Bitcoin Forum

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?

Bitcoin is bitcoin. what I mean is that it doesn't matter whether bitcoin will soar far beyond from its current price or do a contrast movement because it is still the coin that is widely known and use in the world which means it is already accepted.

Great! you asked,

In my opinion we should just HOLD and wait for Bitcoin to go beyond 20k. In my opinion it will go beyond that price range by the end of 2020

OP,your post reminds me of an old crypto market joke:
Bitcoin price: stays stable
Crypto investors: What the hell is going on with Bitcoin price?
Bitcoin price: starts going up/down
Crypto investors: What the hell is going on with the BTC price?

Anyway,yeah,some altcoins might bring bigger profit margins than Bitcoin,but I don't care that much about altcoins.
The current Bitcoin price pump might be a short term bubble,a long term bullish rally or something in between.
I don't see an obvious factor that helped for pumping the price.It seems that optimism is spreading across the crypto markets.Maybe new people are joining the crypto world,seeking for safe heaven assets.

The bullish trend is happening now where it starts with the ETH which used to pump quite high but now Bitcoin has almost redeemed $ 11,000 I think it's not the whale that controls the market so prices can soar like this, but I'm sure there is a strong commodity against high demand so that this could trigger a current increase.

If this has happened then there will be an impact on altcoin too, but I don't think it will increase if they have strong power then nothing will increase.
But I think the altcoin season will come too.

Lets think about what altcoins are and what they're ACTUALLY doing.  How many altcoins actually fill a current real world need, right now? Very very few.  Altcoins in my opinion are mostly all about pump and dump and bitcoin tend to be the tide that rises all boats.  Bitcoin is on a nice run and altcoins are following as they usually always do. Nothing more.

What happened is what is usually happening. Bitcoin is going up and many missed the train. Some think that they know it all and call for 7k for a month now as they sold and  now will have to rebuy higher. This is why I don't trade, I don't like missing the train and buying lower and lower amounts of Bitcoin. This is what trading always does with Bitcoin. Makes you lose opportunities.

Take time to look again at bitcoin's price and hoping that you won't be surprised if you see its price. There is a clear sign that bitcoin is pushing its price upwards and within a day it has closed its price to $10,800.

Yes, that's the price! $10,800. Check the price trackers so you will have the idea that bitcoin is still the king and those signs that you haven't seen before, they are starting to show again and it's more visible just like the old times when a bull run is about to happen.

I think it was just normal in the market, and in the past year, we know bitcoin movement and volatility.

It doesn't really matter if what these guys are thinking since they are not really going to affect the market price of bitcoin, But still altcoins could still be profitable even at this day you just need to be careful of what altcoins you are going to invest to.

Just be patient you cannot assume in the price of bitcoin but it is always possible to pump at any time.

That is the reality in bitcoin and altcoins. They are volatile and not stable. So, it's better to hold and wait that it's ptice will go beyond  $10k in the future.

I'mma use other words and say it's uncertain times for cryptocurrencies. That's basically it, as it has been for a long time and as expected especially after halving. This is a time to either get out if you're weak, get in if you're willing to get into a wild rollercoaster or sit on the side and watch. Fake bull flags have happened before, so expect just anything. Welcome to crypto :)

These kind of words can be mostly found on to those people who do just recently get in into this market or even to those who are old which still cant accept this kind or level of volatility on where this market do had.

Lines like these are common and yes you are right with that uncertainty matters which is inevitable.When you do expect or have that high hopes towards profits or easy money then
expect for this market to fucked you up.

Deal with unexpected things to happen because everything cant really be that predictable.

IMHO, Bitcoin is basically tracking with gold in terms of it's rise.  Gold has hit record $s recently.

It seems you're right. Bitcoin and altcoin bullish trend was a coincidence in the bullish trend to the price of gold.

Gold as of now was in 5.79% in 24 hours volume in the market.
https://i.imgur.com/FGZeQoj.png

While Bitcoin price volume is 11.19% at this moment.
https://i.imgur.com/NCeQlTo.png

The most anticipated event was now leading to going to be true. Holders now happy to see their portfolio that have profit if they invested Bitcoin last month at range of $8k.

