BTC.D looks weak. Thinking ALTSZN is about to come forth

This chart looks a bit on the weaker side. RSI trending down. 200w EMA didn't break out, and 50w EMA may also show some resistance. Too much excitement around other alts pumping (DASH, ETC, and a few others). Currently testing a year+ long bullish trend now, if that breaks (which I think it will), alts will start flexing. BTCUSD may too, but not as much.

Then there is also the halving this year. I don't know how alts will react to this, being the first BTC halving I've ever witnessed.

This is not investment advice. DYOR. Invest with caution.

Kommentera:

Yup. Altszn is here.