The way things are moving right now is that altcoins are trending down while Bitcoin is on a seesaw battle until it finally breaks through. I like one analyst view on a possible 20% drop on Ethereum and of course all other altcoins to follow before it will rebound and STARTS to surge. As one crypto analyst just tweeted
Mac ❄️🐺@MacnBTC
Short BTC pairs.
Long Bitcoin.
Real alt capitulation starts in 2 weeks.
Feel free to countertrade me.
For more information:
https://www.newsbtc.com/2019/08/20/crypto-analyst-expects-20-ethereum-drop-altcoin-capitulation-in-2-weeks/
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