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During bear markets, some altcoin holders become delusional that what they invested in is something exceptional and that it will come back and recover because the creator is a genius. It might go back to $2-$3, but if Bitcoin will be $300k, it's useless. It's actually safer to hold Bitcoin in the majority of cases for peace of mind, not having to follow what the founder does every day and for consistent growth.

This is an oversimplification, it's not because something lost 99% that it will recover most of the time stocks that lose 99% go bankrupt. Amazon is an exceptional business run by an exceptional CEO. DOT is not.

@cryptowetrat Good job!

@KryptosChain blocking most of memes and alcoins gurussssss

Has anyone lost hope in all altcoins but still believes in Bitcoin?

@cryptaxpt I wonder why? Maybe they didn't send the requested papers?

@KryptosChain Many people had there Revolute blocked

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I wonder if it's the consolidation on the 4H. We were squeezing between that lower high and lower low but if you zoom in, you will see that at some point, there were higher highs and highers lows on the 1 hour. We only closed above the last high early yesterday. It's looking like it wants to attack the area of supply of the 4 hour next.

Breaking $75k is MASSIVE for Bitcoin. This significantly changes our outlook. More to come.

@AndreyMcQueen @giottodf @binance Centrifuge was also one of the top parachains. Up there with Moonbeam and Astar.

@giottodf The price rose due to the coin being listed on the @binance exchange.

Maybe that's exactly why it's going up?

Solana has broken and closed above the 1 hour lower high for the first time since the big dump on Friday 6th of Feb. This is an early bullish sign of a potential reversal, but only after ~$106 gets a break and close above can we really say things could be turning around (at least short term). P.S - Only after the 1 Day gets a break and close above can we say (the bear market could be over).

Double bottom while the price is in an uptrend? Double the reason for it to be attacked and liquidated on the pullback. Double or Triple top in an uptrend? Double or triple the reason to be attacked, therefore strengthening the continuation of the uptrend! Obviously this depends in which point it happens, but if it's an early start of an uptrend, it works the best!

Crypto content creation has died out again 😅

@mikealfred The moment someone says it will go to zero, they can't be taken seriously. Even if it was to drop to $30k, Bitcoin has proven itself time and time again. Only smart money know how far down they want to take it before moving it higher.

Just got off a call with a guy who is widely known as the best chart trader on the planet. He is worth over $2 billion. His current chart squiggles say that Bitcoin must hold $66,700. If it does, $315,000 next. If it doesn’t, it will go to zero. Charts don’t lie. They know all.

I also agree. Until at least the 4 hour turns bullish, we remain bearish. What's interesting is that we've been consolidation within that 4 hour range of lower high and lower low ever since the big dip, so there's some accumulation for sure, but we don't know if it's fuel to the downside or ready to go back up till it happens. For now, still bearish.

As far as I can tell @benjamincowen believes there is no reason to believe the bear market is over yet. If so, I agree.

For those who got excited with the crypto market going up, we're consolidating on the 4 hour and 1 day charts but still in a downtrend for now, and the 15 min is bullish. I think smart money are just pushing up the price in order to accumulate big short positions at higher prices to have the strength to push the market lower. In short, don't get overexcited!

@mikealfred Nobody can predict the future so you shouldn't place trades based on a prediction from a content creator, instead use it as a way of trying to understand why he said that and do your own analysis. Following blindly only leads to losses, simple!

@CryptoJebb Yep and we're also still in a downtrend on the daily and 4 hour so that will fuel the impulse even more.

If the Iran War does not end within a few days, (Which it probably won't) the ensuing chaos caused in the energy sector by the cessation of energy shipments from the Middle East will likely crash the stock market, which will crash Bitcoin. Stay safe out there. #FinSov

@megarish @token2049 Yeah, to be fair, most of these conferences are repeatable and don't bring much value. It's a way for brands to promote and socialise with other enthusiasts and investors, that's pretty much it. I find them as money wasted when attending too many of them per year.