C.R.E.A.M. #38 - Waiting for Altseason

Dear Lizards,

Altcoins and Bitcoin had a strong rebound yesterday! BTC pumped back up to 66k, however on the higher timeframe, both Alts and BTC continue to correct since their peak two months ago. Since then, the market action has been defined by uncertainty. We faced macroeconomic events like the slowdown in US GDP growth and geopolitical tensions in the Middle East, creating a non-investor-friendly environment. Although the situation seems to have calmed down or at least been priced in, markets continue to slowly bleed and correct.

Was this the top? Will we ever see an altseason? Should I buy now? All these questions are on the table for all crypto investors.

In this edition, we will take a closer look and try to answer these pressing questions while also reviewing our altcoin portfolio. While most coins correct, one coin is making new highs leading to a peak profit of 893% since coverage in this newsletter!

A little heads up: We will modify our portfolio as well and publish a new coverage next week!

Stay tuned!

Yours,
Stockmoney Lizards