Many on crypto twitter seem under the impression that altcoins broadly are about to enter a bull market in the immediate future, however I'm not terribly confident in this for a few reasons;
- many coins are still far above their previous accumulation ranges - BTC being heavily bearish would imo make big players wary of accumulating large bags and holding them for a protracted period, both of which would be necessary to see a dramatic turnaround
Comment
⋅
Wew lol. Didn't realise the lower chart would be included. Unrelated to idea just some short term trading I was doing :^)
not sure if SIA will bottom the same as it did previously, ecosphere has changed over the past year (soft fork/ASICS etc) more updates are coming this month along with a revised road map. the point is the product offering is maturing rapidly as such the value might be higher because the product offering is greater and getting better all the time.
netrin
⋅
I think it has bottomed.
ayy1337
⋅
@netrin, Quite possible since trex has reopened registration now.