BITCOIN (BTC) is Rising but Altcoins are in RED! Why? I explain in this blog using Phasic and Non-Phasic cycles.

I've in the past posted about the ""Phasic" and "Non-Phasic" nature of Bitcoin's correlation with the Altcoins. During the recent $3,045 bottom for Bitcoin, it turned up and reversed ahead of the Altcoins which seemed to be "stuck" behind and still printing red. Meanwhile, Bitcoin kept rising and wasn't looking back. Clearly at that time, Bitcoin and Altcoins were Non-Phasic. Then, sure enough, the Altcoins also turned, almost in concert, and rose and started printing green prices.

Currently, Bitcoin is rising and continues its rise from last night. Meanwhile, the Altcoins are all languishing in slight to moderate red price prints. They all seemed to be Phasic last night as the whole cryptosphere jumped. But overnight, the non-phasic cycles kicked in.

An example of the phasic to non-phasic shift is when you see two cars infront both with the left yellow blinkers on. At first, the lights are off sync and blink in syncopation. As time goes by, the rhythm of the blinks get closer and become more syncronized until they overlap to near correlation. Then this correlation begins to separate and the blinks become once again syncopated.

The phase cycles of sentiment are no different. Most often, Bitcoin leads. But I had also shown last week how NEO seemed to have the batton and BTC followed temporarily.

Overall, the Bitcoin cycle is the dominant and as such, it is the moon that moves the tides and all Altcoins swim in the same cryptosphere ocean. I believe the Altcoins should soon become "phasic" with Bitcoin and rise as well.