This probably makes more sense since I think the volume just isnt there for the alts and I dont think most alts will have a new cycle while bitcoins going down unless they are the marajuana coins which seem to be out of cycle with bitcoin. I like tenx and im gonna get some but I need to be realistic and I dont think it'll shoot to new highs. Maybe test them in the expanded flat part of the triangle. But im a bit skeptical
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This is porbably more possible
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bitcoins taking all the attention, its currently correcting. Atm the alts did pump. Might have been sufficient for the X to complete. I think we might have a bit more to go, since I think during the start of the btc correction the money can finally flow back into the alt coins. Unless too much money leaves the market too quickly, then there might not be enough time for any sufficient movement for the alt coins