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RE: BTC update

in #cryptocurrency5 years ago

P.S.
Thought I would add this additional point.
Seems that this risk on market sentiment shift is not translating into risk on for many Alt's
I have this 7d winners sorted list from coin Paprika which shows this well


Note:

  • All winners above BTC in the last 7 days are quite minor coins.
  • Nano and Ether, which are the next nearest larger coins in the list are showing 7d gains only about 2/3's of bitcoin's
  • Most high market cap alts are have only had sub 20% gains in 7d while BTC is nudging 30%
  • Is this the decoupling that we have maybe heard about. A new dynamic in the BTC vs ALT relationship?
Sort:  

Hey mate. Nice post. It's scary how this pump is going and going... I know it's not safe and I hate to go short to btc, but is kinda tempting now.. Just to get more BTC

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TA is screaming for a pullback.
BTFD strategy is locked and loaded

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