The time for the king to rest and let Altcoins rise again. Short

Bitcoin / U.S. dollarBitstamp

Description

⋅ Oct 29, 2017 9:44 PM

I have a strong respect to the crypto king BTC. I really enjoyed the gains last 3 months! If you held onto your BTC through last 3 months you had over 100% gains. I believe it's time for crypto king to rest and give Altcoins chance to rise.

Trend Analysis

Comments

veltto_keksi

⋅ Oct 29, 2017 9:51 PM

I don't think it will happen just yet, but let's see.

gkim93

⋅ Oct 29, 2017 10:03 PM

@veltto_keksi, After looking at weekly chart, you might be right. Market might take some time to adjust.

Mikeeeeee

⋅ Oct 29, 2017 9:48 PM

check weekly chart. i see 3 to 5 more uptrend weeks befor retest of 5k :D

gkim93

⋅ Oct 29, 2017 10:02 PM

@Mikeeeeee, That's a good point! I usually stick with daily chart. We might have some time but I definitely see correction coming soon~