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Altcoinsvsbtc

The great rotation into AltsThe market has been wildly optimistic recently. Bitcoin is posting new all-time highs almost every day, with minimal price drops. If you hold cryptocurrencies, the chances are that your wallet is much more wealthy today than a couple of months ago, no matter what you own. The whole market has been on a tear, mainly thanks to the Bitcoin's parabolic price growth, which offered a tailwind for most of the Altcoins. Ironically, while diversification is a widely praised approach, a portfolio fully invested in Bitcoin was the most profitable option lately. In early November, we suggested that the breakout of Bitcoin was behind the corner, just looking at the underperformance of Altcoins in BTC prices. Since then, Bitcoin more than doubled in price, and the rest market has trailed behind it by an average of 30-40%. Today we are in the opposite situation where Altcoins just fell at the cheapest valuation compared to Bitcoin since the bottom of the Bear Market. A rebound from here would have around 90% of upside potential. And that would only represent a mini-Altseason like those we had in the past two years. Nothing to compare to 2018! If you wonder whether or not to jump on the Crypto train, consider a ticket in Altcoins' class. The trip may be more fun.
CRYPTOCAP:TOTAL2
by Coinrule
2
Buying NEO down here !!!NEO looks like a solid project to me and it is not going away. Actually it has lost about 96 - 97 % against Bitcoin from ATH to its recent low some days ago. NEO has been one of the TOP performing ALT coins during the 2017 - 2018 bull run (going from 8 cents to 160 USD) - that's a 2000x !!! Looking for cheap ALTs for the upcoming Altseason (whenever it will come) NEO looks like a very solid buy at 0.000587 btc ! There are some positive divergences and Neo looks really bombed out agains BTC. I am a buyer at these levels.
Long
by Dangermousebanana
2
#IRIS Bottom Hit, Bounced+Bullish Divergence. 130% Possible!Welcome to this Quick Altcoin Setup. IRIS hit the bottom around 270 sats and bounced. I have seen some strong buying activity in the last few days showing the signs of accumulation. If the next few candle closes above 21D MA it is highly likely that we can see a rally towards 360 level first and then all the way to 400 sats. ENTRY : 285 TO 295 Targets : 365 395 446 486 544 577 679 Stop Loss : 268 Reason I am entering this trade is the SL is very low. Means there is a high reward for a very less risk. If you find it interesting enough you can dig in. Other trade setups are doing well that I recently posted and are above 10 to 15%+ already. Hoping this one to pop up soon. Do hit the like button if you like my updates and share your views in the comment section. STAY SAFE #PEACE
ILong
by Cryptorphic
3