Topic: What's happening with Bitcoin & altcoins? - page 5. (Read 784 times)
What happened is what is usually happening. Bitcoin is going up and many missed the train. Some think that they know it all and call for 7k for a month now as they sold and now will have to rebuy higher. This is why I don't trade, I don't like missing the train and buying lower and lower amounts of Bitcoin. This is what trading always does with Bitcoin. Makes you lose opportunities.
Lets think about what altcoins are and what they're ACTUALLY doing. How many altcoins actually fill a current real world need, right now? Very very few. Altcoins in my opinion are mostly all about pump and dump and bitcoin tend to be the tide that rises all boats. Bitcoin is on a nice run and altcoins are following as they usually always do. Nothing more.
The bullish trend is happening now where it starts with the ETH which used to pump quite high but now Bitcoin has almost redeemed $ 11,000 I think it's not the whale that controls the market so prices can soar like this, but I'm sure there is a strong commodity against high demand so that this could trigger a current increase.
If this has happened then there will be an impact on altcoin too, but I don't think it will increase if they have strong power then nothing will increase.
But I think the altcoin season will come too.
If this has happened then there will be an impact on altcoin too, but I don't think it will increase if they have strong power then nothing will increase.
But I think the altcoin season will come too.
It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
OP,your post reminds me of an old crypto market joke:
Bitcoin price: stays stable
Crypto investors: What the hell is going on with Bitcoin price?
Bitcoin price: starts going up/down
Crypto investors: What the hell is going on with the BTC price?
Anyway,yeah,some altcoins might bring bigger profit margins than Bitcoin,but I don't care that much about altcoins.
The current Bitcoin price pump might be a short term bubble,a long term bullish rally or something in between.
I don't see an obvious factor that helped for pumping the price.It seems that optimism is spreading across the crypto markets.Maybe new people are joining the crypto world,seeking for safe heaven assets.
Great! you asked,
In my opinion we should just HOLD and wait for Bitcoin to go beyond 20k. In my opinion it will go beyond that price range by the end of 2020
In my opinion we should just HOLD and wait for Bitcoin to go beyond 20k. In my opinion it will go beyond that price range by the end of 2020
Bitcoin is bitcoin. what I mean is that it doesn't matter whether bitcoin will soar far beyond from its current price or do a contrast movement because it is still the coin that is widely known and use in the world which means it is already accepted.
It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
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