Altcoins get killed during bitcoin bull run

And if you don’t know what this means….. Bitcoin Crypto 2 mins. Although the latest drop is certainly bearish, Bitcoin Birch — a popular cryptocurrency analyst on Twitter — said in a recent tweet that the latest dip may actually contribute to healthier long-term growth. If BTC volumes grow slowly and steadily, it could usually be followed by altcoins’ growth, but if some new money flows into market and BTC volumes increase significantly, altcoins stay where they are in dollar value or drop. About the author. According to crypto analysts, BTC dominance closed the highest it has since September , and has risen as much as ten points over the last month alone. CryptoHustle May 10,

Given the slump in the prices from the beginning oftraders and investors who entered an year ago or at all time high has pretty slow and disappointing Q1 and Q2 of Investors would like to see their assets regain past glory, traders would like to make some profitable trades in a bull market and make as much money as possible. But for all this to happen, a bull run is needed. When is that going to happen? Is there a way we can detect that a bull run is approaching?

Your One-Stop Crypto Data Dashboard

The bitcoin price bull run was sparked by rumors and expectations the world’s biggest technology companies were wading into bitcoin and cryptocurrencies, including the likes of social media giant Facebook and iPhone-maker Apple. The bitcoin price has climbed higher so far this year, but analysis shows it could be just getting The analysis is based on the so-called bitcoin days destroyed technical metric, referring to how often tokens are moved with higher prices tending to coincide with coins moving more often. Public opinion is key here because that red cluster is caused by the assumption of the crowd and is self-fulfilling. Some analysts think bitcoin technical data could be pointing to a fresh bitcoin breakout. Hauge also pointed to the Bitcoin Fear and Greed Index, which tracks bitcoin sentiment, and has recently hit all time lows.

*MINDBLOWING NEW ALTCOIN BULL RUN THEORY* (Must Watch)

CryptoHustle May 10, Nick Chong 5 hours ago. I accept I decline. Although the latest drop is certainly alycoins, Bitcoin Birch — a popular cryptocurrency analyst on Twitter — said in a recent tweet that the latest dip may actually contribute to healthier long-term growth. Warrant Buffet too supports a altcions counter-sentiment mindset for investing, suggesting that people should be greedy when others are fearful, but fearful when others are greedy. I’m bullish on alts pic.