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CryptoBullet CryptoBullet @cryptobullet · 67.6K subscribers
Post #12137 37.5K
CryptoBullet Some thoughts 💭 After this flash crash the Altcoin market is dead. Imagine you’re new to crypto and want to invest, but you see how the top 20 altcoins dropped 60-80% in a single 1h candle and some multi-billion dollar coins actually touched ZERO. Will…
More thoughts 💭💭

Yesterday's crash was either the start of a Bear Market (Altcoins are already at crazy low levels lol, can they go even lower? Below zero??)

or it was a perfectly orchestrated leverage wipeout before a massive rally on #Alts.

Frankly speaking, I'm leaning towards the second option.
This crash actually might be bullish, because many people lost all their coins and now they'll have nothing to sell if #Alts finally rally.
The less selling pressure there is, the higher prices will go 📈
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