RE: BTC update 13.01.18

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BTC update 13.01.18

in btc •  7 years ago 

What about channeling sideways for some time? Personally I think that would be the best because the marketshare would sink without hurting the alt-coins very much.

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7 years ago by

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      ·  7 years ago 

    It will not move up a lot unless the transaction time and costs issues are solved. Prolonged channeling is an option, but not my favorite. I think altcoins will not suffer as much this time. Some have proven to be independent from BTC now.

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      ·  7 years ago 

    Thanks for the analysis. Don't know much about EW analysis, but looking at chart, btc has been in consolidation since 12/17/17 and I see upside explosion by end of this month.

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