At this point I am getting a little bit worried about what I am seeing on the charts, the upward movement obviously benefits me, but it is so abrupt and sudden that it seems unsustainable and at some point a fast decrease on the price may come.
Now this is not much of a problem if you had invested your money in bitcoin, but if you invested in some of those new altcoins, your losses can be huge as many of the coins which are pumping today may not be around a few months down the line.
This is why I believe we are still in the Disbelief stage, instead of Hope or Optimism. BTC just created a new ATH before the halving, surprising the whole market, but I don't see FOMO happening in the market, it seems that most are waiting for a correction so they can buy more BTC at lower prices. I think Hope will really only come after Halving, when the narrative about the scarcity caused by Halving will push investors to place high expectations on the market's impressive growth.Now this is not much of a problem if you had invested your money in bitcoin, but if you invested in some of those new altcoins, your losses can be huge as many of the coins which are pumping today may not be around a few months down the line.
Right now, I expect an accumulation behavior for BTC, at the same time Altcoins will receive inflow and catch up with BTC in price performance.
