robkarels

Altcoin season vs bitcoin season

Comparing ALTPERP with BTCPERP gives a somewhat similar chart as the BTC.D chart. At daily timeframes, it seems as if altcoins have botomed against their BTC pairing (looking at momentum and strength indicators). I am expecting a small altcoin season as of right now that will last till early (4-9th) November. After that, Bitcoin will surge and make a blow-off top, resulting in a large altcoin outbreak that is suggested by this symmetrical triangle.
NFA

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.