Thread by @RevoltCap

1/ Briefly my take on what's happening right now and why for at least in the short term this could be a good BTD moment (as a short term trade)

Currently, the whole market is tanking even further. Many low cap altcoins are already at -80% from their ATH

#bitcoin $BTC $ETH

2/ I believe we're currently witnessing another form of bear market PTSD

Just like most expected a smooth bull run, now many look to be worried about a potential Q1 2018 bear market meltdown, resulting in heavy profit-taking (or even selling for a loss)

#bitcoin $BTC

3/ It's becoming clearer with the day to me that the market is going to (mostly) do the opposite of the 2017 bull run

#bitcoin $BTC $ETH

4/ The majority expects x,y,z to happen based on the 2017 bull run price action > the opposite, or at least something different will happen (eg. deeper than 40% corrections, longer bull run with longer consolidations in between etc.)

#bitcoin $BTC $ETH

5/ Currently the market is way way oversold, we could dip more but eventually, this will bounce and I believe many low cap alt coins will go up 100% from their lows

Nice short term trade, remember to take profit

(no financial advice)

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6/ At the same time, current price action is building to my point of view that we're going to enter a longer than in previous bull runs (5-9 months), consolidation period

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7/ Nothing of the bitcoin, WEB3 thesis has changed, but it's probably going to take a while before 1) trust is restored and 2) more institutional players are all set up to enter with enough funds to carry us to the 2nd half of this run

#bitcoin $BTC $ETH

8/ We know the appetite and the money is there, all we need is patience

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