When it comes to price forecasts, we see a lot of different opinions: who says bitcoin will go down to $ 900, who says it will go up to $ 100,000. In this branch, not only do I want to know by what signals and technical analysis you determine how much and when btc and other altcoins will cost?
There are a lot of factors which determines altcoin prices with the first and foremost being Bitcoin price. It is fair enough to say that altcoin markets follow Bitcoin pairs and this is pretty much evident from data. Next comes developmental things like progress through the roadmap, new additions and implementations which usually push prices up.
Then again, it all depends on if the markets being controlled by whales who are manipulating prices and predicting accurate prices becomes a hard task.
Can you tell me all of those factors to determine the price of altcoin because i only know that in fact, it's unpredictable? When it comes to the low tier altcoins and then people can easily to pump it as they want.
The progress of development doesn't mean a lot right now. The only important thing is about the major trend of the crypto that affects everything in the crypto.