Post
Topic
Board Speculation (Altcoins)
Re: Will 2020 be bearish as well?
by
Nimbulan
on 20/01/2020, 00:31:13 UTC
The long bull market of Bitcoin means a long altcoin bear market until the price of BTC is stable at one point. The altcoins follow the price of the BTC, and the reaction of altcoin occurs more rapidly, which depends on the few variables including investors selling altcoins and converting their money to BTC. So fresh money joins the crypto markets and it goes directly to the BTC market. So we're probably going to see a big price rise next year. Hopefully to the new all time high