This altcoin just hit above its December 2021 peak price, MDTBTC, recovering more than a year of correction in 2 weeks... Imagine if you sold 10 days ago and now you see this type of action... Ouch!
The altcoins vs bitcoin pairs will do this, massive growth, just as we have been expecting and guess what happens when they start to retrace? Bitcoin resumes its growth.
The altcoins will grow by leap and bounds, in a matter of days, weeks... Bitcoin goes sideways or maybe retraces a little bit.
When the altcoins catch up to their friends on the USDT/USD side, then a strong correction takes place.
This correction does not hurt the market, money flows from these altcoins back to BTC... And a positive, self-sustaining cycle is what takes place.
From Bitcoin to Altcoins from Altcoins to Bitcoin and the market grows... As the market grows, the sentiment becomes positive and new people investigate what is going on.
Peoples attention has already been piqued with the 50%+ Bitcoin jump, the smaller altcoins will be the icing on the cake... We still have a long way to go before the bulls let go.
Enjoy the profits. Enjoy the fun.
Just as we have bearish waves, we also have bullish ones.
The people that do not want to accept this bullish wave is because they are either conditioned or they are short... Worst time ever to be short, why go against the market if the only way to win is to bet on what the market does?
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