Post
Topic
Board Speculation (Altcoins)
Re: When will Altcoins come out of the Bear Market?
by
slaman29
on 23/05/2019, 10:21:23 UTC
Altcoins are falling behind bitcoin as bitcoin has come out of the bear market so when will altcoins follow?

Is there like a pattern to this? If there is a bitcoin bull run then obviously altcoins don't go up at the same time however when bitcoin has a pullback in price then do altcoins shine then or when bitcoin pullsback to a stabilised price for a how long certain period of time before altcoins shine usually?

Can someone compare the patterns from 2017-2018 to 2019 now when it comes to altcoins?

Careful with looking at patterns. The same chart, you will be surprised, will give 10 different traders, a few similar patterns but different random ones. The more you pull the timeline or zoom in, the more different these patterns will be. And every trader is tempted to SEE patterns they hope to find.

Alts I was just saying in another thread, they are still almost chiefly reliant on Bitcoin. Until the day they are independent, they come out of the bear market when Bitcoin does.