Chris Burniske Says All It Takes Is One Day for Crypto To Ignite Bullish Reversal – Here’s What He Means
Venture capitalist Chris Burniske says that it would only take one day of positive action for the crypto market to suddenly reverse course.
The investor tells his 324,300 followers on the social media platform X that he’s starting to see signs of life within longtail cryptocurrencies – or altcoins further out the risk curve – perhaps the beginning of a bullish market structure.
“Starting to see strong signs of life in long tail crypto assets – this signal doesn’t always have follow through, but it tells me people want to take risk again as the majors consolidate…
All it takes is one day for short-to-medium sentiment (and flows) to turn.”
Looking at the top crypto asset by market cap, Burniske says that Bitcoin…
