Take a look at Doge coin chart. When would it be good for investing altcoins?

in H4LAB Research11 months ago (edited)

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Doge coin chart shows that before Bitcoin(BTC) halving, it seems forming descending triangle, and acuumulation. After halving, Doge coin had increased for more than 1 year.

When it comes to quant(quantitative) investment, it would be better to invest altcoins after BTC halving. Well, someone may say surging Doge coin price was caused by Elon Musk. I partially agree with this opinion. But, the previous altcoin bull market was triggered by BTC bull market.

4 years ago, I had a tough time due to the bearish altcoin market. It was not fluctuating, and boring. I analyzed the past chart for 2013 ~ 2017, and recognized there was a pattern like that. Someone said that altcoins are done. What they said is what I heard that 4 years ago. The quant investment is not negligible.

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