Forecast for the Crypto Market
I wanted to give a quick update on the Long-term TPI for BTC, and how I see the altcoin market doing compared to BTC:
The TPI has had a relatively high value for a long time
I can't foresee the future, but I don't believe that external market factors will allow this to keep going, I do believe we will see a big scare before the next halving of BTC
BTC's strength compared to ETH
As of right now, ETH is bleeding on it's BTC pair. We have been relatively stable since October last year, but BTC has been the safer asset in terms of returns (both downwards and upwards).
How is the altcoin market doing?
I've mentioned in a previous video idea that I believe that alts won't be outperfoming BTC in the near future. The dominance of alts are still on the decline, and the TPI value (-0.71) is indicating that dominance of altcoins will go lower than now!
I've linked my previous ideas on these subjects, as always... Stay safe
The TPI has had a relatively high value for a long time
I can't foresee the future, but I don't believe that external market factors will allow this to keep going, I do believe we will see a big scare before the next halving of BTC
BTC's strength compared to ETH
As of right now, ETH is bleeding on it's BTC pair. We have been relatively stable since October last year, but BTC has been the safer asset in terms of returns (both downwards and upwards).
How is the altcoin market doing?
I've mentioned in a previous video idea that I believe that alts won't be outperfoming BTC in the near future. The dominance of alts are still on the decline, and the TPI value (-0.71) is indicating that dominance of altcoins will go lower than now!
I've linked my previous ideas on these subjects, as always... Stay safe
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Telegram:
t.me/ikkeomarfree
I can also pass funded accounts for you!
$50,000 accounts
Just dm my Telegram @IkkeOmar
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