Bitcoin has solidly rocketed ahead of the rest of the altcoins, which have either retraced substantially or are at best consolidating. The Altcoin index has pulled back substantially and what was a bull wedge pattern forming has begun to look like a double top which is foreboding. The Kovach Crypto Spread Indicator has remained in positive territory for some time now, indicating that Altcoins are more competitively priced, though it is tough to say when Bitcoin will relent.
If you would like access to the crypto specific indicators and more, check them out here!
If you would like access to the crypto specific indicators and more, check them out here!
Join my discord at discord.io/quantguy