I feel the surprise but we all that happy to see the rising sentiment of the market today. And what next? It's all been uncertain and you can't just escape into a possibility that it turns back down in the coming days. The market will remain unpredictable but many experts foresaw a better trend in the 3rd and 4th quarter, seemingly it caught attention by then to think positively amidst the pandemic.

The leading two coins Bitcoin and Ethereum have already skyrocketed, hope to see the rest of altcoins to follow the same as being like in the 2017 Bullrun.
But I'm not sure how it works because investors are focusing more on the leading coins in the market which is pretty hard and seems hopeless for those who are in the bottom.

If we will have good performance in the next coming weeks, by the end of this year, we will experience a very good rate of bitcoin as well as the top alts like eth. I am interested also about this upcoming Eth 2.0, will the impact be significant in influencing the eth price? People are now in good mood as we are seeing this bitcoin's price again for so long.

This is great news for us while seeing bitcoin reached that profitable value. Good thing for holders who kept holding their asset in the middle of the pandemic, and I knew it wasn't easy to control dumping your coins even if it's needed due to financial crisis. However, both bitcoin and altcoins still got the biggest potential to pump once the economy will recover completely.

That's a big difference in the price between the days. If I'm not wrong the price of bitcoin has been making big change in the market compared to the altcoins. Crossing the $10000 barrier is expected long back. For some reason this has got postponed and now things have been getting better and better. Probably the growth will continue making the predictions for the year come true.

hopefully this is not merely manipulation, in the midst of a pandemic that occurs the market moves forward to continue to grow.
I personally think this is the effect of halving bitcoin this year to get ATH back to raise the prestige of altcoin as well.

Maybe your view change now?that Bitcoin already break that $10K,10,500 and even 11,000?

This time you may believe that Bullrun is possible to come this year?

altcoin on the other hand altcoins seems to be still struggling aside from Ethereum that going high together with Bitcoin.

It's so ironic that your name contradicts your statement.
You should be the one orchestrating a technical analysis supported with fundamental news about Btc's next price movements, and not the one who's asking suggestion from other people. Your post sounds like you're the one who's getting tips from fellow members.

Anyway, Bitcoin is showing a rising trend from the past couple of days surpassing the stubborn resistance $10,000 level. That's a clear sign of an upward movement already, infact It even touches the $11,000 level yesterday.
Altcoins are majorly following Bitcoins trend.
Lastly, whales might be responsible for this rise, but people are still accumulating because of the 2021 post halving price predictions.

Op I think you are now seeing what is happening in the market currently and I am seeing a further push towards $12,000. Many institutional investors are investing currently and many people are getting in so that they will not get disappointed like 2017.

I think I read this in the right time.

The price are now pushing towards $12K, the awaited price is now here and the thought of Bitcoin increasing less than other altcoins does doesn't mean that Bitcoin is not better. You can't expect Bitcoin to increase 2x like other lower altcoins with lower price that has a potential to do it.

Hours after posting this thread?the price of Bitcoin,Ethereum and  Ripple goes  Wild,Imagine after a month that being under the
USDT value finally XRP find its way to His regular rank.
Hyping more than 7% now?
well Altcoins maybe holding the moment before finally taking the great Move towards Real Bullrun.
Skyrocketing at $11,300 yesterday  and drowning to bellow 11k,not it is consistently taking the domination and  EThereum never  left behind and Ripple.
I will have my Popcorn watching this scenario now,if bitcoin did not fall down to below $10,000?then this is what we are waiting for.

The price of bitcoin is gaining resistance over $11000. I'm sure the price will stagger within $10800 - $11200 for few weeks time. Maybe after that we can experience price increase with bitcoin. On the other side altcoins weren't growing same as bitcoin. This means this can be considered as a right option to invest on altcoins, as the altcoins bull trend will happen soon along with bitcoin.

