Now the price of Altcoin is medium. If you look at it now, many people are involved with cryptocurrency. Altcoin prices may also be good in 2020 as cryptocurrency is allowed in many countries. If cryptocurrency goes legal around the world, the price of Altcoin may go up. Is it true?
If the price of the bitcoin this 2020 rises up, the value of the altcoin will for surely gonna rise up also since the value of altcoin is dependent on the current price of bitcoin. When the bitcoin price goes up, altcoins price will probably gonna rise up also. Lets just hope that this 2020 the effect halving will happen so that bull run will happen.
the price action on bitcoin will indeed have an impact on altcoin, so first we have to look at the price of the bitcoin pump earlier and when the bitcoin price is dumped it will be better to exchange it in the form of bitcoin. so to see altcoin grow, bitcoin must take a bullish position earlier.