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AlanSantana
May 20, 2020 12:40 AM

[ALTCOINS] SWITCH! Bitcoin Sideways, How Long? 

Bitcoin / DollarBitfinex

Description

We've been looking at many of the Altcoins vs Bitcoin (ALTSBTC) pairs and many are set up to explode, meaning, they are about to jump in price.

Here is a scenario that hasn't been considered often lately and that is Bitcoin Sideways.

When Bitcoin goes up, Altcoins drop.
When Bitcoin goes down, Altcoins drop.


Remember the bear market?

The best time for the altcoins market happens when Bitcoin is going sideways...

When Bitcoin goes sideways the Altcoins tend to grow.

Here we have an inverse signal, the Altcoins are getting ready to explode, so we can consider Bitcoin sideways for the rest of the month... or not?

What's your take?

Share with us in the comments section below... Remember to hit LIKE to show your support.

Namaste.

-- Here is a different view of the same chart above --

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Comments
pegaz
NIICE CHART.THANK YOU
AlanSantana
@pegaz, You're welcome.
AlanSantana
@pegaz, Thanks.
Dane113
Is eth excluded from altcoin pump, as it seems to follow btc most of the time
AlanSantana
@Dane113, Yes... I consider the TOP10 altcoins to behave more like Bitcoin rather than Altcoins.

ETHUSD tends to move with BTC.
Askhat_Kulchiyev
@alanmasters, if you have a chance can you please share your opinion on RVN- BTC pair?
AlanSantana
@askhatkulchiyev, Neutral right now leaning bearish but can change soon.
Lingrid
perfectly!)
here is my work)
AlanSantana
@Lingrid, Thanks a lot for sharing.
parham-crypto
i follow you ! what do you think about this ?
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