It's hard to say how long term this top will be, but there are many signs pointing to some sort of correction happening. I've put a couple different scenarios on the chart depending on how serious the outflow of equity is. IF BTCUSD does have a substantial breakdown, this will drive a lot of liquidity into Alt Coins as cryptospeculators are hunting for yield.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.