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.
And what will happen, well, there will be ether for $ 50, the rest will also fall another 20-30% and that's it. Technology is not killed in this way, and the demand will of course decrease, but we must understand that there is also the real price of coins, independent of external factors.