bitcoin We are in a Bitcoin Rally, not an Altcoin Rally

[JanBomCrypto 494]

I do not check when this post was created, but we should understand that if we are in bitcoin rally today, altcoin will follow tomorrow. And later they will rally together. But there fall is worse because both bitcoin and all altcoin all fall at ones. 

[zhoutong 2188]

I noticed a huge altcoin rally that started after the Bitcoin halving. It was something awaited and many went to altcoins and prices had a nice rally until the start of August when many new Defi projects started scamming investors and everyone went back to Bitcoin.

[Jromz 2158]

Currently Bitcoin dominance is above 60 % indication a trend for investors to put money in Bitcoin rather than altcoins. Whether an altcoin season might me on the way it would depend on Bitcoin's performance. If its price enters into laterality, then it's possible that some capital is moved into altcoins, giving rise to at least a short altcoin season. 

[joemcgwa 3227]

On 6/15/2020 at 3:50 PM, Whited35 said:

I have checked your well written articles which have covered almost all the factors with the good analysis. Anyway, Corona virus pandemic was key that current crypto market is still struggling to make the stunning comeback. I still have hopes for Bitcoin's price to be raised in the cryptocurrency markets. 

But bitcoin was really preforming great during the corona pandemic still troubling the world, while fiat currencies was in very seriously crisis but we were still in bitcoin.

[Whited35 15285]

24 minutes ago, joemcgwa said:

But bitcoin was really preforming great during the corona pandemic still troubling the world, while fiat currencies was in very seriously crisis but we were still in bitcoin.

Huh? Can you remember the case of Black-Thursday when the BTC price was under $5K mark during the pandemic? As the global economy got affected at that time, BTC or Cryptocurrency market was not an exception and I wonder you are still telling it was performing good ? 

[Abdulrahman3 1252]

It is very natural that cryptocurrencies are not affected by the Corona crisis or other crises, and this is the feature that makes the idea of cryptocurrencies spread widely, especially during the global Corona crisis.

[Goyaa 2414]

In the 2020 halving, the Bitcoin rally was more dominant than the altcoin rally, only the top altcoins rallied, while the new altcoins did not increase like 2016 was the year when almost all new altcoins and coins had the same good value, it looks like the articles you share true this year only rely on Bitcoin.

[mannbdul 562]

The third increase already has occurred. However, the price appears to have remained relatively stable up to this stage. According to the analyst, it would only take 3 to 6 months for the price of bitcoins and other cryptocurrencies based on it to skyrocket. At the end of the year or sooner, the price would be over $20,000 USD. So we'll have to wait and see what happens in this situation. The priority is Cryptocurrencies.

[joemcgwa 3227]

On 6/11/2020 at 4:29 PM, CryptoResearchReport said:

 

Several weeks have passed since the Bitcoin Halvening. Weeks in which large parts of the market have been relatively quiet. Hardly any major cryptocurrency today differs from its position on May 9th, two days before the halving. Compared to mid-February and mid-March, however, a clear difference can be seen in the performance of individual projects during the Corona crisis. This article attempts to get to the bottom of this phenomenon and to draw parallels to the halving of 2016.

 

Read full report:
(EN) https://cryptoresearch.report/crypto-research/we-are-in-a-bitcoin-rally-not-an-altcoin-rally/
(DE) https://cryptoresearchreport.de/crypto-research/wir-erleben-eine-bitcoin-rally-keine-altcoin-rally/

 

 

Not all people are interested on bitcoin halving so thats while we are waiting or talking about bitcoin halving there must have some people who will be on altcoin rally.