After today's bitcoin price surpassed $ 6000, I'm sure that the bull run is coming soon, I'm sure the price of bitcoin and altcoins has also skyrocketed as investors positively see that trend.
Bitcoin today has increased by more than $ 6400 and this is a very good sign for this market. If this trend continues, altcoin will have the opportunity to increase prices very well and we can freely invest without worry or fear. Now is the right time to invest in potential coins such as ETH, IOTA, XLM, BCH because these are coins that will surely achieve new growth this year.
Alts will follow once bitcoin fully recover. Some investor transfer their alts or savings in bitcoin due to it's performance now, can't wait to see ETH finally recovering.
Yeah you the point because it is the same as what happen last year after bitcoin reach the higher price the other altcoin starting to increase not now I think if the price of bitcoin reach more than 30k usd each I'm sure all alts will increase its value 1000% or more than that.
So better to wait if you are one of the altcoin holder before you sell it but I think 2022 is the right time to see the price of altcoin will increase again just like before.
The bitcoin can continue to increase, it is possible, because in fact, the accumulation stage can allow these movements to exist or arise, it must also be taken into account that the volatility in this phase of the market is very high.
In the case of the Altcoins, it will always be a good time to buy, since the times the bitcoin goes up, the altcoins go down, but it is a good time to buy cheap, because if the bitcoin movement remains bullish, the altcoins will begin to give beneficial turns.
In the same way, if the bitcoin goes down in price, the altcoins go down in price, it is another opportunity to take advantage of the purchase of altcoins, it must be taken into account that all the altcoins depend directly or indirectly on the bitcoin, that the movements that occur always follow the path that marks bitcoin, the good thing is, when you buy cheap altcoins, the moment the bitcoin begins with its bullish trend stage looking for the distribution stage, the altcoins will start generating new millionaires, because it can go up with an incredible multiplier effect, due to the fact that investors will take part of their fortunes in altcoins.