Let Alt-Season Begin!

After a long glut for Alt-coins, the future is looking bright.

The common trend shows that alt-coins begin to pump after bitcoin recedes from a significant gain in market-cap that the alt coins have not experienced.

It is observed as a delay against Bitcoin and Ethereum.

A strong characteristic of Alt-season is that the larger crypto-currencies do not decline against the dollar, but alt-coins achieve a higher gain against the dollar.

So what we are looking for is a strong gain for bitcoin, that causes alt-coins to breach a critical threshold and begin to surge.

The reason this post has been made is that alt-coins are consistently rising, even when bitcoin trends lower.
If bitcoin does have a large gain, alt-coins will begin to pop.

The Crypto-adjusted Moving Average on Bitcoin shows weakness against the crypto-index. Meaning bitcoin is likely to become even weaker against alt-coin and momentarily weak.

Enjoy shifting your portfolios!

Yorum:

For a deeper discussion, please do not look past this post.