Make it or break it time. If BTC breaks and backtests the above trendline, alt-coin owners will have some deep thinking to do. Not sure this chart is of much use considering it would probably take into account a lot of alt-coins that are functionally dead. Will have to do some research. Probably a good cautionary tale though, if you do own some alts, make sure they are not garbage, or if they are, look to get out on a high and get some quality. Every dog has it's day, and I am currently looking to cut garbage from my portfolio.
Even if we do have "alt-season," not all coins will participate.
Even if we do have "alt-season," not all coins will participate.
Note
If you are interested in alts relative to btc, (I don't advise selling btc), this might be the ground floor in a matter of speaking
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.