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.
The low chance the price of Bitcoin will go down to $2,000. And now when I see your topic, the exchange rate of BTC overcome $4,000. And I think if the Bitcoin dropped to $2,000, the investors would get into a state of panic and they will sell all cryptos to leave the market, and ICO project will die due to the depression of Ethereum.