Bitcoin Sideways, Is It Over? The Next Move Will Be...

10 cze 2020

Great Wednesday my fellow human and cryptocurrency trader, how are you feeling today?

The content below was published 19-May... What's your take?
Please use the comments section below after reading it...

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We've been looking at many of the Altcoins vs Bitcoin (ALTSBTC) pairs and many are set up to explode, meaning, they are about to jump in price.

Here is a scenario that hasn't been considered often lately and that is Bitcoin Sideways.

When Bitcoin goes up, Altcoins drop.
When Bitcoin goes down, Altcoins drop.

Remember the bear market?

The best time for the altcoins market happens when Bitcoin is going sideways...

When Bitcoin goes sideways the Altcoins tend to grow.

Here we have an inverse signal, the Altcoins are getting ready to explode, so we can consider Bitcoin sideways for the rest of the month... or not?

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Previous chart from 19-May

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The Bitcoin sideways might be coming to an end... The trading volume is going really low... The next move can be really strong.

Namaste.