Quote from: Herbert2020 on October 05, 2019, 08:07:55 AM

Quote from: illyiller on October 05, 2019, 06:31:02 AM

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.

Maybe they are, maybe not. Bitcoin bulls were shitting all over altcoins in 2016 too, making the same assumptions. Then the 2017 bubble happened.

I'm not willing to baghold anything down here, but I'm definitely keeping an eye on these charts. It might take a few more months for altcoins to bottom out but I'm seeing signs of accumulation.