I see a good opportunity to enter any altcoin, especially Ethereum
From Mar 25 tons of new liquidity have entered the market through Bitcoin. Not surprising as Bitcoin is the most liquid crypto so far.
Dominance index is on the top despite the continuous evolution of all altcoins which must press BTC along with speculation between coins (mostly BTC vs. alts)
Seems like bearish power is over during last descending run. More agressive buys at the bottom indicates the strong support at the levels around 10k. Accending triangle is appeared at the bottom, thus I see the accending breakthrough as the more likely to the 12k range. The descending break move will open gate to more sustainable levels at 9k.
I love logarithmic scales! From this perspective we can see how stable Bitcoin is in its growth.
Here we can see MtGox pump impact, and how price "landed" on exponential trend line
So here we can see that last hype outranged price a bit, but it returns back to mommy!
Thinking about fundamental basics of different cryptocurrencies, I found that Dash is the only crypto which includes development self-funding and decentralized governance features, which is so missing in Bitcoin, Ethereum and others. The matter is internal motivation of the DASH decentralized autonomous organization (DAO). This feature holds DASH ecosystem solid...
Based on my previous idea I tried to understand John McAfee's prediction on bitcoin ($500,000 in 3 years) and how it correlates to my prediction. Here we can see that exponential growth must be higher than my prediction to reach that goal. It is possible that after Bitcoin's scalability problem will be solved its growth will accelerate.
