Bitcoin price has almost reached $70k and Altcoins marketing also flying with Bitcoin including most of top altcoins. But as we know that, Bitcoin halving is on the way. So i expect correction in Bitcoin price as well as the effect should be seen in altcoins market too but is that going to happened? Are we gonna have one more chance to buy altcoins with low price ? What do you think about this
Altcoins are just one such of a coin that their next move are sometimes decided by the market trend, i.e the bitcoin trend and sometimes will not follow the trend and move in opposite sides to the flow of bitcoin trend. In overall, bitcoin is the leader of all of them and they will at last follow the trend and direction of bitcoin. Buying altcoins at a low price should be now because after the bitcoin surge and how it has reached its all-time high now and mark a new one, money might start moving to altcoins which will be a sign that most of the investors have already taken their early profit from the investment before we begin to see the bull run again, when bitcoin is expected to go on a long uptrend to mark the ATH of all time.