Filecoin Still Strong Against Bitcoin Chop

7 июн. 2021 г.

Bitcoin is chopping around hard as it reaches the likely end of its consolidation period. But here we that Filecoin, after having gone through its own massive consolidation even before the dump, is reacting positively against Bitcoin's annoying moves to the downside -- moves that are taking other altcoins down with it.

Take for example the move in the past couple of hours. Filecoin/BTC shot up, and we don't even see a bear divergence on the short term 15m timeframe. So I'm still happy staying in Filecoin for now; because unless we see another true meltdown for all of crypto, Filecoin is going to embrace any positive price action in the space.