Post
Topic
Board Speculation
Re: If these resistances are broken, the price of bitcoin could reach $ 16,000
by
CryptopreneurBrainboss
on 19/09/2020, 18:31:12 UTC
Altcoins must be dumped in that time. We need that fuel to go in BTC directly.

And that's my worry as I'm trapped in altcoins, thought I could get some quick profit so went in big before the first market correction but unfortunately the bear trapped me and now I have 90% of my funds trapped in altcoin and they keep falling with every bitcoin red candle. The optimism I'm seeing here is quite unbelievable. We're already discussing resistance at $13.5 when bitcoin is still struggling to cross the $11k  trading price.

On the only hand both market can moon simultaneously, without having to drain funds from one market to fuel the other. The hype on Ethereum 2.0 and DeFi aren't dying down anytime soon so bitcoin would had to turn to other avenues for fund maybe new Investors.