What about channeling sideways for some time? Personally I think that would be the best because the marketshare would sink without hurting the alt-coins very much.
What about channeling sideways for some time? Personally I think that would be the best because the marketshare would sink without hurting the alt-coins very much.
It will not move up a lot unless the transaction time and costs issues are solved. Prolonged channeling is an option, but not my favorite. I think altcoins will not suffer as much this time. Some have proven to be independent from BTC now.
Thanks for the analysis. Don't know much about EW analysis, but looking at chart, btc has been in consolidation since 12/17/17 and I see upside explosion by end of this month.