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UnknownUnicorn651670
Sep 10, 2021 8:31 AM

EGLD scenario Long

EGLD / TetherUSBinance

Description

The configuration of BTC is not very attractive at the moment, can we expect a safe haven on digital gold? If we enter a bear market, this is a possible scenario.
Comments
Hamidd1986
It is exactly what is happening now, Egld is above a rock solid support line very close to ATH which means there is way more space for its price to FLY.
🚀
Flaws95
Dude is calling bear market lol
rafevo
@Flaws95 bear market for no reason
ahiltanveer
in 2030
bdumitrascu
Based on what? Why would EGLD go up when BTC goes down? I've been involved in crypto since 2017 and have yet to find a coin that goes against Bitcoin's movement. I doubt we'll ever have another safe haven other than the original crypto.
itssh1ttoldyou
@bdumitrascu, why should they move together? have you heard different phases? but in general the schedule is extreme
bdumitrascu
@gotostereo, in my experience, different phases doesn't mean squat against BTC. If BTC is stable, then the other coins can move at different speeds and in different directions. But if BTC makes sudden moves (up or down, doesn't matter), it usually means the other coins go down.
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