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DowBits
Jul 21, 2019 9:12 AM

Is BITCOIN pumping all liquidity to ALTS?  

Crypto Total Market Cap, $CRYPTOCAP

Description

CRYPTOCAP:BTC

Back in 2017, we could see that ALTS market cap was lagging BTC by the margin of 2-4 weeks. BTC was a defacto currency people would buy first before they get into ALTS however see the correlation in 2019. The lag had disappeared. Money pumping in ALTS and BTC happening together however BTC still quite dominant than ALTS at this stage. Most reputed exchanges are now offering ALTS to stable coin pairs hence BTC is no more a pre-req to buy other coins. Will this trend continue?
Comments
DowBits
I have added another video to the educational series. TWO critical factors of success when trading ANY market -
transparent-fx
thanks for sharing, looking forward to your next idea, if you want to take a look also at my ideas i'm sure you would take value, cheers
DowBits
@transparent-fx, Appreciate it mate! You had a good forex post. Would be interested to see you analysis on AUDUSD. I don't trade forex but would be interested to know when to hedge
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