Post
Topic
Board Altcoin Discussion
Re: Is it right time to Buy Alt coins now?
by
Sayeds56
on 05/03/2021, 05:11:22 UTC


The BTC has made history today  and broke its all time high record. It is currently trading around $ 20500 to 20600. BTC Dominance Index is around 65% which is very High. I personally think that it is the Right time to take entry in Good Alt coins ( Ranking from 2 to 20 on coinmarketcap). I believe that History of 2017 will be repeated soon. We will soon witness Huge rally in Alts. It should happen when BTC will stabilize around current levels and BTC dominance Index comes down to below 60%.
From yesterday night, market getting dump again. Bitcoin already break down the $47300 support level. Now the whole market again red. If you can buy now, you entry will be profitable very soon. Waiting for a new ATH.

The BTC price is not stable and fluctuating  from 52K to 47K, that's why Alts are under pressure. Once BTC price stabilizes above  50K, we will see another Rally in Alts which is expected to be stronger than previous one. DOT, ADA and LTC are good buys at current rate.