xMoney: Expanding Our Altcoins Map (736% Potential Or Higher)Hello my fellow Cryptocurrency trader, the Altcoins vs BTC pairs continue to unravel within a bullish bias. Here we can see xMoney (UTKBTC) producing a higher low short-term.
The main low was hit in August 2024 and the higher low is being established now, October; this is good news.
Also notice the long-term lower low in the form of a "bottom formation."
Notice that a bottom does not happen in a single day but instead it can take weeks or months to form. A bottom is not something that happens in a day but it is a process.
It took a total of five months for the 2020 bottom to form, this is a long-time. Back then, the bottom produced a lower-low and later growth. Notice how a lower low or higher low makes no difference to what happens next, which is growth.
Presently we are seeing a higher low short-term but the market can move lower and this wouldn't change the fact that the next major move is an uptrend, a major bullish wave.
So we are predicting a bottom which implies a change of trend. In 2020 UTKBTC grew by 2,000% in 5 months (147 days). This a long-time to see prices going up. Something similar would be great today and that is exactly what we can expect to see happen in the coming months.
Remember, the Altcoins vs BTC pairs will move first, they will grow fast and strong. The rest of the market will also be moving bullish in early 2025 but they will continue for longer and peak much later because once Bitcoin recovers, the ALTS-BTC will crash as Bitcoin tops.
We continue to expand our map.
This is not financial advice.
You should do your own research as you are responsible for your own actions.
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This information is shared for learning purposes only and should not be construed as financial advice.
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