Post
Topic
Board Speculation (Altcoins)
Re: Bull run for all?
by
Jamesib1
on 18/02/2019, 08:15:57 UTC
Bull run ! Bull run!!
Please I care to know if the bull run we are expecting is actually for all altcoin,is it also including those altcoin with another wallet too.

Let's take a look at the current situation. Bitcoin's market price is seeing a small uprising compared to what it has lost throughout the last year. Certainly, it is not THE bull run, but it seems to improve the situation with all the news about ETF or JPMcoin we've heard in the last few days. It could also mean another pump & dump period, but for now there is not much we can say. We lack the proper information to be in that position. Just remember that in economy, every market works with cycles. There will be ups & there will be downs. Crypto will experience another bull run, maybe not in the levels of 2017 (because it looks similar to the first ever bubble - the tulip mania bubble in 1637) but it will certainly stay with us for a long time.

Now, to your second question. Will BTC's price rise affect other coins? Sure, there is a still ongoing correlation between top-20s or top-100 coins and BTC's price. As you can see, the market of altcoins continue to experience growth for the last few days. The same days BTC's price experiences growth as well. Will it stay forever that way? Certainly no. But, you should not worry about it for the whole 2019.