Hey guys,
So following up from yesterday, the overall crypto market continues to rise. But as can be seen below BTC's rise is still lacking a little, its in single digit whilst ETH is in double digits. Whats also interesting is that against BTC ETH is also growing strong, Litecoin is rising against USD and BTC but not as much as ETH. For IOTA and NEO against BTC and ETH it appears to be falling too!
Now some analysts have said that theres altcoin and Bitcoin seasons...meaning that when its altcoin season then it'll rise faster than BTC and then once that ends BTC will rise. I've only been in cryptos since Nov 2017 so I have yet to see this myself. But if this is the case then I'd say altcoin season have started since mid April and from the information I've gathered online it tends to lasts between 3-6 months. Lets see if that'll happen!
Thanks for reading, hope you've enjoyed it. Please like and leave a comment so that I can improve on my posts. Once again this IS NOT trading advice.
Let it rise!!! ;-)
I hope the bear market has truly ended a new bull market will bring new ATHs!
I hope so too!