BTC.D gonna skyrocket while the SEC is gonna go after S***coinsBitcoin fails the Howey Test, because it is the only (crypto)currency without an issuer (government, corporation or "foundation"). Therefore, it is considered a commodity by US law.
Every other altcoins passes the Howey Test. That means that other cryptos are actually securities in the eyes of the US law.
But these securities aren't registered to the SEC, so they are actually unregistered securities, which are illegal in the US.
The SEC just started going after those unregistered securities and will probably go against them even harder with time.
This is very bad news for all altcoins.
Moreover, using the Wyckoff Method on the Daily chart to conduct our price analysis, we can see that it looks like we have an accumulation going on BTC.D.
Btcvsalts
This correction is rather more positive Why ?
Fundamentally strong coins are holding the position, which is rare but excellent sign.
Previously, every altcoins used to follow BTC but this time we are witnessing the resistance.
BTC dominance is inversely proportional to Alt coins.
Does it mean, people are understanding the value of cryptocurrency? No, but it has slightly improve.
unless regulation clears out all the debris and shit coins from the market, this tech will not flourish to its potential
As of now majority of people looking at crypto as lucrative instrument.
* Invest in platforms at right price, currencies are least likely to thrive
Altcoin market uptrend The TOTAL2 chart wich is the chart of all altcoins excluding BTC.
TOTAL2 is still in an uptrend and at the moment it´s stuck between the 21 and the 50 EMA trendlines.
The 79 B level turned into support and we might see a nice bounce from there in the next days and weeks.
have a nice weekend
*no financial advise
BTC VS SOME ALTCOINSReally, if I succeed, it is because I am really understanding. he ,,,like i said in my last btc post, playing with the 10,000 is basic to manipulate, make the price fall, make it the price go up,,, I love the manipulation,
If you see, in some altcoins is making believe that they are going down, and moreover, the weak ones may fall, but those with high capitalization, those will continue to rise as they do now, but they will not leave it easy, right now they want to see that again it goes up btc, just by lowering it to less than 10,000 with that it was enough so that when they are raised again above that figure, everything starts to buy like crazy, right now they are selling btc those rich,
Don't fall into the trap, btc down, alt up, for another month or maybe two. good luck,
De verdad que si acierto esta, es por que en realidad estoy entendiendo. je. y es que ve como habia dicho en un post anterior, jugar con los 10 000 es base par manipular, hacer que se cae el precio, hacer como que los pasa, en fin, me encanta la manipulacion,
Si ves, en algunas altcoins esta haciendo creer que se van para abajo, y es mas, las debiles quiza caigan, pero las de alta capitalizacion, esas seguiran subiendo como lo hacen ahora, pero no la dejaran facil, ahorita quieren hacer ver que de nuevo se va para arriba btc, solo con bajarlo a menos de 10000 con eso fue suficiente para que cuando los suban de nuevo arriba de esa cifra, todo empiezen a comprar como locos, ahorita como se estan avorazando vendiendo esos ricos,
No caigas en la trampa, btc abajo, alt arriba, por un mes mas o dos quiza. suerte,