Quote from: usekevin on February 14, 2021, 08:48:44 PM

Quote from: DashingAgent on January 14, 2021, 08:50:20 PM

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.

It may be the next prediction in the bitcoin price. Over a long time, the price of bitcoin was predicted to the value of 20,000$.But now it had crossed that and in additional it reach the value of 40,000$.Now the prediction was up to the next level of 60k$.But their is no wonder on this.And I don't think it will reach 100k$ in a period of two years.

yeah i thought so too, 100k might be the target in the next bulls. and the next bull market will not be there before the bears occur. So it won't happen in this immediate future. maybe during the next halving or when bitcoin has reached the max supply. I was more worried about the impact it would have if this target came true. Bitcoin dominance will certainly get stronger and altcoins will be under heavy pressure in the future.