Over 35 billion in Alt token unlocks too happen in the next 12 months, Cycle topping out and the Total 3 Bear divergence on the monthly is indicating a massive move down is more likely. Sometimes these alts will get a Relief bounce but im looking too add more shorts on the bounces , so much down side to come.
BTC still trading near 100k and alot of alt coins are almost back to there BEAR market lows... think about that for a moment, What happens when BTC starts to break 90k support? these alt coins will get destroyed, capitulation, imagine being bullish at 100k bitcoin and buying alt coins because the " president " of america...
All these big institutions have arrived at the top of the cycle... its comical, bad timing i guess. Saylor was buying BTC above 100k, Blackrock was buying BTC above 100k aswell... Saylors liquidation is around 15k or 20k , im not saying we will visit these lows, But if we do he will go Bankrupt and with the Ponzi pyramid he started by Selling Microstrat shares and buying bitcoin with it causing the " infinite money glitch ", it could be a Trainwreck waiting too happen.
