Imagine cryptos reaching there all time highs - at least one of them does!

in #crypto6 years ago

With the recovery from the long and painful bear market as it must have felt for most investors the sentiment is turning bullish. For experienced traders this is always an alarm signal for a nearing short term top and a small pull back ahead.

In the big picture BTC is getting close to where it was in november when the sentiment freaked out and the moon counts re-enacted. So we are at a very sensitive key point but generally what applies for most common coins is that they are still far away from their all time highs from end of 2017 till beginning of 2018. Remember that the small caps peaked little later than BTC and LTC.

BUT from all of the over 1000 coins out there there is only one of them I know which is at its all time high right now. It's the BinanceCoin (BNB) and hardly anybody noticed. Little overshoot of the old high doesn't necessarily mean that a new bull market has begun.

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