Post
Topic
Board Bitcoin Discussion
Re: Coronavirus lock down boosts
by
suzanne5223
on 25/06/2020, 17:32:59 UTC
With this kind of development in Russia, are we to expect a big price movement not only in bitcoin but to altcoin generally 

Looking back from the 18th of June up until now, the price remains the same. That because traders usually doesn't make any significant price changes no matter how big or small the number of traders are, specially that they are selling Bitcoin for other alts and vice versa in a short period of time.
I'd rather say more long term hodlers buying Bitcoin will help boost the crypto market with a significant massive price movement. Majority of the alts in the marker are following Bitcoin's price, So I guess everything will pump once Bitcoin is mooning anyway.
Every utilized altcoin in the market always follow Bitcoin market trend after halving have happened and the reason why the price of the narket remain the same no matter the seriousness of traders is because those that ought to hold their investment in other to help boost the price of the market decide to manipulate it.