ALTS Season ?
Alts market cap has been increasing, thanks to a vigorous Bitcoin rally.
Alts are suffering whether BTC is moving up or down, so, generally speaking, it is a no-brainer to get out of alts positions at every pump provided.
The market cap bounced back from a general uptrend, and it looks like it will move to the upper borderline, if it is able to hold the down border.
To move up, Bitcoin must be back in town at a price of 11700-12200, which is very possible for a short term.
To move up without BTC, alts season must start, which there is no a sign of.
Alts are suffering whether BTC is moving up or down, so, generally speaking, it is a no-brainer to get out of alts positions at every pump provided.
The market cap bounced back from a general uptrend, and it looks like it will move to the upper borderline, if it is able to hold the down border.
To move up, Bitcoin must be back in town at a price of 11700-12200, which is very possible for a short term.
To move up without BTC, alts season must start, which there is no a sign of.
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