long? risk is getting pretty high

I posted a chart saying go long on btc and we have had another leg up. I did think we would start to get a sell off in market cap an that has not occurred. Last two run up all time highs of btc was the alts starting to sell off btc dominance running up then one btc started to sell off the whole market cap started to sell off. I thought after yesterday we would start to see a sell off which did not happen. We actually have added 10 billion to market cap in a day and a half and btc is holding its highs. We did have like a 6-8% pullback on btc the alts started to bounce and now the bigger names are pushing up as well catching up with btc. now it is only a very small amount select few coins that are starting to gain traction. But eventually the market did have to start weeing out the scams an it looks like that is starting to happen. There are a few other coins that maybe good buys on a decent pullback including ltc, eth, xmr, dash, xrp, bch,omg, neo. Basically only coins in the top 20 an ones that have long term sustainability an ones that have proven products. not great ideas that have a website an wallet only. The new investors are looking for proven coins. Old alts that pumped crazy are dead. Coins that aren't updating an improving there products are dead.
But btc here looks like were gonna push up again so look for a break out of this flag or wedge pattern. After that you really nee to see not only how quickly btc pulls back or sells off as well as what other big coins and total market cap does. If we see a major pullback in market cap I would say my previous idea of longer term pullback is valid but at this moment I would say were looking very healthy with btc looking a little heavy in market cap.