The most resilient coin to the pump and dump, probably because it is actually being used.
Signs of reversal are beginning to show. I'm long vs BTC.
Altcoin markets will begin to form their sucker's rallies and bull traps.
The ones that have proven their worth to the trading algorithms should rally to 50-70% of their respective ATHs over the next 6-12 months.
The ones that have not proven their worth will dead cat bounce, to trap some bulls, then descend into oblivion.
I doubt we'll see more than 10-20 coins that currently exist survive, so be very careful with what you pick.
BTC dominance has topped, so the coins that ARE going to survive will also get a boost from BTC flowing into them from the dead coins.
We should see near ATHs relative to BTC again.
Big MAYBE...
XRP to 0.00020000 BTC
XMR to 0.025 BTC
ETH to 0.1 BTC
LTC to 0.02 BTC
DOGE to 0.00000150 BTC
BCH to 0.2 BTC
ETC to 0.005 BTC
KMD to 0.00060000 BTC
MCO to 0.002 BTC
And yes, I know most of these predictions will be wrong, so enjoy yourselves, trolls. : )
Signs of reversal are beginning to show. I'm long vs BTC.
Altcoin markets will begin to form their sucker's rallies and bull traps.
The ones that have proven their worth to the trading algorithms should rally to 50-70% of their respective ATHs over the next 6-12 months.
The ones that have not proven their worth will dead cat bounce, to trap some bulls, then descend into oblivion.
I doubt we'll see more than 10-20 coins that currently exist survive, so be very careful with what you pick.
BTC dominance has topped, so the coins that ARE going to survive will also get a boost from BTC flowing into them from the dead coins.
We should see near ATHs relative to BTC again.
Big MAYBE...
XRP to 0.00020000 BTC
XMR to 0.025 BTC
ETH to 0.1 BTC
LTC to 0.02 BTC
DOGE to 0.00000150 BTC
BCH to 0.2 BTC
ETC to 0.005 BTC
KMD to 0.00060000 BTC
MCO to 0.002 BTC
And yes, I know most of these predictions will be wrong, so enjoy yourselves, trolls. : )