Quote from: nidimitrov88 on April 26, 2019, 03:26:54 PM

This chart is the Total CAP of ALTS without BTC.
As you can see we have a bullish pattern forming which could be the 4rd wave down.
If this play out,we expect the Final push on alts in the next 1-2 weeks.
There is a connection between BTC and Alts, if you remember after the biggest push in 2017, Alts first were bleeding, and after they started their way up, this could be the same.
As always wait for confirmation.

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Your analysis has 90% of truth in it, most altcoins are fond of increasing when bitcoin goes sideway, and that is what led to their spike after the bull run of 2017, but I dont think we should be expecting anything from altcoins anytime soon.

Using this analysis available to us which can also be confirmed through your statement, altcoins increase relies of BTC consolidation and we dont expect any consolidation from BTC now till after its bull run which will not be this year, we still have the halving scheduled for May next year, after which the full bull run will be seen, so any spike in the value of altcoins is not expected until next year.