Post
Topic
Board Economics
Re: When bitcoin prices rise up the market also will
by
MMysterious
on 28/09/2018, 01:47:03 UTC
indeed, when the price of bitcoin rises, the market prices of other commodities also go up, maybe bitcoin can be said to trigger market prices, and vice versa when the price of bitcoin goes down. if we can take advantage of moments as best we can eat we will get the maximum benefit

Yes, Technically thats true. When bitcoin price rises all altcoins soon will follow and it will rise as well just like bitcoin. The whole crypto market is moving base of bitcoin price behavior so I can say that the market is still dependent to bitcoin the so called crypto king. Soon bitcoin will be the digital gold. But as of this moment we dont where bitcoin price will go. The bear market still on power but I think that the next 3 months will be good for crypto as a whole.