Happy to see a new ATH of BTCBTCBTC
The dominance is such a beauty to be-hold
For those who still hold altcoin and trade in altcoin will be regretted it, like me in this bull run market exactly for previous year until now I always choose altcoin as a trading place. It is just give me a low return than if I trade in bitcoin. The dominance is such a beauty to be-hold
Yeah, as you can see in this situation the market movement just give a good return for bitcoin. If bitcoin soared there is no altcoin which will follow it, just bitcoin that has a good increase, no altcoin. But when bitcoin down, altcoin fall sharply. This thing will distrub our psychology, because when a temporary bull run comes you will feel afraid to buy because bitcoin prices tend to stagnate.
When it comes to price correlation then we can say that it isnt really correlated from time to time between bitcoin and alts and also you can blame out people not to trade on alts for the believe that those would really be pumped out just like into that 2017 bull run. We cant deny that the current rally or bullish market we do have didnt really include most alts but rather focusing on the top ones when it comes to gains or
increases..Its good that you do able to make some switch up until this very moment and able to gain since bitcoin market did really give out some good run and even breaking new heights for this year.
40k isnt something that where people do really expect for, we are just hoping for breaking that 20k barrier and now we are here on seeing 200% into its price.