Post
Topic
Board Speculation (Altcoins)
Re: What if its falls! Will altcoin survive?
by
ningrum
on 24/06/2023, 21:34:01 UTC
I don't think altcoins can survive without btc, so I think the price of btc will continue to affect the price of altcoins.
some examples have been seen when an altcoin is rising, then the btc price suddenly drops, the altcoin will also immediately fall.

100% agree with your opinion, because Bitcoin is an important player in cryptocurrency, so if the price of Bitcoin goes down, then the price of altcoin will also go down, especially if Bitcoin falls, then of course altcoin would not survive, therefore Bitcoin is called the king of cryptocurrency and of course it is true.

We can now calm down a bit, because the price of Bitcoin is back to $30k again,
of course this is good news for all of us, because according to technical analysis if it can break the $31k resistance,
then bitcoin can be bullish and now the price of Bitcoin is still above $30k so it is very safe, but remember we are still at a high level of volatility,
so prepare your best strategy.