There are 2 scenarios that I'm seeing with the recent pump of the market.

1. Just a normal pump and dump scenario that has been happening for a long time already.
2. This is what the holders are waiting for. An upward movement and a possible wave 5 scenario :D.

Either way, I'm just happy that the movement of the market after weeks of being sideways is on the upside but still I remain vigilant and waiting for a dump to happen.

Currently Bitcoin price is on the rise. It's hard to tell if this will last but many expect that this upward trend might continue or at least keep at current level for a while.
Some altcoin investors sell the coins to invest in Bitcoin so the price of some altcoins is going into opposite direction compared to Bitcoin. All in all nothing unusual I would say and nothing that we haven't seen before.

With a final dump result for sure. The question is how far this bubble will attend

I doubt that this is the case if we look at in any dominance chart Bitcoin impressively has sustained it's market dominance at above 60% of the total market cap showing that BTC is still holding the biggest share in the crypto market. It would be harder for other cryptocurrencies to pump if the biggest share is on the top cryptocurrencies, so maybe the ones who you are seeing going up are just price pumps without volume  which happens all the time to less popular cryptocurrencies, in other words this isn't really an "alt season" if that's what you are asking.

Move this thread if your main purpose is to speculate altcoin price movement.

Actually, the altcoin price movement is depend on bitcoin price movement. As for if there is an altcoin price that increasing a lot it is because the market of bitcoin is good also. Maybe, the altcoins which already increased a lot have a good fundamental factor.

Like ADA as an example, this coin has good fundamental factor because the team behind ADA will upgrade the ADA's system and many people believe that the upgrade will give a good effect for ADA's price and that has been happened. And I don't think that the increase price for altcoin due to whales, because as we can see now the price still high.

Don't be fooled that it will just always be whales who can move the price upwards.
There has been a bloody effect on stocks and commodities which could also be one reason into the sudden switch if investors.
It may be alarming for them and suddenly there is the panic that might be happening.
Consider that as also one of the causes of why bitcoin and altcoins are slowly moving up.

btc done crossing 10k level and it stayed there for quite some time  . thats one of a sign that a coin can continue to rise if not rise it will only go down cause by traders that already waiting for the moment btc reaches 10k level  .  its not possible for an alt to increase more than btc and no one on the history of crypto have done that to btc  .  or you mean to say increase by the means of percentage  ? , you should be clear next time  . we shouldnt think negative , this is a legit pump that is happening and lets do the right thing  .

Pump and dump is not really all that different from what investors wanted and was looking for, not only because it has pump in it but because it is inevitable most of the time.

Pump and dump usually means that someone pumped it to make a profit, then they will dump it when they are done, so a knowing and willing increase of price without care of its demise after it is dumped, but bitcoin can't be like that, there is too much money and too much people involved.

However it could mimic pump and dump, which it has for a long time, when bitcoin price goes up because people think it should and they buy it, however there are so many people who also own bitcoin as well which think the price went up enough and they would like to dump their coins for a profit which is not a wrong thinking. Totally different people, totally different reasons, but when you look at it, it "looks" like pump and dump.

The market revolves in circle and the sooner we realized that the easier it'll be to outsmart the market in profiting from it. Few days back, most cryptocurrency enthusiast would had easily said we're in the altcoin season that bitcoin won't moon for sometime but I guess the recent movements of the market has shattered that thought.

Understanding that money moved form one coin to another is a key fact as few weeks ago, most altcoins were mooning and after profit were taken the next available coin which was bitcoin and ethereum that didn't partake in the mooning trends automatically has to be the beneficiary's of the profits gotten from trading the altcoins.

The same thing will repeat itself in the coming weeks or months, you just have to be prepared when that happens and most have already gotten into a better position to profit from the market direction.

It already happened since from the beginning on where in mention of circulation of funds then its nothing new that this will be on between alts and bitcoin itself.

When it comes to sentiments or analysis that had been shattered then its always been like this due to unpredictability of the market.For people that had been
here on this market for a while now then these kind of movement wont really give out any question into their minds. Prices between the two can either not or
do collaborate in a particular manner.

