CryptoSyphn

Altcoin Rally Just Getting Started....Don't Miss it!

做多
CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
The crypto market has been steadily trending to the upside since we called the $10k bottom. I see many are saying alts won't outperform Bitcoin again, I personally do not agree with that sentiment, and I believe we will see a similar alt market movement as we saw in 2017. Looking at the alt market cap chart, we see the alt market has just broken above its all-time high. I believe we are in an Elliott wave-like structure, and we'll see a wave 5 push up towards new highs. I do not believe we'll see the same multiples in the alt market as we experienced in 2017, but a strong push for much larger market evaluations seems inevitable. We saw upwards of 1000x in the 2016 2017 run, it would seem reasonable to me to see a 5x - 10x increase in the alt market this bull cycle.

Remember, stay level-headed, objective, and let the charts speak for themselves, NOT the new media.

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