Post
Ualifi Araújo
·
--
BullishALTCOINS
It is extremely natural for most people to be frustrated with altcoins; it has been difficult times with all this uncertainty and constant declines.
However, it seems that the moment of weakness for altcoins is close to the end, as we are constantly seeing the OTHERS/BTC rise to recover the region above 0.14, which will give us even more strength for altcoins, see...
At this very moment, #BTC is falling -2.40% and yet there are several altcoins making +5%, notice that we are going completely in the opposite direction of Bitcoin, and this difference will continue to increase until the point where Bitcoin will no longer have as much strength against altcoins.
In the last few days, even with BTC retreating -7%, altcoins still had a small drop compared to other similar moments.
We will probably be working in the green range of the chart in 2 or 3 weeks, so that is where we can see something decent for altcoins.
Bitcoin's dominance has extreme difficulty staying above 59.94%, so as soon as it starts closing below 58%, that is when we should see an advance of OTHERS/BTC to the green range.
There are good charts in ALTS for traders, and next week we should have an easier environment for them to trade.
It is extremely natural for most people to be frustrated with altcoins; it has been difficult times with all this uncertainty and constant declines.
However, it seems that the moment of weakness for altcoins is close to the end, as we are constantly seeing the OTHERS/BTC rise to recover the region above 0.14, which will give us even more strength for altcoins, see...
At this very moment, #BTC is falling -2.40% and yet there are several altcoins making +5%, notice that we are going completely in the opposite direction of Bitcoin, and this difference will continue to increase until the point where Bitcoin will no longer have as much strength against altcoins.
In the last few days, even with BTC retreating -7%, altcoins still had a small drop compared to other similar moments.
We will probably be working in the green range of the chart in 2 or 3 weeks, so that is where we can see something decent for altcoins.
Bitcoin's dominance has extreme difficulty staying above 59.94%, so as soon as it starts closing below 58%, that is when we should see an advance of OTHERS/BTC to the green range.
There are good charts in ALTS for traders, and next week we should have an easier environment for them to trade.