BTC could start losing % marketshare to alts, this may be the area of most pain for alts. If this is so we can expect a sharp reversal soon. Not all alts but big caps first, then mid and small caps last for the most impact. I see BTC marketcap under 50% and close to 40% in the near future, since marketshare has to flow somewhere it will be alts with best and working projects.
Chart is bullish in $ terms for both BTC and ALTS. Charts are more bullish in ALT/BTC ratio.
Either way in next 12 months we should see at least 5x bigger overall marketcap which will make crypto space well above 1T marketcap.
Chart is bullish in $ terms for both BTC and ALTS. Charts are more bullish in ALT/BTC ratio.
Either way in next 12 months we should see at least 5x bigger overall marketcap which will make crypto space well above 1T marketcap.
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