Do you think the market will trade sideways until the Asian buyers come back after the Chinese New Year holiday concludes? Upvoted and resteemed.
You are viewing a single comment's thread from:
Do you think the market will trade sideways until the Asian buyers come back after the Chinese New Year holiday concludes? Upvoted and resteemed.
This seems to be the favoured narrative, but IMO we will move before then. If everyone is saying this then people will position accordingly beforehand. Worth noting that China is essentially offline permanently now due to the firewall, but no doubt residents are still trading through connections in the ex-pat community who also observe this holiday period.
Source
Looks like litecoin is trying to make a move, does it get slammed down or keep moving, good amount of volume is there?
I'm bullish LTC, very bullish. Whole crypto market essentially just tracks BTC for the baseline, then you have coins that are out-performing and under-performing - LTC a solid out-performer and set to soar once BTC finds its feet.
I like the way you think!
It all depends on whether the Eurotether printer wakes up or not.