The Bull run will be driven more by the altcoins... by toofasteddie

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· @toofasteddie ·
$6.19
The Bull run will be driven more by the altcoins...
<center>https://mentormarket.io/wp-content/uploads/2019/03/d-4.png</center> <br/><p>...than by BITCOIN side...</p>
<p>People may think that is an
 obvious aspect since nowadays everybody is aware how major altcoins as 
LITECOIN or BINANCE have been performed lately...</p>
<p>But I 
remember that I envisage this behavior some weeks ago already and seems 
that they are accomplishing the prevision to the perfection...</p>
<p>However, why am I saying that ALTCOINS will lead the Crypto Bull more than BITCOIN?</p>
<p>What  it happened in the past was essentially the contrary. BITCOIN lead the  grow and after consolidating its growth acceleration there was a huge  transfer from BTC to the ALTCOINS. </p>
<img src="https://mentormarket.io/wp-content/uploads/2019/03/d-4-1024x461.png" alt="" class="wp-image-11437" />
<p><br></p>
<p>But this time seems to be
 different, altcoins seems to grew while BITCOIN is at a steady 
situation, so, mainly the money entering in the crypto market is going 
purely to altcoins, being LITECOIN one of the destination of that money 
flow.</p>
<p>The candle chart of the total  crypto market shows an apparent uptrend condition, worth to say that a  pattern reaffirming that condition is appearing as well:</p>
<img src="https://mentormarket.io/wp-content/uploads/2019/03/a-9-1024x474.png" alt="" class="wp-image-11438" width="1024" height="474" />
<p>The expected target of that Inverted Head and
 Shoulder pattern projects a Total Market growth to the 180 Billions if 
it is triggered (breaking the neckline), that would be 29% more than the
 current Total Market value.</p>
<p>Altocoins chart show a similar pattern but with a more pronounced uptrend:</p>
<p></p>
<img src="https://mentormarket.io/wp-content/uploads/2019/03/b-6-1024x470.png" alt="" class="wp-image-11439" width="1024" height="470" />
<p>The projection of the 
same pattern launches an increase of 36% in total market for the 
altcoins excluding BITCOIN and also, the trend for the 50/200 DMA shows a
 cross 2 weeks earlier.</p>
<p>In any case, seems we are very close to a reversal condition...</p>
<p>April and May are going to be very interesting months.</p>
<p>Enjoy!</p>
<p>@toofasteddie</p>
<p><strong><em>*Disclaimer:
 This is just my personal point of view, please, do your own assessment 
and act consequently. Neither this post nor myself is responsible of any
 of your profit/losses obtained as a result of this information.</em></strong></p>
 <hr />
<center><em>Published by <a href="https://mentormarket.io/profile/?toofasteddie/">toofasteddie</a>
</em></p>
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πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 28 others
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vote details (92)
@acesontop ·
There are plenty of self sustained projects and not too many ICOs nowadays thus we can say that the altcoin market has become more mature and it is not that much speculation only as before. Bitcoin will still be number one for many years in my opinion, but it will be the rich people's crypto as well. For the majority, alts will be the main investment target thus being more careful in what they pour they money. I've been burned with NXT in December 2017 and I am not investing not 1 cents in such cryptos. I don't see the point of comparing anymore the current cycle with previous ones. Things are changing very fast in this environment and fundamentals as well. If we will have a bull run this year I believe that the BTC dominance will fell to as low as 20%.
πŸ‘  
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vote details (1)
@obest ·
Most altcoin growth is independent on the big pin market growth who h is good for the crypto space and I beleive litecoin will be very bullish this year  of its viability and potentials
πŸ‘  ,
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vote details (2)
@beiker ·
$0.02
sounds natural and logic, i'm playing both fields, but mainly btc
πŸ‘  
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@partiko ·
Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
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@steem-ua ·
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