Post
Topic
Board Speculation (Altcoins)
Re: here comes the alts days?
by
investgarant
on 21/06/2020, 01:52:55 UTC
I think this year's Bitcoin will go up in the ATH area and with it will grow altcoins, then there will be a decrease in the area of 6-7k and after that will start a new hypercycle of growth.
can your theory be used for current market conditions? bitcoin growth on ATH is still fairly far. although it might be achieved it will not be followed by altcoin for a large scale. current market growth is different from before. the market adoption of new projects is not as large as before. it will be difficult to talk about ATH.
To reach ATH it needs to make only x2 and altcoins to the dollar will grow with it, then the bitcoin will go into altcoins and then down again.