It’s been 19 days since Bitcoin tumbled 30 percent.
Since then, we’ve seen a lot of back and forth from BTC and most altcoins but no real direction.
That isn’t too surprising given the magnitude of the May selloff.
A 50% decline in 10 days is enough to cause indecision in any market.
In today’s issue, I’ll discuss where the total crypto market cap stands, as well as a potential BTC breakout.
I’ll also share my thoughts on what’s happening with the bull market. Is it over, or are cryptos taking a page from the 2013 bull run?
Let’s get it!
Managing Risk During Indecision
Anyone can make money in a bull market. Take cryptos between March 2020 and this past April as an example.
Bitcoin gained 1,600% during that period. Altcoins like Ethereum did far better at 5,000%.
Then, there are smaller alts like VeChain (VET) that rallied nearly 18,000%.
All you had to do was buy and hold to turn $1,000 into $50,000, if not more.
This is a members-only issue. Join today to get access to the full post, charts, and watch the video.Join and pay monthly Join and pay yearly (save 20%)
Already a paying member? Sign in