Prediction of the Last Boom of Crypto
Alright bois, y’all know that I’ve been talking about this 3 wave thing ever since I started trading cryptos. Jan was asking the other day whether or not we’re in the 3rd wave. Whether we’re in that crazy parabolic wave. Well…I revisited some stuff, and I’ll make a couple of predictions here.
A quick reminder that I’m a degenerate bum who started trading 6months ago. This is by no means financial advice. glhf!
Prediction
BTC dominance really do be at an all-time low these days, and I think we’re about to reverse this trend soon. I think we’re about to enter the beginning of the 3rd wave. I got some limit buys for BTC at various levels, so if it happens to drop, I’m picking that shit up faster than the Pelicans picking Zion as the first pick. I think what’s going to happen in May is that while we consolidate a little bit and wait for these alt coins to catch up in gains, BTC will explode upwards and possibly in June as well. I think if BTC closes a 1-day candle above 60–61 level, we’ve officially entered into the beginning of that illustrious 3rd wave. And this could all happen after people are done with all this crazy “Doge Coin” shit today or tomorrow. What I mean by this is the broader crypto community should be redistributing wealth back into BTC and the other alts.
So, I’m going to try something a little daring. I’m going to attempt to try and swing into BTC, swing out, and swing back into some of my favorite alts.
I know this is a quick update, and I didn’t provide any hard evidence or charts that I’m looking at. But, I just wanted y’all to know what my thought process is. Hopefully, we can make some money off of this crazy market. GLHF!
