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vishweshwaran26
Apr 26, 2020 6:05 AM

Altcoins Marketcap vs Bitcoin Marketcap: Short

TOTAL2/BTCUSDCRYPTOCAP

Description

Heavy downfall awaiting within the next 50 days.
Comments
VincePrince
Thanks for the upload,
this is my TA on the BTCUSD
Crypapi
Based on? :)
vishweshwaran26
@Crypapi, 1) Altcoins have nomore fuel left. XLM, XRP, Siacoins, etc. are always the last ones to pump. Once this happens, Altcoins will take a huge drop. That's what's happening now. 2) BTC - highly difficult to predict which way it would go. In my Daily chart, it still has the chance to climb up as well as go down. So, that's a wait and watch strategy. Typically, Altcoins follow the trend of BTC but they have to Decouple from BTC. Altcoins have not independently decoupled from BTC. Thus, as of now, Altcoins are almost done. In 50 days time, it may decouple from BTC, I guess.
Crypapi
@vishweshwaran26, Or maybe that is what your eye sees?
vishweshwaran26
@Crypapi, Yes. :D
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