Yea buying above 50 is safest, when it drop to 40 huge alt rally
brotoshee
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@ksqndx2pqq, Yes it should be safe. However, I am prepared to buy earlier if I can confirm a trend reversal contrary to this idea,
drcorvinus
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BTC.D appears to be hitting strong resistance at 46... my take is that this latest run was BTC-only for the most part but when BTC starts to rise again this time ALTs will rise harder
brotoshee
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@drcorvinus, may happen. but generally dominance goes up after tax season before it goes down. But regardless of what a lot of altcoin maxis say, the market is heavily dependent on BTC price. you are right IF BTC is on a slow uptrend, alts will outperform. I have included that scenario here:
radovankozma
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next alt season? We are in the middle of this one...
drcorvinus
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@radovankozma, Hardly, last alt season ended May 19, way too many bears all over the alt market now