Looks like BTC is heading back to the bear side. It would make sense for BTC to have a 2-3 month downtrend while alts get a chance to breathe.
Almost all alts are extremely oversold compared to BTC. Might see them start to boom if BTC breaks the 5.5-6k supports everyone has it pegged at.
8/16 or 8/23 should be the final doomsday "sell all your alts" bleed, before sharp pumps.
Almost all alts are extremely oversold compared to BTC. Might see them start to boom if BTC breaks the 5.5-6k supports everyone has it pegged at.
8/16 or 8/23 should be the final doomsday "sell all your alts" bleed, before sharp pumps.
Expecting a SHARP bleed on alts today and tomorrow.