i have to admit that i expected the alt market to follow bitcoin up here. i believed that bitcoin would go up this way, but the alt market only joined in half of the way. it suprises me that so many people are selling alts, and buying bitcoin. bitcoin is a safety asset. its what you buy during the hard times to loose the least. not what you buy as the bull market officially starts.
there is ofc a reason why bitcoin is rising alone. its always about "stealing" as much money as possible. as the people start getting their eyes up for bitcoin again, the people in the know can buy alts at fire sales. my guess is they plan to sell bitcoin for a few months, as it goes sideways. bitcoin is at the line, just as everyone wants to get back in.
people are actually thinking like this is the start of true bitcoin dominance. thats how you know alts are about to begin. bitcoin is going to loose alot of dominance, the more popular crypto becomes. its the most important, sure. but its going to loose dominance in every cycle. i have to say i am impresses that they can get the community to actually believe that. but all of them have been told the pattern we follow, and none of them seem to be able to see it. "what is happening now is literally text book" -crypto daily, a few weeks back when we started the bounce up. it does not surprise me they are so obvious with their manipulation.
a little side note here. get ltc for this bounce. im thinking short term. when alts start going. ltc wont stop. it has the halvening in august. should have a truly crazy bounce as the bull market starts with a halving at the same time.