BTC dead altcoin dead. BTC up altcoin makes only slightly movement. All of altcoins may be dumped to the all time low. Bitcoin is the key for altcoin to increase, if bitcoin is failing to increase and altcoin will be following it too.
I meant we must also aware about how strong bitcoin right now. Impossible for btc to be dumped so hard.
BTC has come a long way since day one. You can't expect it to lose value overnight. $10 is way too low for a scarce cryptocurrency such as BTC. If that happens, it would mean people have abandoned the cryptocurrency for good. So far, there hasn't been any indication that mainstream adoption for BTC is declining. On the contrary, adoption is on the rise even during these times of crisis (COVID-19 pandemic, inflation, Russo-Ukraine war, etc).
I'm pretty sure BTC will reach a new ATH in a few years from now. Since altcoins follow BTC's "footsteps", they will lose value big time if the "King of Crypto" goes all the way down to $10. But again, that will never happen because of the reasons mentioned before. Let's all sit back and enjoy the ride as BTC sets course to take over the world. Just my thoughts
For have some assumption then it would be understandable that it would really be having that free fall on that case if ever it would happen but as just said its been that close to impossible for it to happen unless if t there would be some huge major exploit on bitcoins chain on which transactions could be reversed or something that in connection about its anonymity or decentralization then it would really crash to the ground.
People's confidence towards it would really be wiped out but of course we do know that if there's something been kicked out in place then there's always that someone or something who would really be taking the
spot or position. In according to the trend if this happens about 10 bucks per btc then all altcoins would be crashing, just like i said earlier that confidence and trust to the market
would be totally devastated on which it would be coming to a point that crypto market would be a shithole.
Well, i cant just comprehend if ever this thing do happens, lets just accept on whats the reality we are facing now.