Post
Topic
Board Speculation (Altcoins)
Topic OP
Top 5 Cryptocurrencies to Watch This Week
by
cryptonx
on 31/08/2020, 22:38:07 UTC
here is the lists BTC, ATOM, LEND, XEM, YFI
Bitcoin is likely to consolidate for a few days but during this time select altcoins are likely to extend their up-move.
if history were to repeat itself, Bitcoin could consolidate for another 3-12 months before making a decisive move.
During this period, when Bitcoin remains range-bound, several other altcoins are likely to rally in rotation.
For the past few months, the market action has been in the DeFi tokens, which have been in a bull run of their own.
So, while Bitcoin consolidates, let’s look at some of the altcoins that could provide an opportunity in the short-term.

read the full analysis here