Altcoins to go crazy again once Bitcoin reaches 20k? - page 13.

akmal1984

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Quote from: ajiz138 on October 29, 2019, 08:36:45 AM

To reach 20K is still very difficult for bitcoin, but it can definitely achieve it if the bitcoin trend continues to rise and there is a lot of positive news. In bitcoin Halving in May 2020 will also be an opportunity for bitcoin to reach the highest price, because many investors will buy bitcoin. For the altcoin season, it will occur when bitcoin dominance goes down and altcoin goes up.

Do you think the alt coin will go up like in 2017? like ethereum for example which managed to break above 1k usd the price at that time? Because at that time the price of bitcoin did not reach 20k usd. So if you touch 20k in 2020, then the price of ethereum can be above 1k usd, right?
For now eth, bch and xrp seem the most likely to increase dramatically if there really is an increase in price.

bassbity

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Quote from: White Christmas on October 29, 2019, 09:24:26 AM

Quote from: weidex on October 29, 2019, 04:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

Yes it is possible that the season of altcoin will also come when the bitcoin reaches above $20,000 because as we can see in the year 2017 when bitcoin hits $20,000 the altcoins also rise and gets wild. Maybe we can see this when the year 2020 comes and the halving of crypto comes, but as I was said, there is a huge probability that the altcoins will go crazy and arise when bitcoin pumps up over $20,000. But this is just a speculation and prediction at all.

Let's wait bro until 2020, hopefully this will happen,
I am sure this will be able to reach 20k the price of bitcoin, considering that many speculate about it might happen after Halving, Bitcoin will grow faster and continue to be said by altcoin to be wild.

NathanJB

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Quote from: d3nz on October 29, 2019, 09:37:39 PM

Definitely it might happen and once the price reach it more than the all time high price then altcoins will follow up and we need to make sure that we have a target price sincr it might plummet right away and surely investors and traders will sell off their altcoins.

Having a stop-loss is a good idea and we will know when the price will stop to trade and buyback once it goes dip.

It can be seen in the general movements of the charts. Once Bitcoin will reach beyond its all-time high, be very vigilant because it might be the cue for its price to return to the lower level. Once the line takes a u-turn, be quick enough to shift to altcoins. That must be the perfect time for the altcoins to shine after Bitcoin has. And when Bitcoin once again takes the u-turn from the correction or when the altcoins themselves have reached their all-time high, shift to Bitcoin again.

d3nz

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Definitely it might happen and once the price reach it more than the all time high price then altcoins will follow up and we need to make sure that we have a target price sincr it might plummet right away and surely investors and traders will sell off their altcoins.

Having a stop-loss is a good idea and we will know when the price will stop to trade and buyback once it goes dip.

cryptothreads

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Quote from: vanya.pronin.1983 on October 29, 2019, 11:56:00 AM

I do not know, because BTC jumped from 7k to 10k within several hours and all what altcoins did was adding several percent to their prices. BTC has a too high dominance at the moment and I hardly doubt that the future raise of BTC means the raise of alts at the same time.

This price increase has greatly affected this market and I'm sure the value of Bitcoin is currently manipulated so if you choose to invest now there will be a lot of risk. Currently, almost all altcoins are heavily dependent on the value of Bitcoin so any change will make this market more difficult to predict. I invested altcoins last year and it was a very bad time for me because the coins I invested in halved in value making me lose a lot of money.

This year I was more careful and chose to invest only in the top coins to ensure the best returns. Of course, it's not always easy because the bear market is still overwhelming.

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I think there will be many cryptocurrency prices that will again become expensive, including the price of altcoin because market conditions will certainly be crowded and demand will increase because many will use altcoin to make transactions between markets to be able to take advantage of rising prices of bitcoin and other altcoins.

rodel caling

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Quote from: weidex on October 29, 2019, 04:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

Mabe yes maybe not, I didn't give a negative feedback I advise stay cool and relax do nit expect well to avoid disappointment lol😀😀😀 wait for the reality of bitcoin begin again to uprise upto 20k usd if the price margin of 15k usd hit by bitcoin in this month let's monitor what will happen before end of this I also hoping before end of this year bitcoin bullrun is begin. Good luck all.

