Alt Coin Bear Market Data
Similar to my BTC Bear Market data, here is my alt coin bear market data
The window to accumulate alts, particularly small caps is very small. We are not currently in that period, IMO. I know these are not small caps, but they have enough trading history to provide enough data to be useful. Many of the small caps ran at the same time these coins ran.
Here is a snapshot of my Discord discussion about this:
One key takeaway is on page 3:
The average number of days from the high of the previous pump/bull run/whatever you want to call it to the start of the next bull run is 296 days. Now recent history has more value for me, so let’s say we have the same length of time as the last break between bulls. That would put us at 186 days. The top for many of these was around 1/4/18. 186 days from 1/4/18 is July 9th, 2018.
That would mean the low level bases should start forming a few months before that time. Take the exact date with a grain of salt. The key is to wait for the sideways boring action to start accumulating. The exact time that happens is anyone’s guess.
Originally published at Speculate Freedom.