AlanSantana

Altcoins vs Bitcoin Sideways (Cryptocurrency Market Update)

AlanSantana Updated   
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Altcoins market update

The altcoins market is now on a very strong bull run, with additional bullish action expected for several more weeks at the least; this is very good news for us.

By looking at hundreds of charts, all day long, what I've been seeing is that we reached the bottom for most altcoins. The bottom for the majority of the coins was hit on the 14th August or the 12th September 2018, in general, at around the support level before the 2017 bull run. So basically the alts erased 100% of their gains before moving again... and they are surely moving now.

Bitcoin’ update

Contrary to what many are expecting, a huge jump and KaBoom, I believe we will have slow steady growth for Bitcoin, BITCOIN’ TO THE MOON but slow, just like we've been seeing for a while now (just as we did slowly down for months, something similar but slowly up).

One thing that you can be 100% certain is that Bitcoin isn't going to crash, go away or disappear; cryptocurrency is here to stay.

Yes, there can be a drop/flash crash.
Yes, it can be a very strong drop but it wouldn't last long and it wouldn't go that far. Bitcoin’ already lost almost 70%+ of its value from all time high, the altcoins removed 100%+, there is no more need for correction, the bears are out of funds.

Altcoins vs Bitcoin’ - Cryptocurrency Market

The cryptocurrency market will turn to big green again.

We are going up.
We are growing.
And we are going to keep on growing short, mid and long term.

The altcoins increasing in price by 200%, 300%, 400% and more in a matter of weeks, should be an important signal now as to why the market will keep on growing and why Bitcoin’ will reverse up once the uncertainty is gone.

Bitcoin’ Adoption

Bitcoin’ awareness is increasing very fast, specially when it comes to the average people. Online retailers are adopting Bitcoin’ (and crypto) left to right as well, and I am telling you this from personal experience.

In the past few years, I've gone from seeing just a few websites accept Bitcoin’ to being able to pay with Bitcoin almost everywhere, and where you can't do it directly there is always an indirect way. Even small websites and online stores are adopting Bitcoin’ more and more.

So get in on the future and change.

A new form of money now exist for us to create our own way.

Namaste.
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Comment:
Bitcoin remains sideways.

Altcoins remains boom.
Comment:
Take a quick look at what some of the altcoins are doing on Bittrex (Binance altcoins have been moving for quite a while now and generating hundreds of percentages of gains every single week):
Comment:
Bitcoin (BTCUSD) Trading Update

Comment:
News that can effect Bitcoin and the Altcoins (Cryptocurrency market)

Tether (USDT)

"Tether has just destroyed 500M USDt from the Tether treasury wallet with the following tx: www.omniexplorer.inf...6d9c96b66aa939683859

"For more information see the announcement here: tether.to/upcoming-u...n-october-24th-2018/ "

Source: twitter.com/Tether_t.../1055139613000507392
Comment:
Follow up Altcoins Market Update post:

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