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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 #bitcoin7 years ago

To be honest, most of them went down by a little over 10%. The ones that wen't down was Blocktix, OMG, siacoin and ark. And Lumen wen't down by 2,8.
But i really don't consider this that bad, considering that it's crypto which is known to be very volatile.
Furthermore, My porfolio was mostly kept up by verge, which is up right now :) Of course it can all go down again by much more, but all things considered, it's not too bad

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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.

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

Yeah. I’m not too worried about it. The rebound will be good. And I’ve been looking to get into verge. I might do that next time the price dips

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