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BitJoy
336 posts

BitJoy
@SatoshiDivision
class of 2017. mentally ill by way of crypto twitter.
Real Fake Doors Присоединился Temmuz 2017
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@CredibleCrypto Onyx coffee roasters, they're some of the top in their industry
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Don't miss the $Zelix metaverse train.... DYOR #Crypto is Future
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Added to my $SAVM bags here at $1.20
can't believe I get to buy the future of finance at under $20M mc
dexscreener.com/ethereum/0xad9…

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@Mattdigz @nestayxbt I thought the same. It don't think a previous cycle's post- blow off top alt run should be used to predict a mid-cycle alt run.
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@nestayxbt Interesting, you're expecting a mid cycle rally to behave the same way as a previous cycle blow off top?
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$BTC vs $ETH
At previous cycle tops we saw a complacency shoulder (LH structure) after BTC marked its top while ETH made a HH. I could see this scenario happening here and alts making their final (mid-cycle) run. Important to note that this didn't happen at previous mid-cycle top in '19 but due to the current ETH ETF narrative, there's a chance that it could still happen during this phase of the cycle.

nestay@NestayIO
Regarding alts: they want to see BTC print a complacency shoulder here, where BTC prints a lower high and alts make their final pumps. It happened at each cycle high but could also happen on a midcycle top. If BTC goes for the straight nuke, this is invalidated and alts nuke with it.
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