BTC and its effect on alts
Hi,
Concise analysis here on what's happening / what should I do / holy s*** I'm off ..... (Not trying to predict future as I consider BTC to be highly unpredictable and manipulated)
- BTC current volatility = Alts bleeding
- Market cap decreased a litlle = Alts bleeding
- BTC dominance has broken the 55% resistance = Alts bleeding more
Whole market is waiting for monthly close tomorrow to see what to do next, so I wont trade until things calm down a little. Hopefuly may will be less crazy.
The good thing is that we may buy alts very cheap and sell high when the time comes.
Trade safe
Concise analysis here on what's happening / what should I do / holy s*** I'm off ..... (Not trying to predict future as I consider BTC to be highly unpredictable and manipulated)
- BTC current volatility = Alts bleeding
- Market cap decreased a litlle = Alts bleeding
- BTC dominance has broken the 55% resistance = Alts bleeding more
Whole market is waiting for monthly close tomorrow to see what to do next, so I wont trade until things calm down a little. Hopefuly may will be less crazy.
The good thing is that we may buy alts very cheap and sell high when the time comes.
Trade safe
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