Quote from: miningguru on Today at 09:57:57 AM

Quote from: Miaallen on January 17, 2021, 10:39:54 PM

It doesn't seems the price is going beyond this $40k as it appears now considering the dwindling of the price since it was around $41k about a week ago. And the Cryptocurrencies market experts also predicted that the price would start to fall in the first quarter of 2021 which we're already.

Exactly, now we are experiencing the downturn in Bitcoin price which seems to be most of the altcoinss will lose its value. Still, nobody doesn't know at what price Bitcoin will become stable and once the price of Bitcoin becomes stable, we might experience upwards trend for the altcoins. We don't know what is going to happen for cryptocurrency.

The price of bitcoin always influences this market we always know it, but the current trend everyone has is feeling a bit similar to when we expected it to surpass ATH $ 20,000 the first time. And I see a lot of people are scared, but nonetheless, like you said, nobody knows what the future will be like and so does bitcoin. The confidence in alt season will be great if news happens, I believe we will have more surprises soon.