This flag is forming and will complete either tonight or tomorrow. When that happens we can either see BTC skyrocket, taking altcoins with it, or start a very nasty retracement that will likely give 50% correction values to all coins. Eitherway, it seems like BTC hasn't given up yet, and the coins that are retracing, and growing slower than the movement of BTC< might actually end up in a trend reversal regardless of what BTC does in these next 2 days!
Kommentera:
100% Correct! However, I view this as bitter sweet because it is effecting the behaviors of a multitude of alt coins adversely, which is preventing the furtherance of many parabolic movements...