Bitcoiners are Taking Gains and Pumping Altcoins

We picked up more ETH, MKR. Bought REN, YFI. Also, Lyn Alden on Short-term and Long-term Debt Cycles

Dear Crypto Asset Investors,

Last month I wrote that we should expect a 30% drop soon. Couldn’t have been a better timed post since Bitcoin dropped 32% a few days later. However, I also pointed out that Bitcoin had three drops between 30% and 40% before continuing to rally during the 2017 bull run.

Analysts blamed this drop on:

1. Janet Yellen claiming “most…