Post
Topic
Board Altcoin Discussion
Re: WHAT HAPPENS IF BTC TOUCHES 100K ?
by
Darooghe
on 14/11/2019, 11:47:16 UTC
What happens if BTC is still rally to 100K ?
ALTS ?? dump to zero
This is nothing new with the crypto market and if you look at history, altcoins tend to be correlated to Bitcoin's pricing. so i predict that history may repeat itself. high Bitcoin prices will generate interest in cryptocurrency as a whole. Some of the new investors will discover altcoins, and choose to invest. As a result, a Bitcoin bull run should have a positive effect on all altcoins with strong fundamentals, due to increased awareness. so In my opinion the prices of altcoin will rise too. this could be wrong, but value of other altcoins such as TRON, Vechain, Cosmos and Chainlink have already seen increases in value along with the increases on the value of BTC.