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RE: Bitcoin (BTC) Morning Update: My Two Indicators for Bitcoin Top Spotting...Watch this Video Analysis!

in #bitcoin7 years ago

Will alts recover from the blow tonight or will they keep going down on BTC's rise. Was wondering as CVC for example went down more than 20% tonight.

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Yes, I don't see the reason to invest in Altcoins , increase in US dollar but not in BTC ....?

Altcoins are more profitable if you know which ones to invest in. Bts. Eos. Steem.

There is an inverse relationship between ALT's:USD vrs ALT's:BTC when Bitcoin is rising (ALT's:BTC fall and ALT's:USD rise ) or falling (ALT's:BTC rise and ALT's:USD fall).

I've noticed that some alts like IOTA, EMC2 have followed bitcoin. Others like POWR, ADA declining against bitcoin but the price in USD is holding steady since bitcoin is increasing in value :O