BTC explodes, what's next? the AltCoins....
With all the commotion about the Bitcoin split, BTC was taking back dominance and grabbed lots of global media attention. NEW money is flowing into CryptoLand and All Time High on the global market cap is now broken.
With all of this great news, the natural effect will be that now the AltCoins will follow and BTC will slow down.
Yours Truly,
CryptoPaul
We will for sure see market resistance at one point and there will be a dip. But whether that will happen at $3.500 or $4000 is the big question.
Resistance is something else, but BTC wont be gaining 10% a day for a weeks on a row... that's now for the AltCoins. Personally I see BTC gaining 100% over 2 months. So that's about a good 1.8% a day
In addition to that I see a couple of (High Market Cap 50Mil+) AltCoins gaining over 250-500% over the next 2 months
So what you're saying that Bitcoin's growth is not sustainable and it will start dropping before going up again?
nope, It will slow down in growth. We have seen this in the past many times. But today it's still BTC day :))