If I gifted you, what would you rather take: $10k in BTC or $20k in any other crypto of your choice but you can't touch it for the next 5 years. What would you choose ?
Anonymous Poll
71%
Bitcoin
29%
Any other altcoin
Thanks for voting!
So, the results of this poll are very interesting not only because of the fact that the vast majority prefers Bitcoin, but mostly because we asked the same question late December 2018.
📌 Back in December we got the following results: 56% chose BTC & 44% chose Altcoins. That looked like a parity with a slight overbalance in favor of BTC.
👉 Now, 7 months later, the results are fascinating: 71% choose Bitcoin (❗️even if they are given double the money in any altcoin) & only 29% - Alts.
What a drastic change! After an insane parabolic BTC rally and prolonged Altcoin bloodbath, almost everyone wants only Bitcoin.
Look at what we wrote the day after the poll in December:
"It's important to understand that Bitcoin is the only coin you can hold for the long period of time because of the strongest fundamentals."
Now when the Alts have been consistently breaking down their vital supports and creating new lows (against Bitcoin), more people understand why Bitcoin is the King 👑 and why only Bitcoin matters long term.
So, the results of this poll are very interesting not only because of the fact that the vast majority prefers Bitcoin, but mostly because we asked the same question late December 2018.
📌 Back in December we got the following results: 56% chose BTC & 44% chose Altcoins. That looked like a parity with a slight overbalance in favor of BTC.
👉 Now, 7 months later, the results are fascinating: 71% choose Bitcoin (❗️even if they are given double the money in any altcoin) & only 29% - Alts.
What a drastic change! After an insane parabolic BTC rally and prolonged Altcoin bloodbath, almost everyone wants only Bitcoin.
Look at what we wrote the day after the poll in December:
"It's important to understand that Bitcoin is the only coin you can hold for the long period of time because of the strongest fundamentals."
Now when the Alts have been consistently breaking down their vital supports and creating new lows (against Bitcoin), more people understand why Bitcoin is the King 👑 and why only Bitcoin matters long term.
CryptoBullet
Bitcoin Dominance is now at 17 Month High around 62%. 🎯 The target of the channel breakout is almost reached. As long as resistance holds, BTC paired ALTs can recover 20-40%, but if it breaks higher than we'll meet the Bullish flag target, which is way…
🎯 BTC Dominance is above 70% reaching the Area of Rejection No.2
Well, we called it back in May, actually.
Well, we called it back in May, actually.
Bitcoin's dominance hasn't been above 70% since July 2017 & we see this as a definite resistance area.
🎯 Area of Rejection No.2 is a strong horizontal level + MA200 coming there + it's the final target of the bullish flag.
💡Expecting BTC dominance to go down soon and altcoin relief rally to kick off
🎯 Area of Rejection No.2 is a strong horizontal level + MA200 coming there + it's the final target of the bullish flag.
💡Expecting BTC dominance to go down soon and altcoin relief rally to kick off