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RE: Bitcoin (BTC) Morning Update: ABC Zig Zag (5,3,5)
patience is a virtue, but i sure am ready to see this turn around. i know crypto corrections take time, and maybe i was being overly optimistic, but i was hoping to see BTC a bit higher as we approach the mid-year mark.
To me it looks like BTC is loosing its presitge status. Last year most new people coming into crypto knew only about BTC, this year much more investors are looking into other projects. I think BTC will loose its 1st m. cap place this year. Wouldn't be surprise to see ETH (and/or EOS) push to the top and BTC going to 2 or 3rd place.
no and you should be surprised dude cause thats not gonna happen
To buy alts, most people first buy bitcoin. To trade alts, most people trade against the BTC pair. Until this changes its place as crypto king cannot be challenged.