Could this be a great buy? Time will tell. With BTC.D charging higher and this ratio going lower, I wonder if it means the death of DGB or the start of a massive rally. Part of me hopes it's the death, and the other part of me hopes it's a huge rally. Death because there's too many alts out there (but DGB is among the better ones) and rally because I still am sitting on major losses. This has been my only major losing buy/hodl so far.
The convincing part of this is in favor of a rally is that we are riding on about the lowest possible support that hasn't been broken yet. How much longer can bulls stay away from this? Or will they return? Please comment your thoughts below.
The convincing part of this is in favor of a rally is that we are riding on about the lowest possible support that hasn't been broken yet. How much longer can bulls stay away from this? Or will they return? Please comment your thoughts below.