Topic: Altcoins rallying - page 4. (Read 560 times)
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I think this time will break through a height, the traffic of a lot of trade website return again, this is a very good phenomenon, in order to believe, we want to insist that will be better.
The price of Bitcoin did increase a lot today. We are going to see how high the prices are going to be able to go.
Bitcoin is flying, the bull market is back, and the counterfeit money is going to go up again, and if it doesn't, it's dangerous.
I think this increase occurs because there is movement of bitcoin and we see average alt also experiencing the same thing. Total market cap also raise and nearly reached 300 billion dollars.
It might be because Bitcoin was much or less stable for some time and Total Market Cap found good support at 250bn USD (recently it was bouncing from this support for the 3rd time). But I guess it is good to be ready for some major dips after this rally, as people gonna go back for fiat to get some profits...
Something tells me that these alts are rallying as a trap.
Basically they want to create a fear of missing out while everybody sells their BTC for the alts.
Then the alts start to dump while BTC makes a bottom and goes to $20k
Basically they want to create a fear of missing out while everybody sells their BTC for the alts.
Then the alts start to dump while BTC makes a bottom and goes to $20k
As you say, if a scenario occurs, it means that the altcoins have come to an end. I do not think I see such a hard move. I think bitcoin will rise fast and big, but this rise may not be healthy. Getting the right position will become very difficult
Something tells me that these alts are rallying as a trap.
Basically they want to create a fear of missing out while everybody sells their BTC for the alts.
Then the alts start to dump while BTC makes a bottom and goes to $20k
Basically they want to create a fear of missing out while everybody sells their BTC for the alts.
Then the alts start to dump while BTC makes a bottom and goes to $20k
Looked at altcoins and they've started rallying pretty hard all at once, whats the reason for this? Is it because of Bitcoin going sideways for a decent while or some other reason?
I think at the moment we have to look at the market as a whole rather than individual coins. We bounced back twice quite sharply from whole market lows of about $270 billion. Then over the last couple of weeks we have dipped a bit below that. The latest mini-rally has pushed the whole market back up to $270 billion. As far as I'm concerned, this is a sign that this could be a fairly stable minimum. Essentially, again my own perspective, we have been falling for months and now there are the first signs that we've hit solid ground. Once this is more firmly established, we can anticipate the whole market moving upwards again.
One of the awaited moment is indeed the volume of transactions are increasing because with the increasingly improved marketcap then digital currency can be increasingly calculated as a very important thing.
Looked at altcoins and they've started rallying pretty hard all at once, whats the reason for this? Is it because of Bitcoin going sideways for a decent while or some other reason?
About what "Rally" are you speaking about?I see only EOS was pumped for +35% and that's all. Other cryptocurrencies have a very little price movement (1-10%).
They are following bitcoin's lead. Just check out ETHEREUM. It seems like its almost ready to BURST.
If i were you i'd buy up all the Ethereum i can afford while you can still buy it at around $400. Many speculate it will reach $1200 again.
If i were you i'd buy up all the Ethereum i can afford while you can still buy it at around $400. Many speculate it will reach $1200 again.
It will be difficult to jump to conclusion but what I can say is that people tend to be giving up on Bitcoin for now, the price of BTC has kept the whole market down for weeks and since it seems there are some invisible hands keeping the price down, people will move to new assets and that would be Altcoins
This is just silly to think. Give up on Bitcoin and you give up on the whole crypto market. This is again yet another cycle. We see period from last year even where alts rose as Bitcoin fell, but eventually they all get in line behind Bitcoin and rise and fall together with it. Altcoins still struggle for true quality and true value. Bitcoin already has that and is still building on it.
Looked at altcoins and they've started rallying pretty hard all at once, whats the reason for this? Is it because of Bitcoin going sideways for a decent while or some other reason?
I think at the moment we have to look at the market as a whole rather than individual coins. We bounced back twice quite sharply from whole market lows of about $270 billion. Then over the last couple of weeks we have dipped a bit below that. The latest mini-rally has pushed the whole market back up to $270 billion. As far as I'm concerned, this is a sign that this could be a fairly stable minimum. Essentially, again my own perspective, we have been falling for months and now there are the first signs that we've hit solid ground. Once this is more firmly established, we can anticipate the whole market moving upwards again.
trend reversal ? we do not know about it yet because we can not see any significant movement on Bitcoin.
what i am afraid is,
an altcoin will gets a little pump from this point,afterward the money flows to Bitcoin and another downward movement happens.
not sure we are already bottmed or not,
but from TA perspective,we could go down a little bit deeper from this point.
everything is possible.
what i am afraid is,
an altcoin will gets a little pump from this point,afterward the money flows to Bitcoin and another downward movement happens.
not sure we are already bottmed or not,
but from TA perspective,we could go down a little bit deeper from this point.
everything is possible.
It will be difficult to jump to conclusion but what I can say is that people tend to be giving up on Bitcoin for now, the price of BTC has kept the whole market down for weeks and since it seems there are some invisible hands keeping the price down, people will move to new assets and that would be Altcoins
Looked at altcoins and they've started rallying pretty hard all at once, whats the reason for this? Is it because of Bitcoin going sideways for a decent while or some other reason?
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