For the moment all crypto markets depends on Bitcoin. Until we see a decisive rise in BTC the entire market will remain similar.
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For the moment all crypto markets depends on Bitcoin. Until we see a decisive rise in BTC the entire market will remain similar.
I'm not agree with you. Look by example the Steem, we had great moves the previous weeks while BTC was not moving at all and even droping. For sure any moves on the BTC is impacting all altcoins as we have pairs altcoin/BTC but each altcoin has his own little life also.
yep, it's almost pointless to try and do allot of TA on other coins, because when I go through my watch list on TradingView, I can't tell which one I am looking at, they are all the same, lol. Granted a couple are different, but you can pretty much tell what they are all going to do by watching BTC. Also check out the TOTAL chart on TradingView, I have heard that is the chart that the institutions are really watching. It's an overall chart of all cryptos, and it is identical to BTC, lol.