Bitcoin is in a full bull mode since the resistance at 4550 (Bitfinex) has been broken. It has currently 51% cryptospace domaninace! TD setup favors the current rally. RSI and several other indicators are still not overbought on the daily chart. Several scenarios are possible shown as (blue, dark gray and light gray).
BTW almost all alts are bleeding, LTC and BCH according to my prediction are tanking. I must admin I was too positive towards security focused coins like XMR and ZEC which are rather a long term bet.
It seems that most of us are dumping altcoins for the ongoing BTC rally, which seems to reasonable since in the alternative scenario (BTC crash) alts will crash too.
Everyone knows that the coming fork is a joke (BCH was a failure). The coming forks will not be taken as serious as the BTC/BCH fork was.
BTW almost all alts are bleeding, LTC and BCH according to my prediction are tanking. I must admin I was too positive towards security focused coins like XMR and ZEC which are rather a long term bet.
It seems that most of us are dumping altcoins for the ongoing BTC rally, which seems to reasonable since in the alternative scenario (BTC crash) alts will crash too.
Everyone knows that the coming fork is a joke (BCH was a failure). The coming forks will not be taken as serious as the BTC/BCH fork was.