many listings, ridiculous 100 BTC capitalization and 2/10 daily volumes of cap. XXX is possible
The main fundamental reason for the growth of bitcoin and gold -is a weakening global economy, i think it is obvious thing. Given the low market segment the little brother shows the best ROI since the start of the year, now I suggest take a look at the green rectangles on the charts - these are obvious asset's accumulation phases, so smart money foreseen...
Blue quote - altcoin dominance, ( main chart ) Orange quote - bitcoin dominance. Stochastic relate to the quotation of Altcoin dominance. As you can see - technically these quotes is going to go in opposite directions to each other, which will mark the beginning of ALT-SEASON. You can see a similar analysis technique below, with which I've identified the bottom...
The traded space is highlighted by the rectangle, the price will go down there any sharp euphoria ends in a dump so -the current price and above - only short
we will test the support of the triangle
Something like this I see several scenarios for further movement At the moment we will see head-shoulders or stops removal on shorts globally - long.
reliable coin, which doesn't scared of delist I think some time will be consolidated before a sharp jerk