Quote from: btc_angela on September 20, 2020, 10:46:24 PM

Quote from: uray on September 19, 2020, 11:13:38 PM

Quote from: btc_angela on September 19, 2020, 11:00:13 PM

I think it's a continue pump and dump, and after a altcoin dump, investors are going back to BTC.

With DeFi market soaring higher, people will be more inclined to make their profits when it is readily available and we will see people coming back into the bitcoin market once the hype is over. The amount of money these projects are accumulating is really high and people will take advantage of these situation.

It is still soaring with billions being locked, but we all know that one, this is just pure hype two, many noobs investors are going to get rekt when it collapses, three many are complaining now because of the excessive transaction fees. So it is just a matter of time before they realised that bitcoin is the only investment worth in the next years. And once they realised that, we will see a massive spike on the price again and could reach $16k.

Money can neither flow into alts or Bitcoin itself which is a casual thing that been do happens in the past.When hype is over then expect for people to switch back to Bitcoin and when
theres a new trend then its no surprise that there would be transitions from btc to alts when it comes to investment yet people do always aim for making profit rather than just simply
holding their Bitcoin.Some wont take the risk and some would really love to do so.When it comes to resistances then it would be particularly mean on every 1k level.
Sounds too simple to be break but to consider that this would be really a wavy ride.