Post
Topic
Board Speculation
Re: What's happening with Bitcoin & altcoins?
by
ultrloa
on 31/07/2020, 10:24:35 UTC
It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
For me bitcoin is still unpredictable and it surprises us in so many ways. See? There is no clear sign that it will rise but on the past days it already passes $10K. But I am not sure if altcoins can pass bitc price. Btc is really expensive now. I know there are good alts that have a good price but is still far from $10K. Year 2017, there are rumors that ETH will pass bitcoin but until now btc is leader coin.

No clear sign but we can see some indicator on order books or any other site that gives technical data's, but we cannot rely on this 100% since there are sudden changes from time to time since we cannot control the holdings of the other traders. But one thing we can do from those sudden changes is to react accordingly on what will happen on the market since sometimes holding for long time can cause bad heart aches since it could drop our money from sudden dump.