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Topic	Crypto General #13: BATter Up!
clearaflagrantj 01/10/18 7:29:48 AM #7:	Market sentiment is overall very sad, which is a great signal. When the folks on Reddit start wondering if they should convert to fiat that usually means you should buy. Greedy when others are fearful. If you zoom out on the BTC and LTC charts you can clearly see consolidation after the 19K/400 ATH rallies. Hell even the crypto total market cap is consolidating after its ATH (though that's less helpful since the value is muddled by the XRP/TRX rallies). My thoughts: ETH has saved the market. This ETH run in the midst of a crypto bloodbath showed us that people still want to invest. BTC and LTC despite their slow bleedouts still have buying support on their dips. In the next few weeks the consolidation for BTC/LTC will end and I believe we will see a breakout upwards, and it's going to be a big one. Hopefully it will coincide with LN upgrades and atomic swaps. Like always, I base this entirely off nothing. kinetika_ posted... Wtf Eth. More and more do I keep celebrating the fact I swapped my LTC out for it last month. I just wish i can get one of my alts to give me a 5x or more gain, because i really want 40+ eth before the summer 40 ETH means $1,000,000 when it hits $25K :) <cite>clearaflagrantj posted [p:893760556] in Crypto Gen... [t:76185838]...</cite> <quote>Market sentiment is overall very sad, which is a great signal. When the folks on Reddit start wondering if they should convert to fiat that usually means you should buy. Greedy when others are fearful. If you zoom out on the BTC and LTC charts you can clearly see consolidation after the 19K/400 ATH rallies. Hell even the crypto total market cap is consolidating after its ATH (though that's less helpful since the value is muddled by the XRP/TRX rallies). My thoughts: ETH has saved the market. This ETH run in the midst of a crypto bloodbath showed us that people still want to invest. BTC and LTC despite their slow bleedouts still have buying support on their dips. In the next few weeks the consolidation for BTC/LTC will end and I believe we will see a breakout upwards, and it's going to be a big one. Hopefully it will coincide with LN upgrades and atomic swaps. Like always, I base this entirely off nothing. <cite>kinetika_ posted...</cite> <quote>Wtf Eth. More and more do I keep celebrating the fact I swapped my LTC out for it last month. I just wish i can get one of my alts to give me a 5x or more gain, because i really want 40+ eth before the summer</quote> 40 ETH means $1,000,000 when it hits $25K :)</quote> ... Copied to Clipboard!
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