It's been a tough few months for Bitcoin since the beginning of the year. Where do you see it going over the next few months? My money says it will be around $13,500.
i am not sure where bitcoin is going to go but if price breaks above $12000 then there is a good chance that it starts rallying for good and fast. so it may get past $13500 pretty fast.
The market in general is still tied to Bitcoin, so a rise in Bitcoin's price will see it move up overall.
it actually can have the opposite effect too, since as bitcoin rises it also attracts all the money in the market so altcoins can drop harder.
I am hoping within the next couple of years (preferably sooner) that the market will start to move independently, but the fact remains that (like it or lump it) Bitcoin rules the waves for the moment.
as long as they are called "alt"coins and are created to pump and dump nothing will change