Trader explains where Bitcoin price will go after $9k drop, believes Altcoins ar

[rasangaya]

Trader explains where Bitcoin price will go after $9k drop, believes Altcoins are set to moon




Following the third Bitcoin halving, the cryptocurrency community is left with little clarity on what the near future holds for Bitcoin and cryptocurrency in general. Well, for those immersed in altcoins, the good news is alts are likely to pump in the coming weeks as Bitcoin’s dominance continues to reduce. This is according to an altcoin trader who says all it takes is a little steadiness to see this happen.

He adds that although Bitcoin is showing some resilience at the moment, it will “bleed out slowly” and is sure to slow down in order for alts to pick up. According to Coinmarketcap, Bitcoin dominance is currently at 65.5% but has not dropped below 60% since the year began.

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[Noverteno]

I would like to see the price increase of our altcoins. The tokens we have been earning for several years, or rather, from the beginning of 2018, did not grow normally in price. Today, I see, the CoinMarketCap table shows a good increase in the price of ethereum - 221 dollars. However, the price of bitcoin is also growing - $ 9,518, and its dominance is 66 percent. That is, the dominance of Bitcoin has not yet fallen. It is very difficult to say what will happen to prices in the cryptocurrency market in the near future. We only hope that a good surprise awaits us by the end of the year.

[Andruha1993]

I would like to see the price increase of our altcoins. The tokens we have been earning for several years, or rather, from the beginning of 2018, did not grow normally in price. Today, I see, the CoinMarketCap table shows a good increase in the price of ethereum - 221 dollars. However, the price of bitcoin is also growing - $ 9,518, and its dominance is 66 percent. That is, the dominance of Bitcoin has not yet fallen. It is very difficult to say what will happen to prices in the cryptocurrency market in the near future. We only hope that a good surprise awaits us by the end of the year.

I agree with you. I have been waiting for great growth for a long time. Because my portfolio has a fairly large number of altcoins that now show a small price. I look forward to when they grow up.