I'm seeing some relative strength vs. BTC in some altcoin charts. Ethereum, Ripple, Stellar to name a few, steadily rising for the past month. Seems odd considering all the blood in the BTC market. I would have expected altcoins to fall harder.
Could that indicate we're close to a bottom in altcoin/BTC charts?
Is this guy onto something with his market vision?after about 1.5 years of dumping some of the altcoins are having some reversals but it doesn't mean they are rising and it has no indication about the strength of them. they are at this point purely dead cat bounces. for example in case of XRP we saw that when bitcoin was deadly stable above $10k it had a little pump which was crushed under the dumping load and the price crashed down again and then crashed again when bitcoin price went below $10k.