3 Key Metrics Suggest Bitcoin Price Has Completed Its Macro Bear Cycle | Altcoin Apocalypse?!

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Whilst the Bitcoin price (BTC) action may seem bearish to some, the leading cryptocurrency has several bullish indicators that hint towards an imminent recovery.

As Bitcoin enters the last month of 2019, will the king of Crypto finish on a bullish rally, or fall to a yearly low?

In today’s show we explore both bearish and bullish BTC price scenarios.

In other Crypto news today:

Are we on the verge of an Altcoin apocalypse?

The number of dying cryptocurrencies is rising.

The big crypto boom of late 2017 is a long distant memory today. Pretty much every altcoin out there was surging by ridiculous proportions as the wave of FOMO swept the scene.

Today the majority of crypto currencies are melting down and many simply will not survive another winter.

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

If you invested 10 000 BTC into ZEC at the open of the 2nd trading day (God forbid) you’d be left with less than two today.
That’s how crazy this drop is.

— DonAlt (@CryptoDonAlt) December 1, 2019

Altcoin Apocalypse: The Number of Dying Crypto Currencies Is Rising