Quote from: sana54210 on June 27, 2019, 10:21:15 AM

Quote from: vegitossjgod1 on June 25, 2019, 05:29:24 AM

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..

If there is going to be any major retrace now, I think the highest we can see would be $7k, and if I see this value again, I am ready to sell all my altcoins to buy it, so I believe many investors will consider this too, which will indirectly affect altcoins and make them decrease further against the increase that you assume it will cause to them.

We already had a 15% + retrace from high of 13 700$ . We went up extraordinary fast and we can go down as fast.
Going down to your smallest prediction - 7k would be a 49% correction from 13,7 k.
This is not impossible , since 6000 region has been a important resistance level over the years.

I think we can very easily hit 10k now as next real resistance on the way down.