Thoughts are the shadows of our feelings - always darker, emptier and simpler ~Friedrich Nietzsche
What's up STACKERS!
So I'm up late at night 12:00 A.M in Las Vegas having one of those "moments of clarity" while going through my large portfolio of Cryptocurrencies. 💰
The current price of Bitcoin is at $17,200 and it had a nice run of about %11 today while being very stagnant for the last few weeks as all the money went into ALT Coins. 📊
I'm thinking there is going to be a shift happening soon and that lots of money will start moving into Bitcoin and Litcoin, away from ALT coins just for a short period of time. 😳
Don't get me wrong, I tend to HODL most of my coins and do take some profits at times but rarely unload all my positions (don't that what smart people do) but today I took some profits and went back into Bitcoin and Litcoin.
There are reason why I did this, Bitcoin will have big news in the coming weeks... the lightning network, institutional money, and influx of newbs coming into the markets... but something is telling me that we can see Bitcoin Dominance rise back up to 50% (at current total market cap) that would put bitcoin around $22,000. 📈
In the next 30-45 days... I see Bitcoin and Litcoin rising fast. Most of the new "Institutional Money" will be heading into them. (I'm not going to bring up ripple!) 🤣
This is just my opinion, if I'm wrong... I don't think it will hurt my portfolio much but these types of "Gut Feelings" tend to come out of no where from time to time.
What are your thoughts, can we continue to see the Boom of ALT Coins or can we start seeing a small selloff and people going back into Bitcoin? ... or even better yet, everything continuing to go up! 🤑
Would love to hear your thoughts? P.S. Is it me or is it also everyone else thats have a hard time sleeping as of late because all we think about is Crypto 24/7! 😅🤣
"Keep On STACKIN" 💞
P.S. For those who are interested in following my "Daily Activities" that I do in very "short form". Follow me here: @charles-fuchs.