Post
Topic
Board Speculation
Re: BTC staying above $67,000, will it reach all time high?
by
Eternad
on 25/05/2024, 09:33:35 UTC
Exactly, according to the content of my thoughts, I also really believe that one year after the halving there will be a very short bullrun and make altcoin prices return to a fairly high price increase. We must be able to maximize moments like this to make huge profits. We have to buy coins first when prices are cheap like now. When the price rises in the altcoin season, we can sell and withdraw the profit we have made.

Imho the current price of altcoins is still high since it’s close to the ATH. I’m not sure what kind of high price you are looking for on the next bullrun but altcoins market need a lot of fresh money just to pump the current price to the new heights since there’s still no major price pull back after the ATH because Bitcoin still never experienced this major correction until now.

Price should correct harder for altcoin before it can move forward above its ATH or else it just stagnant when Bitcoin is already pumping or it will correct hard since Bitcoin dominance will just increase that time.