He is right, some coins have hit major resistances.
However, BTC has pumped a lot harder than many bears have thought.

I tell you to be careful of this 100k line.
As soon as we break 100k, this will go through the media and be the best advertisment for BTC.

You have to understand BTC, then you'll realize that he is wrong.

So many big states, companys - even countries have started buying BTC. This is why the chart looks like it does.

Retail is aping memecoins - some are. Not many BTC gains have even entered the Altcoin market.

A big BTC retrace would definitely cause a major dip. However, as long as BTC grinds upwards and the exchanges get lower and lower BTC, we are not stopping.

Alts are still undervalued. It would be a different thing if alts would be making ATHs. This is the time you start to wonder how much further it goes. We are still pricing in.

And the reason why we have low reserves is this massive bull flag.

Bears and noobs simply sold to new strong hands. Their positions are not BTC 15k, they are 50-70k now. This is why consolidation is important.

These people that sold their BTC ad 48k are now pumping the market because they fomo inverse.

$FIL

ATH is $500. Very likely it will never hit that again. But even $50 would be very nice :)

✅ Unusual Exchange Outflows
12,779.27 #BTC ($1,263,277,169)
aggregated outflows from multiple exchanges in an hour

1. Coinbase_prime 3,706 BTC (29%)
2. Gemini 3,080 BTC (24%)
3. Coinbase_advanced 2,449 BTC (19%)


Please note that large withdrawals from exchanges that don’t support custody solutions or OTC desks could be an internal transfer. We would change data if there is evidence of an internal transfer after investigating wallets.

View Chart | @cryptoquant_alert

This shit makes me bullish as hell

$XLM perfect rejection of first target.

$ICP last resistance, when broken -> big box.

🟢 #ADA Liquidated Short: $63.1K at $1.050

1200 at 100k

This is binance. Similar amount on CB

We have 12k daily outflows. I don‘t see a massive sell wall, yet.

$XRP broke out. Now towards $2

Wow, everything is starting to pump. With BTC below 100k prepare to see dips soon

Doge broke its last major resistance. Next step ATH. Seems like Doge is the indicator this bullrun.

If you ask me, most of the alts (aside from the ones that just 3-10xed e.g xlm xrp doge pepe etc.) are just hitting their levels that should have been the lows of this cycle. It is literally just correction of this overleveraged dump

Found this, I also like this chart on $LDO

3 charts, all giga bullish $LDO

As soon as ETH finally moves, I predict LDO to be a top 20, even more a top 10 coin. When tradfi apes into ETH after BTC stopped its pumps, they will want to get 3% APR on their ETH without hassle and they will choose the leader.

57B alone have flown into the altcoin market this week. Beautiful to watch. And this time we all bought the bottom :)