“Altcoin investors need to keep the faith. It’s tough out there, but the underperformance of alts vs. bitcoin has been difficult,” Charlie Morris, founder of ByteTree, wrote in the report. “The good news is that positioning is light, and so when the good times return, there is the potential for yet another strong altcoin rally.”
Related posts
-
A Vision for Bitcoin Mass Adoption by Mark Zalan, CEO of GoMining
Since its inception in 2009, Bitcoin has evolved from a niche concept into a driving force... -
Fidelity’s FBTC lead $71.73m Bitcoin ETF outflows, Ether ETFs also slide
Spot Bitcoin exchange-traded funds in the United States experienced their third consecutive day of net outflows,... -
Traders Position for Volatility as BTC ETFs See Outflows
“Risk reversals until Oct are still skewed towards puts in both BTC and ETH, indicating that...