Post
Topic
Board Altcoin Discussion
Re: When do you expect the Altcoin rally?
by
tyz
on 12/01/2021, 13:03:15 UTC
One bad day when Bitcoin fell from $42,000 to $32,000 and possibly even more. Bitcoin's capitalization has decreased very quickly. We hope good things return soon and Altcoins will rise.
I hope what happened way back 2017-2018 will not gonna happen again. Wherein the market value of top coins such as eth and btc are extremely fell down at the same time the altcoins and did not recover for a long period of time. Such a disaster for the holders/investors of top coins and alt coins.

There are a few factors that suggest it won't happen this time. However, it cannot be ruled out that prices will correct, as they have simply risen too quickly in the past few weeks. We already had the first correction yesterday and I still expect Bitcoin prices well below $ 30k. The only question is whether only Bitcoin will correct so much and whether the Altcoins will also fall heavily.