Bitcoin Now Riskier Than Altcoins? Analyst Cites ATH, Risk Score of 53
- Analyst: Bitcoin (BTC) risk higher than altcoins after its new All-Time High achievement.
- Bitcoin’s risk score at 53, while altcoins like Cardano (ADA) (41), LINK (39), ETH (37) show lower.
- Combined data metrics suggest a potential upcoming altcoin season, analyst concludes.
A famous cryptocurrency analyst, in a recent review of current market conditions, has put forth the argument that Bitcoin (BTC) may now represent a riskier investment for individuals compared to various altcoins.
In his latest podcast, the analyst highlighted critical factors showing why investing in certain altcoins might currently offer a more favorable risk profile than allocating capital to Bitcoin.
Analyst: Bitcoin’s New ATH Poses Increased Retracement Risk
The analyst’s initial pointer to Bitcoin’s comparatively higher risk centers aro…
The post Bitcoin Now Riskier Than Altcoins? Analyst Cites ATH, Risk Score of 53 appeared first on Coin Edition.
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Bitcoin and Altcoins at a Crossroads: New Highs or Incoming Correction?
Bitcoin Now Riskier Than Altcoins? Analyst Cites ATH, Risk Score of 53
- Analyst: Bitcoin (BTC) risk higher than altcoins after its new All-Time High achievement.
- Bitcoin’s risk score at 53, while altcoins like Cardano (ADA) (41), LINK (39), ETH (37) show lower.
- Combined data metrics suggest a potential upcoming altcoin season, analyst concludes.
A famous cryptocurrency analyst, in a recent review of current market conditions, has put forth the argument that Bitcoin (BTC) may now represent a riskier investment for individuals compared to various altcoins.
In his latest podcast, the analyst highlighted critical factors showing why investing in certain altcoins might currently offer a more favorable risk profile than allocating capital to Bitcoin.
Analyst: Bitcoin’s New ATH Poses Increased Retracement Risk
The analyst’s initial pointer to Bitcoin’s comparatively higher risk centers aro…
The post Bitcoin Now Riskier Than Altcoins? Analyst Cites ATH, Risk Score of 53 appeared first on Coin Edition.
Читать больше