All (bitcoin, altcoins, tokens) started recovering well after bottoming out.
Nice weekend has been occured obviously for all.
A bit worry about the next week, not sure that ups will keep maintaining or not.
This is what every holder is waiting for. Hopefully the exchange will match the high expectations we all have. It could potentially become exchange number 1 in Europe.
I'm very sorry to say that: the bottom is far away...we are close to the bottom(= 3100-2800$) from Elliot-wave 3. - Maybee we see this bottom end of the next week. After that it is possible that we get a massive recovering wave 4 to a BTC around 4400-5000$. After will follow the last wave 5 with NEW lower lows. - Wave five will start in Q1 2019 and will BTC (and sure all other Coins) selloff to much lower lows then in wave 4. - At the same time the stockmarketcrash will happen around the world. - That stuff will bring BTC and Crypto big in troulbe. - NOW is time to buy BTC and other Cryptocoins, to wait for the next bullrun beginning End of 2019-2022 to a BTC price around 400.000$. Then same cycle could again happend. - BTC drop to 40.000$....
When bitfineon start nothing big will happen about the price in ALQO. Because good news didnt help in that phase of the Bearmarket. (I really like and the Alqo Project and community)
Save my words and look if that get happend next time...
There is quite a high probability that he is right. However, this is crypto and it's heavily manipulated, so as soon as everyone will believe that and become utterly bearish, the market may suddenly revert out of the blue, not because there is a sense in that, but because at that point it would be the most painful direction for the market.
ALQO's price will rise when volumes will be back in the market IMO.