Ninjastic
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Board Speculation
Re: BTC & Crypto Market Update: BTC Clears $10k, Alts Gaining as bull run ensues
by
exstasie
on 10/02/2020, 21:18:19 UTC
Quote from: Gozie51 on February 10, 2020, 01:46:24 PM
Quote from: exstasie on February 10, 2020, 07:48:04 AM
Quote from: pooya87 on February 10, 2020, 03:50:57 AM
if you actually check the charts you can see that altcoins are actually getting dumped these days but when you look at their USD value it seems like they are rising.
We can see the same thing on DASHBTC and many other altcoins. They have been rising against both BTC and USD. In other words, they are outperforming BTC, at least so far in 2020.


Your second chat looks like a preparation market or ranging, never sure of direction to go. It is more like an indecisive direction.

It's a bull flag until proven otherwise. DASH tripled in value vs. BTC and is now consolidating near the highs. It's difficult to describe that as bearish. It's even more difficult to describe it as "getting dumped."