People are still too bullish

2018年4月4日

I feel like people are still far too bullish right now. I don't see any long term hodlers capitulating. If we continue the current path we could potentially grind out a very long and painful correction. Therefore I think it would be better to see a huge fast capitulation down to $1300 area or so. Then build the biggest V bottom of all time confirming its the start of the next bull run. Public interest is low right now and we wont draw any fresh money until we start seeing crazy gains again.

TLDR: We need something to happen to make outsiders start to fomo into the market again. What could be better than the biggest V bottom reversal of all time? :D