This episode is sponsored by TradeSanta https://bit.ly/2Ntb5YF

After breaking $4,200 Bitcoin went through the correction, but the sentiment is still positive. Mati Greenspan from eToro believes we’ve found the bottom and that altcoins are dragging Bitcoin down. Patrick Heusser from Crypto Broker AG continues the technical analysis and explains what the Ichimoku cloud is.

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Altcoins Drag Bitcoin Down | Crypto Markets

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10 COMMENTS

  1. Big event about altocins is approaching. A large conference in Warsaw on February 28! It's too far for me, but one of my friends is going and says there are last tickets! At this event, you will be able to hear many interesting presentations – Yanina Petrovskaya, Muhammad Salman Anjum, Dr. Mervyn G. Maistry and Hubert Krawczyk are well-known experts in their fields. You can take part in their panels. The official partner of the event is the website blockchain24.co.

    It seems to me that the conference organized by the FTO will be really interesting. If you can choose it. It will be nice if you let me know how it was. I envy the participants!

    Information and tickets can be found here: https://conference.futurocoin.com/

  2. Just because the Altcoins declined by greater margins you cannot come to the conclusion that they were dragging bitcoin down. Correlation is not causation. BTC has a much higher market cap and is bound to be more stable, but because BTC has a higher trading volume than any other crypto it is the one driving the market. The fact that it does -5% while others do -15% is irrelevant to this argument.

  3. Bitcoin isn't volatile…. the dollar is. 1 BTC is still worth 1 BTC since its inception. Can we say that about the dollar? $1 from 1913 to 2018 is worth ~$20 according to an inflation calculator. So, which one is really volatile? People need to stop looking at the price through the lens of the dollar. Everyone sees the dollar value of Bitcoin but don't realize that it's the dollar that is weak against BTC….that's why there are huge price swings. People also don't realize that every time they sell or buy crypto, they are expanding the current monetary money supply. If you know how the current monetary system works, that last statement will make perfect sense. If not, it will go over heads. . I worked hard for money for my portfolio extra time as it's my idea that crypto has a future……so tired of your bitcoin swings (increasing and decreasing)????
    Mail :: bitfreezeonline@gmail.com
    And get your blockchain fixed and stop loosing money!!

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