After the fallout from the Segwit2x drama this weekend, the Altcoin index has tanked and the crypto spread indicator is on fire. It is solidly in positive territory indicating that funds are flowing to Bitcoin from the Altcoins. Ethereum and Litecoin did not seem to benefit at all from the frenzy this weekend, it was all Bitcoin Cash which has since retraced. Consider adding to a position in Bitcoin, but be aware that historically, we've pulled back a bit further before the bulls regain control.
If you're interested in the crypto indicators, you can check those out as well as others at quantguy.net
If you're interested in the crypto indicators, you can check those out as well as others at quantguy.net
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