The Future of Altcoins

12 Tem 2019

Many folks have been proclaiming that alts are dead.
Despite this current wave of sentiment one needs to consider the following:

1. Exchanges have incentive to list altcoins.
2. Users have incentive to buy altcoins
3. Miners have incentive to mine altcoins

Why is there merit to thinking that BTC dominance will rise to 100%? Seems unlikely.
In my opinion the altcoin market will continue to grow at some percentage of the total BTC market. According to this chart
we could see a total altcoin marketcap in the 1-3 Trillion dollar range in just a short amount of time.

17 Tem 2019

Not

Purple Haze

27 Ağu 2019

Not

According to this chart, some alts might be absolute bargains during the next few weeks.

16 Eyl 2019

Not

it was around these relative price levels that the previous fractal reversed.

23 Eyl 2019

Not

Reversal right on cue.

26 Eyl 2019

Not

And flash crash right on cue lol. This fractal is surprisingly accurate.

28 Eki 2019

Not

This fractal approach has held well, alt reversal appears to be on it’s way.

24 Kas 2019

Not

Next candle will let us know if we are invalidated or not. Must admit its not looking to good but this is crypto, anything can happen.

25 Kas 2019

Not

Candle is green. Was this a simple poop n scoop?

19 Oca 2020

Not

Dipped a tiny bit below trend but now looks ready to takeoff

3 Şub 2020

Not

Looking good indeed.

10 Haz 2020

Not

Super interesting fractal playing out

11 Kas 2020

Not

ALTS READY TO FLY!!!???

17 Ara 2020

Not

Such bizzaro market movement...def looks manipulated but who the heck knows. I expect a huge move up in alts in 2021

1 Oca 2021

Not

The slope of this chart is remarkable.

11 Kas 2021

Not

HOLD THE LINE