Bitcoin has taken off for the moon 🌙 once again, but most alt coins like Steem have barely moved. I’m expecting the alt coins to play catch up really soon!
In normal action, a little btc pump can mean a rise in the value of alt coins based on sentiment and limit orders to buy alts triggered by the ratio to btc. This run has been something else though as people cancel their limits and get aboard the fomo train.
It looks thecshape of the December 2017 parabolic peak and will probably correct just as hard. So, I expect an alt coin pump when things waver at the top.
Keep an eye on ETC to start the charge (if history repeats) and ETH to make a big run back up.
I'm sure ready for this
Posted using Partiko Android
Yep, it will do the same thing as last time. BTC will go stable while altcoins catch up.
Oh man I am READY for an alt coin rally.
In normal action, a little btc pump can mean a rise in the value of alt coins based on sentiment and limit orders to buy alts triggered by the ratio to btc. This run has been something else though as people cancel their limits and get aboard the fomo train.
It looks thecshape of the December 2017 parabolic peak and will probably correct just as hard. So, I expect an alt coin pump when things waver at the top.
Keep an eye on ETC to start the charge (if history repeats) and ETH to make a big run back up.
Posted using Partiko iOS
Most altcoins are moving but not steem.