Why I believe that ALTRUN will be and bitcoin will hit 100 k.
Updated
The main fundamental reason for the growth of bitcoin and gold -is a weakening global economy, i think it is obvious thing.
Given the low market segment the little brother shows the best ROI since the start of the year, now I suggest take a look at the green rectangles on the charts - these are obvious asset's accumulation phases, so smart money foreseen everything in advance and globally we are in a very long distribution phase, at the very beginning of the way.
So I believe that the situation in the world will only worsen every year, and both - retail and institutional investors will start looking for places to diversify and save money, this is the most obvious argument in a favor for EXPENSIVE Bitcoin
So why do I believe in Alt season -
the first reason - technical charts , so you can see them below.
The simplest technical analysis points to the rapid turn of the altcoins' dominance soon , while the domination of bitcoin looks mirrored , so if interest for the little brother will grow , then the General interest for the crypto currency will only grow , of course we will not see in the altcoins an institutional money , we are talking about retail investors who will create a new HYIP, sooner or later in social networks will begin a new HYIP similar to the one we saw in 2017 because the emotions and behavior of people always repeats , people will start looking for easy money , now I increasingly see the headlines of «analysts” who literally is shouting out that the altcoin market is dead and even compare the current situation with the dotcom colapse ,so OPEN YOUR EYES - almost 2,000 crypto assets take away only 6 % of the bitcoin' dominance ( I’m not talking about big tops ) ,the stock's glasses is empty , the volume has fallen almost to zero , but what if you look at the quotes of altcoins/USD , we see the FLAT and a serious accumulation that continious almost half of the year , so the market maker is waiting for him to make a BIG move. I hope my thoughts were interesting , write in the comments your thoughts on this and remember one old trick from 2017 which brought me a lot of dough that year - just HODL your altcoins and wait your XXX !
Given the low market segment the little brother shows the best ROI since the start of the year, now I suggest take a look at the green rectangles on the charts - these are obvious asset's accumulation phases, so smart money foreseen everything in advance and globally we are in a very long distribution phase, at the very beginning of the way.
So I believe that the situation in the world will only worsen every year, and both - retail and institutional investors will start looking for places to diversify and save money, this is the most obvious argument in a favor for EXPENSIVE Bitcoin
So why do I believe in Alt season -
the first reason - technical charts , so you can see them below.
The simplest technical analysis points to the rapid turn of the altcoins' dominance soon , while the domination of bitcoin looks mirrored , so if interest for the little brother will grow , then the General interest for the crypto currency will only grow , of course we will not see in the altcoins an institutional money , we are talking about retail investors who will create a new HYIP, sooner or later in social networks will begin a new HYIP similar to the one we saw in 2017 because the emotions and behavior of people always repeats , people will start looking for easy money , now I increasingly see the headlines of «analysts” who literally is shouting out that the altcoin market is dead and even compare the current situation with the dotcom colapse ,so OPEN YOUR EYES - almost 2,000 crypto assets take away only 6 % of the bitcoin' dominance ( I’m not talking about big tops ) ,the stock's glasses is empty , the volume has fallen almost to zero , but what if you look at the quotes of altcoins/USD , we see the FLAT and a serious accumulation that continious almost half of the year , so the market maker is waiting for him to make a BIG move. I hope my thoughts were interesting , write in the comments your thoughts on this and remember one old trick from 2017 which brought me a lot of dough that year - just HODL your altcoins and wait your XXX !
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