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 BTC falls to $2k, then all of the alts will fall with it. But no, it won't be the end of ICOs, just a temporary setback. Crypto is still very strong and offers huge promise. I'm confident that BTC would recover from that low, and the good alts would recover too.