DosManos

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Quote from: weidex on October 29, 2019, 04:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

its a good question
i believe that if BTC goes to 20k again, most cryptos will go up in USD price for sure
however i dont know if they will go up in BTC price
maybe they will, and maybe only chosen top projects will

bustedsynx

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Definitely. Most crypto traders on Twitter are confident that when Bitcoin reaches its ATH price and even breaks it for a new ATH, altcoins will surge again. It is because they believe the publicity of a vibrant Bitcoin will entice new investors to hunt for another Bitcoin-like price gains.

cryptonx

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Quote from: weidex on October 29, 2019, 04:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

yes, history repeat itself
but when bitcoin price surpass 20K, a lot of shitcoins will gone and only a good altcoins will survive and follow the rising on bitcoin price

SamboNZ

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Quote from: imutlinda on October 29, 2019, 12:10:32 PM

Quote from: Mammothcoin on October 29, 2019, 09:58:05 AM

Judging by historic price action, it is very likely that prices to start rallying incredibly once the previous all time high(ATH) is breached. Since there isn't anything above that price, FOMO will definitely kick in and greed will set people well on the way to invest even as prices rise. It has happen before and it will again- History always repeats itself.

if that happens again then the crypto life in my opinion there is no development from the previous period, we should be prepared for things that will happen not until you follow the FOMO, because there will be many mistakes in it. keep doing research and always think calmly when investing, prices have not yet started to go up specifically with there is still time to hurry

The previous bullrun peeked the interest of traditional markets and the result was now some already began making their own crypto/blockchains. So, I wouldn't say that there was no development in the previous period and during the bear market, most projects were just in the testing periods.
We maybe see a bigger money in the coming months/years in the crypto industry.

imutlinda

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Quote from: Mammothcoin on October 29, 2019, 09:58:05 AM

Judging by historic price action, it is very likely that prices to start rallying incredibly once the previous all time high(ATH) is breached. Since there isn't anything above that price, FOMO will definitely kick in and greed will set people well on the way to invest even as prices rise. It has happen before and it will again- History always repeats itself.

if that happens again then the crypto life in my opinion there is no development from the previous period, we should be prepared for things that will happen not until you follow the FOMO, because there will be many mistakes in it. keep doing research and always think calmly when investing, prices have not yet started to go up specifically with there is still time to hurry

vanya.pronin.1983

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I do not know, because BTC jumped from 7k to 10k within several hours and all what altcoins did was adding several percent to their prices. BTC has a too high dominance at the moment and I hardly doubt that the future raise of BTC means the raise of alts at the same time.

bitzizzix

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That is possible and if bitcoin reaches $ 20,000 it will most likely affect Altcoin even crazier because many are waiting for the Altcoin season to come and over the past two years Altcoin is not very good on the market, and now an increase in bitcoin brings Altcoin up and hopefully Bitcoin and Altcoin will rise together towards the highest price in the near future.

Mammothcoin

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Judging by historic price action, it is very likely that prices to start rallying incredibly once the previous all time high(ATH) is breached. Since there isn't anything above that price, FOMO will definitely kick in and greed will set people well on the way to invest even as prices rise. It has happen before and it will again- History always repeats itself.

masterrex

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Quote from: weidex on October 29, 2019, 04:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

I think its YES! if that happen i'm pretty sure altcoins will breakout most of the time altcoins were followed the trend if the Bitcoin gains was solid, If Bitcoin will break its previous ATH that will be another milestone not just for Bitcoin but in the entire cryptocurrency industry.

Kezacky

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I think that might happen again, I mean altcoin will increase significantly again if bitcoin can penetrate prices above $ 20k. we all hope that will happen soon, considering that 2018-2019 altcoin has lost its value again, maybe 2020-2021 we will see the glory of altcoin again.

Zeke_23

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Quote from: btcdie on October 29, 2019, 09:32:00 AM

Quote from: weidex on October 29, 2019, 04:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

I hope that will happen, altcoin experiences bullish when bitcoin goes to the moon. In my opinion altcoin should tend to follow the price of bitcoin, for example at the moment bitcoin is experiencing bullish and altcoin is also experiencing it, but in my opinion the potential to experience a surge in the top 10 in cmc after bitcoin.

So far, bitcoin were still far away from reaching that again, but it is possible to happen or maybe go higher and reach another ath by the next following months. No one expected for bitcoin to reached 20k$ before and for altcoins to get along with it.
Bullish market will come in the right time, we can't determine when it will happen, but in the right time for sure.

btcdie

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Quote from: weidex on October 29, 2019, 04:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

I hope that will happen, altcoin experiences bullish when bitcoin goes to the moon. In my opinion altcoin should tend to follow the price of bitcoin, for example at the moment bitcoin is experiencing bullish and altcoin is also experiencing it, but in my opinion the potential to experience a surge in the top 10 in cmc after bitcoin.

TheICE007

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Well it is Possible that Altcoins could go crazy if bitcoin gets to $20k,in this space the unexpected happens a lot but I think old investors would go more for Bitcoin and perhaps some top altcoin like Ethereum, xrp and so on. Talking about the correlation it could be drawn that this past week that bitcoin rose,many altcoin also showed some upward trend, so it's possible the $20k for Bitcoin could also bring about the Alt Season.

Topic: Altcoins to go crazy again once Bitcoin reaches 20k? - page 13. (Read 3403 times)