While people like @PhilakoneCrypto on Twitter keep trying to call this bottom, we remain fairly bearish for continued future declines. Our 100% USDT position is proving to be the real MVP while others try to call the bottom or chase fantasy bounces in ALT coins. The real trend is down and we maintain that there needs to be a serious reversal before we start scaling into BTC or ETH.
News:
Crytpos Dip As Novice Traders Start To Panic:
https://cointelegraph.com/news/bitcoin-prices-again-below-8k-but-traders-forecast-fresh-upside
Bitcoin looks like it is finishing Pink Wave 3 here and will have a setup into a choppy Pink Wave 4 with the RSI being in oversold territory here.
