1/ Since 2015, one of the “pre-conditions” for the start of alt-season is a drop in the correlation between Alts and $BTC
— Thomas Lee (@fundstrat) April 20, 2019
This drop in correlation has started recently (lower part of chart and scale is inverted)
This is a data point to suggest alt-season could be underway… pic.twitter.com/g10Fjzx50q
Alts can keep trying and failing but one day they will push higher. Meanwhile keep this in mind and don’t take anything for granted, they may or may not breakout soon. If past price action Read more…
BTC seems to be in the final stage of this consolidation and more alts seem to be pushing higher. We still can’t be sure how and when the breakout of this consolidation will happen. 1) Read more…
With erratic price movements breaking resistances, supports and patterns we can’t do much but BTC Halving is there and maybe things will change a bit from now on. At least Bitcoin Block Reward is officially Read more…