Post
Topic
Board Trading Discussion
Re: If bitcoin surpasses the $60K level then it will hit higher than $100K
by
ven7net
on 08/02/2021, 16:03:47 UTC
If bitcoin surpasses the $60K level then it will hit higher than $100K

If bitcoin surpasses the $60K level than it will hit higher than $100K. For altcoins I won't suggest you to hold the tokens/coins having marketcaps in billions except top 5. It is also possible that big altcoins like ethereum may drop to 0.016 BTC if Bitcoin jumped to $100K. But I am not afraid regarding Litecoin because Litecoin is next to bitcoin. Litecoin will hit higher than 0.005 btc and possible to make its resistance at 0.01 BTC. For other altcoins like ADA, Algorand etc I won't suggest to hold as in Btc these altcoins will be dropped to half (around 50% decrease is possible) even ADA has the upcoming update in FEB. But I suggest you to hold altcoins having marketcaps lower than 50 million like ARK and it is possible for ARK to having greater marketcaps than 50 billion in the future. FOR Miota and EOS the bitcoin dominance won't affect because both altcoins have faced a long term btc dominance so the bear market will prefer to hold these alts rather than to sell them.

I also did a little research on the BTC price account and there is a high probability that 2021 will be a year of growth and the BTC price can reach $ 100,000 or more. As far as altcoins go, I also bet on ETH and LTC. Litecoin hasn't shown its main growth yet and is probably looking very attractive for investments right now. I have already bought LTC and I expect its rapid growth very soon. In any case, all of us right now need to be as focused as possible on what is happening in the crypto market in order not to miss the opportunity to make money.