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.

Check here: Visit