If BTC makes next step, 2020 ALT season?
Updated
ALTs have been increasing in pace vs. BTC which seems unusual vs. other rallys? Perhaps they have reached bottom - either way, many have hit the top of the bearish channel e.g. LTC.
We've just had a reasonable correction so not buying into a drop just yet + why would the market want folk to buy at cheaper prices? Fomo might kick-in, BTC has seen an up-tick in Google searches. That being said, my stops are now pretty low - some laddering adjustment needed
Expecting us to sit around the 10k mark as ALTs tear off.
If we drop, it would make sense to drop here.
Best, HF
We've just had a reasonable correction so not buying into a drop just yet + why would the market want folk to buy at cheaper prices? Fomo might kick-in, BTC has seen an up-tick in Google searches. That being said, my stops are now pretty low - some laddering adjustment needed
Expecting us to sit around the 10k mark as ALTs tear off.
If we drop, it would make sense to drop here.
Best, HF
Note
Top is in. stops are being hit
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