Bought some OMG with my stock market profits. I think we have a seriously wrecked alt coin that will play catch up to BTC whenever BTC.D reverses down towards 40%. When is that? Don't know for sure but my spider sense tingles pretty much daily now as BTC approaches my $75k TP.
I think once BTC hits that TP (or even $82k) we should get an Alt season of epic proportions. So timing a perfect entry is almost impossible & the alt coin market cap looks very strong.
I decided to buy at $5.20. I can handle a possible correction action back down to $4, I just won't sell because I know that up only is the way heading forward and bears just keep getting small wins the bulls control the space now until they don't.
Not to sound completely BullTarded here but the BTC fib extension is currently headed towards 3.618 at $72k with a very possible over shot due to momentum. If my theory is correct then when altcoins due catch up to BTC during the crash in BTC.D the alt coins will hit that same fib extension level. For OMG that level is around $230-$245.
Anyway good luck guys.
I think once BTC hits that TP (or even $82k) we should get an Alt season of epic proportions. So timing a perfect entry is almost impossible & the alt coin market cap looks very strong.
I decided to buy at $5.20. I can handle a possible correction action back down to $4, I just won't sell because I know that up only is the way heading forward and bears just keep getting small wins the bulls control the space now until they don't.
Not to sound completely BullTarded here but the BTC fib extension is currently headed towards 3.618 at $72k with a very possible over shot due to momentum. If my theory is correct then when altcoins due catch up to BTC during the crash in BTC.D the alt coins will hit that same fib extension level. For OMG that level is around $230-$245.
Anyway good luck guys.