At which price will loose Bitcoin the dominance in the Crypto Market?
Some opinion about the actual market situation:
I'm betting you're right. Altcoins I'm watching are showing lots of strength against BTC. Ethereum is looking especially strong.
Alt-BTC pairs have probably already completed the earliest phases of a Wyckoff accumulation schematic. Now we're looking for a "sign of strength" to indicate a new uptrend. Something along the lines of what we saw in the first 2 weeks of January in 2017:
Many thanks. You think a similarity (in technical viewpoint) as I see (from my fundamental viewpoint) with early 2017...... Here is the diagram:
1. accumulation phase, to have i.e. BTC's to "drop" or "invest" later...
2. the "attack". a try to break the dominance of BTC agains other crypto's (three main competitors at THAT time: USD, ETH, XRP ... I don't write for Tether: USDT, because the truth is USD with the FED of the USA)
We have 5 weeks or 7 weeks before ETH breaks the dominance of BTC? We are ahead of an interesting time I think. Be strong. Hold your coins
I'm betting you're right. Altcoins I'm watching are showing lots of strength against BTC. Ethereum is looking especially strong.
Alt-BTC pairs have probably already completed the earliest phases of a Wyckoff accumulation schematic. Now we're looking for a "sign of strength" to indicate a new uptrend. Something along the lines of what we saw in the first 2 weeks of January in 2017:
Many thanks. You think a similarity (in technical viewpoint) as I see (from my fundamental viewpoint) with early 2017...... Here is the diagram:
1. accumulation phase, to have i.e. BTC's to "drop" or "invest" later...
2. the "attack". a try to break the dominance of BTC agains other crypto's (three main competitors at THAT time: USD, ETH, XRP ... I don't write for Tether: USDT, because the truth is USD with the FED of the USA)
We have 5 weeks or 7 weeks before ETH breaks the dominance of BTC? We are ahead of an interesting time I think. Be strong. Hold your coins