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While BTC went down.. Alts crashed.. OR .. corrected?I present 3 layer 2 solution alts with 3 similar ABC corrections, but with 3 different structures. In case this correction is finished we can clearly see an ABC correction, which could interlude a new bullrun. On the other hand BTC has dropped from a significant high, and failed to reach the 60K, though we remained above the 1T BTC market cap as this is an milestone in history and could indicate a support level. Bitcoin just had 1 leg down (on a smaller scale there was a leg down as well, but not as great in comparison as this one). Alts had 2 legs down, and so if bitcoin would have a new visit to lower levels, we might have an ABCDE correction. Worst case, we could have a major BTC correction in which we don't know yet how ALTS would behave, but they would probably outperform to the downside as well... So be careful with trades and risk mgmt. On the other hand I don't quite believe on the long run we are done. These alts are a free sample of what still undervalued top-coins look like. So I am mostly long, but I don't have enough data to completely back my theory.
by Wolverinos
5
BTC DOMINANCE AND CORRELATION WITH A POTENTIAL ALTCOIN EXPLOSIONIf you look at this chart, you can see how btc dominance going down in 2018 created an altcoin explosion, making the fortune of many altcoin investors. All the major altcoins reached their ATH, making an increase in value like 1000X, 3000X, creating many new millionaires all around the world. What if this chart completes this harmonic pattern, approaching the previous low? A potential altcoin explosion could repeat what happened in the past. Try to think wich altcoins could make you a millionaire!
CRYPTOCAP:BTC.DLong
by cantestogo
6
WHAT IF THE ALTCOINS ARE GOING TO FOLLOW FIRST BITCOIN CYCLE? Many of you guys are looking for the next 1000X project to become millionaires. Do you remember the first big wave for Bitcoin? It tested 1150$ in 2013 and after that long downtrend it seemed impossible to reach that level again. Now we all know it was just the first wave of a bigger cycle. Just imagine if the peak in 2018 for all major altcoins was the equivalent of that peak in Bitcoin. How many 1000X or 3000X projects are still available right now? Please write down your favorite projects with a huge potential.
BITFINEX:BTCUSDLong
by cantestogo
2
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by WallStreetPremium
2