Looking at the Daily BTC chart, what do you see?
Many see what they believe to be the peak/top of this bull cycle...
In my opinion, this would look much more "V" like if it that were indeed the case. With that said, I believe that we are looking at a "Rounded Top Pattern". See details below and let me know if you agree!
Rounding Top: Important Bull Market...
This ETH/BTC chart helps to make the ongoing upwards trend crystal clear. Therefore, I expect ETH to continue to outperform BTC until this upward sloping trend is broken in either direction.
When in doubt, always zoom out.
Based on this ETH/BTC chart, it’s clear that ETH is trending upwards vs BTC. Until the pattern is broken in either direction, you should expect ETH to continue to outperform BTC.
When in doubt, just zoom out.
Interesting way to view the historical BTC Market Dominance. As you can see, we have an important inflection point coming VERY soon in which BTC will have to decide if it is going to allow itself to keep losing market share to Alts, or put its foot down and take back what is rightfully hers.
Interesting way of looking at BTC’s historical market dominance. As you can see, we are nearing a point of inflection which we should hit in the next few weeks. What will happen when we do? With more alts this cycle than ever before, is it possible we might see a break to the downward with Alts continuing to take away market share from BTC? If so, does that mean...
Looking at the LTC/BTC chart, and its hard to be anything but BULLISH on LTC these daysithard not to be BULLISH on $LTC right now. Note the size and perfection of the triangle it formed over months and months, until it finally bottomed within the last 2 weeks. It’s worth noting that despite the perfect triangle I saw forming, I was still very skeptical that the...