Looking at BTC's incredible gains it used to be that when it went up alts like ETH and ZEC would also rise. Now it's the opposite. BTC up and ETH + ZEC types weakening. Most likely because "traders" jumping onto the BTC ship and dumping alts but once BTC corrects will the alts follow... again... per usual or will they finally break away and move on their own and begin climbing upward?
We got three scenarios... BTC will correct and the alts will follow deeper downward. BTC will correct and the alts will break upward. BTC won't correct and the alts will fade away (unlikely).
NOTE: Some scream that BTC can be worth 200K someday and will fund the worlds economic system - I doubt it. New technology never simply takes over. It is brought into the globalists fold, regulated and profited from by the system's masters ultimately. BTC is an experiment as of now imo and those who rule the system will come out with something they deem more "realistic" or safe. It is not the goal to make everyone rich with unlimited growth. It is the goal to have us adopt the technology (rewarding us at first - the carrot), accept it, and then regulate it so it is the norm with limited growth.
Edison discovered electricity and invented the light bulb. An amazing device that brought us out of the dark - literally. Competition arose. And bankers like Morgan profited from it and it became a public utility for everyone, everywhere. Edison stuck with his original DC. The winner was AC and those that promoted it (Westinghouse) did well. The point is that the first out was not the winner for a global product. Ultimately the winner (AC) was controlled and regulated and everyone made to pay a fee for it... monthly bills.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.