Guess what level we are now, bitcoin trading already at $11200 at the moment, that's another level of achievement this year.
We have achieved the current high this year already which is $11300, so just relax and enjoy watching the bullish moments of bitcoin and we might fly from here.

Remember, we are still in July, so if bitcoin will be bullish for the rest of the year, well.. what can I say, a new ATH for sure.

The bubble hasn't even begun and you're talking about the crash afterwards?!

$250K-$350K is as good of a guess as any, especially since so many people are aiming so low. Most people around here are speculating on $25K, $50K, $70K, $100K. Extrapolating based on past bubbles yields much higher results.

I think people get too used to certain price ranges (like $10K) that they can't conceive of what exponential gains really look like. They also focus too much on things like market cap, which are relatively meaningless in a bubble. It's all about available supply on exchanges. Very little volume is exchanged at the top of a blow off top.

That’s a good piece of thoughts and its true that the market always move like this, bitcoin can either pump or dump at no specific reason. Maybe says because of gold is rising as well, and many says that the bull is here now but all of those are just speculation, it you become more greedy then you might miss this chance to sell your bitcoin or to buy more. The strategy that you have should work on this, if there’s an opportunity to earn profit do it with bitcoin and always monitor the trend.

I like both scenarios, and I strongly agree with the number one because the price already reaches the highest price, but then the price is down to $10k. So that can be a normal pump and dump that will always happen in the cryptocurrency, and I think all people now enjoy the new stable price at $10k-$11k. The next target for bitcoin price will be at $12,500-$15k, but I don't know when that can be reached. We have a chance to buy low and sell high this time because the bitcoin price movements still happen.

Give it a few more weeks.
If it doesn't move down then it may not be just a temporary one. I am really hoping this is the new bottom.
There may also be a better reason to this than just always using whales as a basis of every pump of bitcoin and altcoins.

It could be that people are learning more about cryptocurrencies due to lockdown and they are now riding the boat.

Yeah people are worried, if they get in right now, they would be getting in AFTER it moved up, which would be very scary and that is not really something that we should all be doing that easily, because all want to make it possible for people to actually get in low if they can, not when it is up.

However if they stop now, they could miss out on the next increase as well, if nobody gets in the price won't get up obviously because it only gets up when you buy, but if you wait and others get in, you are going to miss out on a lot of stuff which is scary. Yet if you do get in that means you are going to risk it and it could go down, it has been up for a while, there could be a correction and while others made a profit when it went up, you would be losing money because it is going down.

Well apparently it is a bullish period for altcoins--but who knows how long that's going to last?  Nor can anyone say with certainty why alts perform better (or worse) than bitcoin at any given time.  Before the coronavirus outbreak, all I kept reading was about "altcoin season" and questions about when it was going to start.  I think a lot of traders have been itching to get back into the altcoin market for a while now, and it seems like some of them have.

Yeah, even with bitcoin crossing the $11k mark it's still nowhere near bubble territory.  If the price got to $25k within the next 12 months (and I just picked those two numbers out of a hat), then I'd say bitcoin might be in the red zone and then I'd be concerned about a crash--but not now.  It's way too early for that.

Indeed.  Back in March or so when bitcoin (and the stock market) were crashing, I would not have predicted we'd see the $10k point being breached, and I think I even wrote that in a couple of posts.  So yet again I'm surprised at how unpredictable bitcoin can be.

Hello am new to this chat room please i want to ask why some of the Altcoin is not going up with bitcoin as it stand some rather are falling is there any reason for this ?

What do you mean that you are new? looking at your profile, it seems that you have been a member in this community since 2018? Or I'm I missing something here.


That's the nature of bitcoin though, there will be days that it will go sideways, just like what we have seen after the halving. But just this week alone, the price seems to increase in massive proportions and who would have thought that it will breach $10k like a butter and then goes on to go as high as $11,300.

