I played a few positions here over New Years Eve and New Years Day and was able to gain about 20% overall on my portfolio, but lost about 10% of it because I was late getting out of this trade. However, back into BTC heavy now, while it is stable and other alts are still a little down. BTC seems safe for today, until the alt rallies begin.
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I need to update this one.. hmm.. maybe I should buy in while we wait for XRP to start the rally.
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impossible to TA this one, but if I took a shot in the dark, I'd say this.
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Before this happens we have to see where the consolidation ends up and look for the next target. This is a complete shot in the dark, just guessing. If I took a best guess it would be $2.50 target after a short consolidation or sideways period.
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BTW, I expect all ALT's to start a rally today in about 3 hours after BTC futures open.. or shortly after. Target 46K BTC by Jan 16 or Feb 8th. Everything else should boom due to new money coming in.
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Bah, I can't even chart this.. it's going crazy.
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possible correction before more upward..
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Looks like it's right at my 409% mark, where I recalculated. This means after flagging for a bit, we'll have a new target +409% to $3.19.
TRX is about to run into a major sell wall as well. Resistance. Get out before it drops. It was a good run.
Thank you for this. Do you believe the alts to continue rally, even with btc breaking the downtrend? Cheers in advance
evactrade
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Thank You for the TRX warning!
CryptoFTW069
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Cheers for sharing man really appreciate it. Salute
NDezell17
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Loving XLM right now... to the moon
EncrypticTV
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should i sell all my btc and get into alts? if its true
EncrypticTV
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@siddieboy, also if btc would rise because of futures won't all the alts go down?
scac1041
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Thank you, Tin.Foil
Can the new BTC Futures not face the same situation as old one: traders started shorting so BTC did not grow beyond 18k and actually came down to 15k?
Tin.Foil
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@scac1041, Never short a bull market. Give them time, they will learn that we are in a bull market, even though there is a lot of negative BS out there. Once they realize, expect futures to go sky high.
mazyarapps
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btc futures??what is that?
CryptoFTW069
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Could you please please do an analysis on Tron and Cardano? Tia