About the upcoming November month ...
A few days later a new month begins.
Looking at BTC's current bid, it couldn't hold up at 9837.
USDT's dominance is near its 1.70 level after breaking the high.
The ETH fell below 226.56, while the XRP is near 0.25355, the most fundamental of all.
If you look at the BTC's monthly chart, your current position looks similar to the month of April 2018. Therefore, it is expected to fall in November.
The USDT's dominance chart looks similar to February 2019.
Therefore, USDT's dominance is likely to fall.
ETH is nearing an important bifurcation, and there are only a few intersections between the downtrend and uptrend lines, and I believe that XRP has fallen to its base price point where it can no longer fall.
In this situation, a new November was reached.
In November, as USDT's dominance suggests, too much money is coming into USDT, which I don't think is waiting to exit the coin market.
I think that more people are waiting to invest.
If so, I think it's true that the price of BTC will rise, not fall, as mentioned earlier.
There is a lot of news that institutional investors have begun investing in many places. So, I know that there are many views that the price of BTC will drop from 6000 to 7000 and rise.
If we assume that the BTC falls, we think it is up to the 20MA (6558) point, and it is generally thought that it will fall to around 8197.50 with those who are new to investing in the coin market.
If USDT's dominance rises above 2.0, the coin market feels that the investment climate is frozen and individual investors will leave.
When expectations are rising slowly, if too many prices fall, I think it will be a risk for the whole coin market.
If we expect to rise above the BTC's median price of 9837, we expect it to rise to $ 17,000 from its current position.
If the money goes well, we will see a further rise with Altcoin.
Among the altcoins, ETH and XRP are the ones with the highest market cap.
If ETH is expected to rise after touching the upward trend line and gathering strength, XRP is also expected to rise as it breaks down the downward trend line.
However, the rise in the current coin market is not likely to be much, since most of the funds are concentrated in BTC.
If the transfer of funds does not appear to be able to move to Altcoin for a while, the higher rise of BTC will be difficult.
Looking at BTC's current bid, it couldn't hold up at 9837.
USDT's dominance is near its 1.70 level after breaking the high.
The ETH fell below 226.56, while the XRP is near 0.25355, the most fundamental of all.
If you look at the BTC's monthly chart, your current position looks similar to the month of April 2018. Therefore, it is expected to fall in November.
The USDT's dominance chart looks similar to February 2019.
Therefore, USDT's dominance is likely to fall.
ETH is nearing an important bifurcation, and there are only a few intersections between the downtrend and uptrend lines, and I believe that XRP has fallen to its base price point where it can no longer fall.
In this situation, a new November was reached.
In November, as USDT's dominance suggests, too much money is coming into USDT, which I don't think is waiting to exit the coin market.
I think that more people are waiting to invest.
If so, I think it's true that the price of BTC will rise, not fall, as mentioned earlier.
There is a lot of news that institutional investors have begun investing in many places. So, I know that there are many views that the price of BTC will drop from 6000 to 7000 and rise.
If we assume that the BTC falls, we think it is up to the 20MA (6558) point, and it is generally thought that it will fall to around 8197.50 with those who are new to investing in the coin market.
If USDT's dominance rises above 2.0, the coin market feels that the investment climate is frozen and individual investors will leave.
When expectations are rising slowly, if too many prices fall, I think it will be a risk for the whole coin market.
If we expect to rise above the BTC's median price of 9837, we expect it to rise to $ 17,000 from its current position.
If the money goes well, we will see a further rise with Altcoin.
Among the altcoins, ETH and XRP are the ones with the highest market cap.
If ETH is expected to rise after touching the upward trend line and gathering strength, XRP is also expected to rise as it breaks down the downward trend line.
However, the rise in the current coin market is not likely to be much, since most of the funds are concentrated in BTC.
If the transfer of funds does not appear to be able to move to Altcoin for a while, the higher rise of BTC will be difficult.
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