I take Ethereum as an example, but both in terms of fundamental analysis and technical analysis, it is for me 99% of altcoins that are at the end of life, if not already dead and buried since my announcements of June.
I do not say 100%, because in my opinion there remains a hope, and even an interesting bullish potential, for the few crypto that share the same properties of Store of Value (SoV) as Bitcoin: Decred ( DCR) especially, Monero (XMR) and Litecoin (LTC), essentially. Provided they can one day benefit from a larger network effect, Bitcoin's strong point at the moment.
Regarding Ethereum, which is a barometer of altcoins (for many ERC20 including), my graph on the left shows that the historical support no longer exists vis-à-vis the ETH-BTC, confirming my analysis of June 26, 2019.
And my graph on the right shows in a logarithmic scale (the most suitable for such a time scale) that the bullish trendline has given way like the similar one at the end of July 2018, to a price that has never been seen since ($ 470).
In short, my "ALL IN BTC", my "Bitcoin-Maximalism" (or "SoV-Maximalism" when I will surely include DECRED and MONERO term), since my announcement of a new bull cycle in December 2018, only strengthen with the results of the last months, which you can consult below:
I do not say 100%, because in my opinion there remains a hope, and even an interesting bullish potential, for the few crypto that share the same properties of Store of Value (SoV) as Bitcoin: Decred ( DCR) especially, Monero (XMR) and Litecoin (LTC), essentially. Provided they can one day benefit from a larger network effect, Bitcoin's strong point at the moment.
Regarding Ethereum, which is a barometer of altcoins (for many ERC20 including), my graph on the left shows that the historical support no longer exists vis-à-vis the ETH-BTC, confirming my analysis of June 26, 2019.
And my graph on the right shows in a logarithmic scale (the most suitable for such a time scale) that the bullish trendline has given way like the similar one at the end of July 2018, to a price that has never been seen since ($ 470).
In short, my "ALL IN BTC", my "Bitcoin-Maximalism" (or "SoV-Maximalism" when I will surely include DECRED and MONERO term), since my announcement of a new bull cycle in December 2018, only strengthen with the results of the last months, which you can consult below:
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.
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.