The Cycle of Bitcoin and then AltcoinssteemCreated with Sketch.

in bitcoin •  7 years ago 

I've written about how in the past, a particular cycle seems to repeat. It starts with Bitconi surging and Altcoins in concert being sold and going lower. This would continue such that Bitcoin would seem to be the only green amongst a sea of red in altcoins. Then Bitcon would pause and retreat and at this point, certain individual Altcoins would start popping! Such as XMR, NEO, Monaco....and like pop corns popping, more and more altcoins would pop up in price.

We are seeing the latter part of this cycle where more and more Altcoins are popping! Enjoy the popcorn!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

yes, ofcourse it will happen......interestig things..Good post.

how do you predict which alt coins will pop though?

  ·  7 years ago (edited)

I use EW and Chart Pattern. Did wel so far in picking the pops. Review my blogs. Latest was XMR. Now, ETC, EOS, BCCH

I have been following your blogs for a week or so now and been trying to engage the triangle breakout method myself. Keen to keep learning more about technical analysis :)

Glad youre making some profits my friend!

Haejin how are you?
I need your help if you can TA on BAT, PTOY much appreciated
I know your travelling

I am trying to enjoy the dips on the alts on the ones I want to hold for the long term. If they pop then that's just a bonus.