Post
Topic
Board Speculation (Altcoins)
Re: only the price of Bitcoin is increasing?
by
LUCKMCFLY
on 10/05/2019, 14:29:03 UTC
as we see, the price of Bitcoin starts to grow and soon the price of Bitcoin will reach $ 6000 or even more than that, but what is happening now is the price of other cryptocurrency does not increase when the price of Bitcoin increases, because usually the price of other cryptocurrency will increase also when the price of Bitcoin increases, so what do you think is happening now? does the price of Bitcoin not affect for the price of other cryptocurrency again?

I really do not think bitcoin will be affected by the price or share of another currency, so far it seems to me that bitcoin is the market leader, and a competitor against it, it is very difficult.

According to my short experience, but which, thanks to many text book readings, bitcoin still lacks a lot to accumulate, in fact bitcoin has a student structure in the market that attends to the main theories made by high speculators. wingspan.

If we analyze the market from the point of view of accumulation and distribution, we can define that now we are in accumulation now. If we look that bitcoin bullish movements have been happening these days, it is very normal, it can go up to more or less $ 9k and lower, because it is the range that bitcoin has normally seen for now, so the volatility in these prices is usually be very tall

For investors this is the best stage of the market to be able to operate and buy many bitcoins, which, for some holder of altcoins can also be. But the bullish trend I think that the price to execute is not yet ready, this is my personal analysis.