Will the market conditions that increase to 20% last long? is it up to 1 week or last up to 1 month?
I also pay attention to the current market conditions! believe it or not market conditions will improve and last longer at the beginning of this september. many predict like that
Cryptocurrency is a speculative market. It will rise and fall and that is it's inherent property. A gain will be followed by a loss and a loss will be followed by a gain. Point is when are you going to enter the market. If you buy at the dip you are at a potential advantage.
Yes. condition is very vulnerable. a little negative sentiment towards BTC immediately corrected the price. the majority of it contains bad news and fud and if it is read it will be affected for cutloss and market stock is also very influential on market conditions, if large selling actions continue to be carried out. In my opinion, one more, bitcoin that really goes up is when the market sentiment towards BTC decreases.
See the market will never always go down or get "worse everyday" - that type of statement is temporary. What happens is that when bitcoin drops too low people who were waiting with liquid cash are going to buy it raise its price up. But I cannot say the same for altcoins. Depending on how much a specific altcoin can get support from its holders, the price may or may not rise.
So if you are coming from that altcoin background, my suggestion would be to move on from them and move in to bitcoin.