I have been checking out a few altcoins for investment, like Spectrecoin and Shia coin (and a few others) and it seems they all have started to rise. I am waiting for my funds to arrive in Kraken and I am a bit worried that we will see a nice upwards movement of altcoins since the bitcoin price is not moving much right now.
Is this the start of the a bullish trend for altcoins many where hoping for, or is this just a temporary consolidation because of bitcoin not rising for the moment? Will the altcoin market gain momentum, what are your thoughts?
Yes, we see now the market has shown price increases even though only a few percent. but the price increase meant a lot to us, we are now feeling sick because of the decline in bitcoin prices in the past month. I hope this is the beginning of a revival for the price of bitcoin back to the top again.