Who watched BTC chart this morning? It looks like we have to retest 44,000$ once again before 50k becomes a reality, what do you think? I'm learning more about chart reading and I believe I'm getting somewhere, maybe if BTC find it's way over 50k altcoins will benefits once again.
At the moment i am happy if we are not going below 42k USD per Bitcoin or even below 40k USD again as the last 2 days saw some big corrections after the increasing prices of the last few weeks or so. I agree with you though that the whole crypto market is still highly depending on Bitcoin. Usually Bitcoin is the first project that is beginning to rise and the altcoins don't follow immediately. We first need to see a longer period of growth for Bitcoin in order to see the altcoins rising too. Then usually first the big altcoin projects will begin to rise in price too and then we need this to happen again for a few weeks before the small cap altcoins also begin to rise.