It's interesting how a bitcoin breakout causes many other cryptos to breakout as well. It's as if investors are saying: "if bitcoin is okay then the other cryptos are okay."
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It's interesting how a bitcoin breakout causes many other cryptos to breakout as well. It's as if investors are saying: "if bitcoin is okay then the other cryptos are okay."
actually this time it happened in reverse. XVG, STEEM and a few lower volume coins made HUGE moves upward before BTC even vibrated. it was as though the confidence in alts instilled confidence in BTC this time.
I think the big fish are getting together and planning these moves. They are probably plotting their buying moves together on each cryptocurrency.