BITCOIN Long Term Bearish Crab
Bitcoin has formed a strange formation, a bearish crab. This may lead to the rise of other alt coins in future. As bitcoin loses market share to major alt coins, post halving. I expect a pump following halving however I don't believe we will see anything like the parabolic rally to 20k in 2017. This links back to my first post on this site, 'I believe Ethereum will gain significant cryptocurrency market cap during 2018, as the current marketable applications of Ether outweigh that of Bitcoin on the blockchain network' Obviously it didn't happen in 2018 but the time may be near. Caution for all of those buying bitcoin as many major alt coins including many ERC-20 tokens are much better alternatives to un bank the banked. Apologies if the crab isn't perfect, was difficult working around this timeframe and I have never really worked with crabs.
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