Hello, I would like to know your opinion about this: What happens to the other cryptocurrencies if the Bitcoin goes to $ 2,000? I mean ICOs, altcoins, low market cap coins.
Now ICOs and low market cap coins have very bad times, but if Bitcoin goes down to $2,000-3,000 what will happen? This will be the end of ICOs?
Because I think that most of investors will sell everything to buy more Bitcoins.
There's a possibility that it's going to happen because right now the market is sliding and the price of the altcoins are also performing miserably, they are very fast to sell or dump their altcoins than to sell their Bitcoin, so this is going to be a game changer and a very much different scenario that we have seen for a long time.