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RE: Bitcoin (BTC) Evening Update: One more Lower Low for Wave V of C....What does this mean? Check out my analysis!

in #bitcoin6 years ago

Alts are doing quite well on the BTC ratio, compared to BTC/USD. I believe it's still alt-bull season and we'll start seeing some real gains once BTC has bottomed out. Right now, since most alts are traded only via the BTC pair it's cumbersome to move in/out for those concerned about the bottom-line fiat value.

I have a feeling we're gonna see some real fireworks on the way up to 20k-25k BTCUSD. That'll be anywhere from 100% to 150% on BTC, but alts are gonna be even more explosive as they climb on the Alt/BTC ratio as well.

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Yeah. I’m looking forward to the alt coin rebound. Looking to make some good profits. A lot of those are my hold coins