My broker has BTC, ETH and LTC, but I never traded them. Right now, I can understand Mr Perlow, "hodler" of BTC (sorry, but this sounds extremely retarded) because the hype-train he isn't sitting on anymore collapses. He is a seller now, otherwise he would be a big fool, but I guess, he isn't. Look on the chart, what a rally it made in May.


It is hopeless over-hyped, there were no sellers anymore - only buyers - so the only way the hype-train can go is down - after you were a buyer, you're a seller. See the exhaustion gap. It's a good sign of weakness. The Impulse gap that followed this weekend should let ring your alarm bell. It's still struggling now a bit, but Buying in isn't a good idea right now. The picture is getting a bit clearer when you take a look on another crypto-currency, the ETHUSD (LTCUSD even looks worse).


This doesn't look like a healthy chart at all. I mean, from Open in May till High in June (12th) is the factor 5 in the price value! This is absolutely crazy.