GREED is back, why should you care? Hello HODLer, Just a quick message to express my thoughts about the current state of the market. The Fear & Greed indicator is one of the simplest but most useful to understant in which market's phase we are in.
It clearly feels we are in a Bull Market Phase, with elections stress going away and more and more bullish news (for Bitcoin mostly).
We touch a 90 score yesterday and are still very high compared to the past few months as you can see below. I expect a small consildation before going up again. I would also like to differentiate Bitcoin and Alts, Bitcoin going up is a no brainer for me. This is less the case for Alts are many of them do not have a clear narrative or value proposition (even if they can indeed moon). **We have an economic crisis, political crisis incoming in the US and a Health worldwide crisis so I expect the money printer to continue to print but risk-on assets to underperform and I put alts in this bucket.**
**To conclude, I am keeping my BTC Long but I am more neutrals on Alts at the moment.** I am looking still at some tasty ones ! Cheers, and be careful ➡️ Be paid daily to browse with Brave Internet Browser ➡️ A secure and easy wallet to use: Atomic Wallet ➡️ Invest and Trade on Binance and get a % of fees back ➡️ Youtube ➡️ Twitter ➡️ Hive ➡️ Publish0x ➡️ UpTrennd ➡️ Read.cash ➡️ LBRY https://brave.com/mrc105 https://atomicwallet.io/join?kid=19E4Q5 https://www.binance.com/en/register?ref=FDKJH46B https://www.youtube.com/channel/UChO23TdSZBurqyINM98PPRQ https://twitter.com/VinnieLemon https://hive.blog/@vlemon https://www.publish0x.com/@Crypto_Lemon?a=Jrb2k7DAdW https://www.uptrennd.com/signup/NTc3OTE https://read.cash/@CryptoLemon/daily-crypto-news-july-15th-1bbc8955 https://lbry.tv/$/invite/@CryptoLemon:1 ➡️ Check out my video on Unstoppable Domains and get 10$ off a 40$ domain purchase https://www.youtube.com/watch?v=PXp1Jl_n_XM&t=1s https://unstoppabledomains.com/r/05939fe1637e4fc ➡️ Get 50$ free by ordering a free Visa Card on Crypto.com using this link or using this code qs4ha45pvh https://referral.crypto.com/signup?_branch_match_id=734714753472187866
2 comments
beautiful wrap on up the analysis! haha read through it and kinda got lost until the conclusion XD thank you again!
BTC is the king, Alts are riskier and could go down in the short term :d