Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Rosewater Foundation
on 24/07/2018, 04:09:55 UTC
Eth at 0.058 is looking a bit limp wristed.  

I think ethereum and the rest of the alts are going to be in a bear market for awhile and will not follow the Bitcoin rocket this time.

Not enough money to pump bitcoin and the alts. This is still a really weak rally on terrible volume, hence alts sell for BTC.

That's why it's usually a bad sign. This rally will probably need to deflate a little to fill those tires back up. It's always the way.
Agreed. However, remember that during the run-up to 20k, alts frequently did this, until BTC paused for a few days, and then they went nuts. Like the day LTC was up, what, 100%?

That whole thing was a blur from a moving caboose. I don't remember much.