Bitcoin prices are still the same these days and it does not seem like it is moving up. At least not as high as everyone anticipates. If the price remains the same until next year and it stabilize at around $6000, do you think that it will be good for the crypto world or not? Say it does not go down below it, but it also still does not go higher than that, what do you think will be the repercussions to the market?
I think it will be fine for bitcoin. But if bitcoin steady at $6000, maybe many altcoin will jump the price and maybe bitcoin domination in market reducing. But i think its good for whole crypto market because its not healthy for market if one single coin dominate more than 50% market cap