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RE: Divergence - I feel like maybe we've turned a corner
Considering the value is measured in btc for altcoins... i kind of of disagree with you. If you look at the charts... they mostly follow the same paths.. yes, there are individual buy and sells within... but the are tired to btc.. so when btc goes high.. everything goes high. Same for lows.
I'm not sure I understand what you're saying. When I used to look at this information, it swung wildly up or down if BTC was swinging wildly up or down relative to USD. During the recent crash, it was all red relative to USD, during the bounceback over the past couple days, most everything was up by a % in the 20's. Now we're seeing ups and downs all over the place, both relative to BTC (which has always been the case), and USD (this is new). My point is that if the altcoins are following their own trajectories relative to fiat, it legitimizes them as not just being BTC or ETH derivatives.