As for the overall market - don't worry, when BTC hits $10,000 in the next ~6 months, alts will explode like you've never seen.
I don't even know what to say to that. Pipe dream? IMHO BTC will not reach $1k by years end and has a very good possibility of being even lower than it is now by then. MACD and BBands are usually very good indicators of future movements. If BTC was consistently setting higher lows on pull backs I would be more optimistic but it has not been doing that.
I think Hedge funds are already buying alts so this next rally will have legs.
I highlighted the key word in that sentence. Let's come back here in 6 months for a review.
