Story: Bitcoin Crashes Cause Altseason – Commonly Occurring Market Psychology

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Bitflyer has added five Altcoins in Europe and the US.  This included Bitcoin Cash (BCH), Ethereum Classic (ETC), Litecoin (LTC), Lisk (LSK) and Monacoin (MONA). 

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Ever since September 20, 2019, Bitcoin Cash (BCH) has been going through a free fall.  The coin has already lost nearly 31% of its value.

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The price of Ethereum Classic (ETC) improved at the rate of 2.53% over the past 24 hours.  This eventually led to ETC going down south to $4.77.

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Litecoin (LTC) is following a downtrend.  The falling wedge pattern has hinted reversal, and the token is working its way towards a bottom, and there is a current demand for…

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Andy Bryant, from bitFlyer Europe, stated, “By adding new altcoins, we are expanding bitFlyer’s Buy/Sell offer significantly, giving our customers instant access to some of the…

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It can be extremely risky to trade Altcoins as it is an expression of pure human emotion, whether about TCAT tokens, Ethereum, or anything else.

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When the market gets bearish for Bitcoin, Altcoins appear to be viable options for traders.  Therefore, their values usually go up.

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With the Bitcoin having crashed yesterday, it must be Altcoin season.  One of the analysts previously tweeted thus:  “I think the best way to get alt season at this…

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The alternative race between the Bitcoin making the rally and crashing to cause the Altseason is a commonly occurring market psychology.

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