Is alt coin season starting? Is Bitcoin overextended? Should you take profits now or should you let it run higher?
Find out what some of the most influential youtubers are saying:
- Alts doing well
- BTC saw 20% correction before bouncing 10%
- BTC still 50% above 2017 ATH
- Institutional interest and FOMO
- Large farms could be taking profits
- Resistance line at 32.4k
- ETH close to breaking ATH
- Believes alt coins will have their season eventually.
- ETH has been making long term gains vs BTC over the last few months
- Once BTC liquidity trickles down to alts, it's gonna be big
- BTC will consolidate but this is a very different run from 2017
Datadash's pullback prediction based on recent trend making lower highs.
- BTC at RSI overbought range. Historically a crash follows
- 20 week moving avg is likely retracement. BTC retraced to 20 week EMA multiple times in the last bull run
- 50% correction if BTC were to correct to 20 week EMA today
- BTC has been pushing the ceiling of bollinger week after week.
- Run up is very similar to 2017 run up.
- 14k-17k is Crypto Kirby's buying zone (based on FIB from 12k today)
- 20k to 3k fib, next resistance is at 62k
- BTC RSI is at same level as 2017
- BTC and ETH looks like a good place to take profits for margin plays.
- 7 day moving average is at 30k
- 20 week EMA is at 19k (expect a possible retest)
- Chainlink broke downward channel since Nov 16
- ADA is headed somewhere
- BTC dominance got rejected at 72%
- Altcoin season hasn't started yet
- Traditional markets is a potential risk
- BTC dumped to 28k to fill giant futures gap
- 20% flash drop that got picked up by the bulls.
- Believes that the 20% drop is the correction many were watching for.
- Going for longs - Road to 50k is being paved
- Unless we see giant correction, BTC is likely to go to 500k
- Holding 50% eth and btc and rest in other alts.
- ETH has much bigger potential to go up vs BTC (ETH not reached 2017 ATH)
- Massive exodus of BTC continues to leave exchanges (87k in 30 days)