We love Bitcoin and tend to be one of Bitcoin's biggest fans... But we focus on the altcoins since we are traders.
You know I have an affinity for these charts and I can read them pretty well.
Sometimes, even when there are no signals, I can tell what is going to happen next just by looking at the chart.
I later look for signals that will support what I already feel/know.
Why we focus on these altcoins?
- Because Bitcoin is just one (1)...
- Bitcoin is very big...
- Bitcoin is hard to move...
- Many of us start poor and want to grow.
When we look at Bitcoin , you cannot become "rich" easily with our strategy of "buy & hold".
You would need to catch the bottom, buy loads, and hold for long.
But when it comes to the altcoins, the potential is off the charts.
When Bitcoin does 4X, the smaller altcoins can do 30X+.
We saw Bitcoin grow over 425% since the early 2020 low...
We will see the Altcoins growing over 3000% or more when they finally take off.
Here we have the SingularityNET ( AGIBTC ) chart.
We have the classic with support found at the .786 Fib. retracement level which is the price at which altcoins turn.
With a strong ...
The moving up...
You already know all of my classic signals.
I love to keep it simple...
Just as prices went down, after finding support, they get a chance to move up.
AGIBTC looks ready to resume its growth.