Post
Topic
Board Speculation (Altcoins)
Re: The bull market is back? BTC is 57k
by
elisabetheva
on 06/05/2021, 12:19:44 UTC
If it will be stable at $57k, that would be a good position for bitcoin of staying there but I doubt that it will be staying there for a long time. It's always as volatile as it is and won't really that have time to stay there.
Probably it is struggling to get back at its last ATH but it will be back there anytime soon.
In fact, with bitcoin being stable, it is good for bitcoin itself to move forward, the most important thing is to provide altcoins to develop and it is evident that with the stability of bitcoin, many renewable ATHs have been formed from altcoins at this time and of course will excite the bounty.

for bitcoin itself at the current price is to prepare itself for a move to increase again, there may even be an attempt to break through $ 75K which is a crucial number that bitcoin has not been able to penetrate, once it can be penetrated there will be a better movement from bitcoin.