Bitcoin reached already Resistance at 11.6k and failed for now. Can we predict an Altcoin recovery as soon as bitcoin corrects to 10k ? oR do altcoins recover first if bitcoin is stabilized?
I actually do not know if i should hold btc or buying cheap alts or waiting till alts start to recover.
i would appreciate an experienced answer.
We does not know exactly what will really happen but we speculate cryptocurrencies future. Bleeding of crypto coins will never stop, because it is so volatile and sensitive anytime it will rise and will drop immediately. Even if it will rise but anytime it will drop again so bleeding will stop and that is the characteristic of a crypto currency. But all alts are following the trend of the bitcoin so possible if bitcoin rise, alts will rise also.