Every time that I see the price pushed back up into the $2700-2800 range, alts are down.
That would seem to indicate that alts are getting squeezed each time to prop up bitcoin.
That would seem to indicate that alts are getting squeezed each time to prop up bitcoin.
hard to see now ...
No, just was waiting for someone else to recognize it too. Your graph clearly shows the mirror inversion pumps/dumps along with ETH and other alts.
Also note there has yet been no net new money coming into the overall crypto market. Just whales playing with the initial investment that they pumped in from the beginning, that topped six weeks ago after some profit taking. It has been on a decline ever since.
But of course everyone is so hyper bullish right now...
