if btc retraces 30 to 40 percent when it hits 13k to 15k what will happen to alts will they fall as well or will they go up or how would it play out? only long term players please..
Most time Bitcoin and crypto coins don't follow those Fibonacci principle and some time were you expect retracing that is when another strong pump occur! I think it is speculative based and the more good news we heard the more profitable it becomes. Therefore, I will said that now is a strong bullish time and from my experience in trading in this market we should not expect a dip retracing especially when everyone is speaking good of the cryptocurrency market. The altcoins are going to recover and I expect that most of them are going to remain strong this time too.