Post by: newshunter on January 19, 2021, 01:00:33 AM
Analysts say Bitcoin and Ether’s growing dominance of the crypto market are signals that the current bull market is drastically different than the last one.
Source: Hedge fund predicts $115K Bitcoin price and the fall of ‘speculative’ altcoins (https://cointelegraph.com/news/hedge-fund-predicts-115k-bitcoin-price-and-the-fall-of-speculative-altcoins)
Would appreciate your opinion about this
Post by: oasis on January 19, 2021, 06:31:43 AM
Post by: TomPluz on January 20, 2021, 03:12:14 PM
The main driver for this current bull run is indeed quite different from the past boom. This time around it is the institutional money that is making things rosier every day and I am sure that more can be coming in the next few months. Let's hope that the historical winter for Bitcoin will never make a comeback again. Yes, there is that strong possibility that with Bitcoin and Ethereum winning the market, speculative altcoins can find no strong support from the market and hence they can be experiencing natural deaths.
Post by: Carnage on January 20, 2021, 10:10:08 PM