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.
If ever Bitcoin will have such low market value it will just indicate how bad the market behavior is so the tendency is that the market prices of many cryptos will be also at their deepest since many coins are dependent with the price of bitcoin. But let's just hope that such thing will not occur because the market itself will be having huge problem to make a comeback.