Post
Topic
Board Altcoin Discussion
Re: Is this a bad time for altcoins?
by
Sendi blackspade team
on 19/06/2021, 05:31:25 UTC
It is not just a bad time for altcoins, BTC too. Looks like is bearish season now,let us face it.
The price of BTC is relatively stable and has not fallen much, but the same is not true of altcoins.When BTC goes up, altcoins don't go up, but when BTC goes down, altcoins dive.
all cryptocurrencies are in a slump right now. but if you look at bitcoin, it is currently doing a consolidation movement, so the opportunity to go up is still wide open, especially bitcoin is still in the correction phase.
it's been a few days since we have seen bitcoin move like this. there was an upward movement but also immediately corrected. This all makes the growth of altcoins also disrupted while making a price fix. what is seen in almost all altcoins is a continued decline.
although there is still the potential for a pump to occur in bitcoin, we all must also be prepared for a deep dump to occur. This situation really confused a lot of people.