SkrillaKing: 3 Possible Outcomes: Still Too Soon to Call an Altcoin Season

  • Wednesday, 09 October 2019 18:00
► Business Email: [email protected] There's talk of an altcoin cycle happening in the market. Current Bitcoin (BTC) dominance has begun to fall, we've seen many top altcoins outpace that of Bitcoin (BTC) and thus the altcoin season floodgates have opened. Remember last month? Ethereum (ETH) rose to $215 and it was a similar situation. Bitcoin (BTC) then rallied and an altcoin season wasn't confirmed. I also delve into the S&P 500 and the Dow Jones Industrial Average, taking into consideration Jerome Powell going on record and saying they're aware of the moderate growth compared to projections - but not to fear because the market is resilient. Yikes. Looking at the charts, a bubble seems to have formed over the last decade without any hesitation. That hesitation could come into effect in a big way. Injecting capital into the ecosystem surely is an indication of worry from the Federal Reserve. Datadash: https://www.youtube.com/channel/UCCatR7nWbYrkVXdxXb4cGXw DISCLAIMER: Only invest what you can comfortably afford to live without, and consult a qualified financial advisor if you’re serious about investing. The content of these videos is meant to be informative and entertaining and should not be construed as financial advice, a guarantee of returns, or an official endorsement of any company, party, platform, agent, etc. unless otherwise explicitly noted. #Bitcoin #Blockchain #crypto

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