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AlanSantana
Dec 1, 2021 6:51 AM

As The Next BTC Drop Approaches, The Altcoins Are Set To Boom! 

BITSTAMP:BTCUSD240
Bitcoin / U.S. dollarBitstamp

Description

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We are now seeing an inverse correlation between Bitcoin on our Altcoins vs Bitcoin trades/pairs.

We had just a few short days of the Altcoins calming down but they are starting to heat up.

As the next Bitcoin drop approaches, the Altcoins are getting ready to grow.

We will see many, many pairs jumping really strong as this week develops.

We will see increases in 2 digits and 3 digits, with dozens of pairs moving every day.

Mainly Altcoins vs Bitcoin but also Altcoins vs Stable (USDT) will go GREEN as well.

Note: Bitcoin above $44,000 we still consider very, very strong.

As long as we have a strong Bitcoin, the entire cryptocurrency market is set to grow.

Namaste.

Comment

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The Bitcoin correction might be over.
Get ready!
Trend AnalysisTechnical IndicatorsBeyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDaltcoinscryptoCryptocurrency
Comments
RareLeevi
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Honestly I can’t see bitcoin dropping that low
Rjayzone
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@clemonstony, me either. I think it’s another head fake. I’m ready for more sideways movement. Patent w consolidation. The alt coins are going up because theyre like a candy store for children. But they offer No Scarcity. scarcity is the at the heart of value. People have lost sight of how important that is. Sure they’re so low priced they can make multiple gains but they’re only good for trading and close to being a Vegas casino
eaglestrength
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Watch what the stock market does because of the omnivarient. We will crash down
Mihai_Iacob
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loving it
djoffrey
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I take a short position at the bottom of the resistance zone.
Fartman
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BTC has gone UP by $2,000.00 since this post.
AlanSantana
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@Fartman, Maybe the really is already starting?
rikimaru_it
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1) Often the ethereum movement anticipates bitcoin movement. Do you think this time is a good indicator? Next week?
2) Just curiosity. From your experience, is it the news that changes the charts, or the charts can anticipates the news (I mean public news, and not the event)? Many people think that the news changes the market, but looking closely, some news is already in the chart.
Thanks as always. I love your TA.
peterbhc
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I have been waiting patiently for ALTSEASON and it is almost here
Alisherbey
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PHBBTC?
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