Has the game fundamentally changed?
trading·@frankyboy34·
0.000 HBDHas the game fundamentally changed?
Greetings great #Steemian people of the world! I've been in the markets, analyzing and I've witness a few major pull backs with BTC - December 2016 June 2016--- "longest bearish stretch" January 2017 March 2017 May and June 2017 August and September 2017 November 2017 December 2017 up to now The patterns I saw similar each time, 1. An accumulation stage for BTC -- the bull start coming while altcoins stay quiet. 2. A massive bull run with BTC that would last days and weeks, about halfway through the newbes would discover altcoins would then start creeping up 3. A major BTC bearish reversal entering into a distribution stage and then a major increase in altcoins market cap 4. Then Back the beginning of the cycle as altcoins loose some steam, BTC would then begin to get some traction towards another all-time high. Except for the last BTC correction-- the pattern is similar,, but the main differences are (the near 1 trillion dollar market cap, the birth of Bitcoin Cash attempting to overthrow BTC through the ignorance of new comers, Ripple because of connection with banks which is in itself a fallacy, the major major whales in the market push prices where they want, BTC dominance being (right now) at an all time low. (check screenshot at the end) So the question is --  Do you believe BTC will again reach new all-time highs?? I do-- just my opinion- not financial advise,, Thank you for reading and please up-vote and follow 