Well, r0ach was right in that Bitcoin, after a big fake-out drop, is rallying smartly: close to $520 as I write. And there definitely is a short-term drop in many alts that corresponds well to BTC's recent pump.
I believe it was acknowledged r0ach might be correct in short-term but there was a point-of-view that argued BTC is in a deadcat bounce mode:
It is not over until the fat lady sings.