Bitcoin fails the Howey Test, because it is the only (crypto)currency without an issuer (government, corporation or "foundation"). Therefore, it is considered a commodity by US law.
Every other altcoins passes the Howey Test. That means that other cryptos are actually securities in the eyes of the US law.
But these securities aren't registered to the SEC, so...
Why ?
Fundamentally strong coins are holding the position, which is rare but excellent sign.
Previously, every altcoins used to follow BTC but this time we are witnessing the resistance.
BTC dominance is inversely proportional to Alt coins.
Does it mean, people are understanding the value of cryptocurrency? No, but it has slightly improve.
unless regulation...
The TOTAL2 chart wich is the chart of all altcoins excluding BTC.
TOTAL2 is still in an uptrend and at the moment it´s stuck between the 21 and the 50 EMA trendlines.
The 79 B level turned into support and we might see a nice bounce from there in the next days and weeks.
have a nice weekend
*no financial advise
Really, if I succeed, it is because I am really understanding. he ,,,like i said in my last btc post, playing with the 10,000 is basic to manipulate, make the price fall, make it the price go up,,, I love the manipulation,
If you see, in some altcoins is making believe that they are going down, and moreover, the weak ones may fall, but those with high...