Altcoins are not far behind, but only a few of them grow because of the news about Eth 2.0 and then the Defi hype continues as more investors continue to ride on the bandwagon.

No clear sign but we can see some indicator on order books or any other site that gives technical data's, but we cannot rely on this 100% since there are sudden changes from time to time since we cannot control the holdings of the other traders. But one thing we can do from those sudden changes is to react accordingly on what will happen on the market since sometimes holding for long time can cause bad heart aches since it could drop our money from sudden dump.

Rest In Peace "Alt Season", July 20, 2020 - July 27, 2020. Killed and eaten by the almighty king of cryptocurrencies, Bitcoin.

Buy the dip, and? 8)

Bitcoin has no clear signals in the short term *. That is what makes it so unpredictable and not because it changes its price but because of the stripes in what it does, bitcoin may have had a sustained growth to overcome the 10,000 barrier, apparently definitely (we will see), but it had a growth above 14%.

There are altcoin and its derivatives that its holders move in hundreds of thousands (even millions) of their currencies so an increase of a few pennies can mean a lot of profit, that even in some of its holders may have years of Hodl waiting for a significant increase . So the term time bomb is relative in the individuality and importance of each owner of those Altcoin.


In terms of percentages! which is the only way it can happen. In this sense, some may have large increases but even in the recovery phase, after steep falls.

For those who do wait up for alt season then  they would probably feel on  what you have said but basing of on movement then most top alts do able to handle and can move out the same on where BTC is going
and the rest? They are moving sideways which isnt surprising.Defining altcoin season do mostly happen when bitcoin market is tanking or moving sideways and the rest will depend if it will
correlate on bitcoins price or would stay up the same.

Thats familiar dynamic, a good alternate take is to consider price in dollars as a ratio not just BTC.   If BTC rises alot it puts pressure on anything valued in BTC as they both become more valuable with that rapid change recently this is not new.   This is the same in many markets, theres always a push and pull between commodities and currencies in contrast to each other.   BTC moving alot is disruptive to a few others and especially alt coins as the smaller of the two will give way most often.

This happens and there times that it is the opposite.

Remembered how ETH pumped its way in 2017 and BTC went down so bad. Either way, we expected this to happen but not the same as the altcoins being stationary.

For now, let's just wait since we should also expect that the price will go down, that might be a time for some altcoins to shine.

There's nothing wrong indeed, depends from how the creators will make progress that's the thing that will bring them into this trends.


Good catch for every investors who entrust their investment to this project, after that huge dip it's now breaking its way to the top,
expectations coming from those spectators will create more rise to this project.

Yeah maybe some people think that altcoins grow out of no where, the team behind the development is the core of the success of the coin so if an altcoin price is surging that is because of the speculation of the people because of the progress that they are making, in short people are trusting them.


As for eth is concern this coin already has its name mainly for being the 2nd in the market after bitcoin so doubting it would make us fool to believe that it will not be running with bitcoin. No matter how low it gets, it will rise just like bitcoin. This year, I see ethereum being bigger than the bitcoin in terms of price increase percentage, bitcoin could just be 2x of its price right now, ethereum could get 5x.

Overtime I feel like it will average out, there will be a time when bitcoin will be valuable but not volatile, it will definitely have an increasing effect and the prices will be definitely high but the volatility will drop. Why do you think it is volatile right now?

Because it is basically at a stage where the volume and liquidity is very very low compared to what it can be, which is why I believe there is so much volatility and that is why I think there will be a change one day, it may not be quickly, it may not be slowly but it will definitely get to a point where it has so much volume and so much liquidity that the price will not be capable of changing that quickly. Of course even the biggest stocks with tens of billions of dollars changed every day moves a bit, but not at bitcoin level.

yes, ethereum is more familiar with the situation than other altcoins that still have problems with themselves. ethereum can get closer and follow the steps of bitcoin every time there is a sharp increase from bitcoin, this is certainly a step that is eagerly awaited so that it can continue to move towards a positive direction.

actually other altcoins have also started to show a positive direction, but they still have constraints within themselves that cannot be fully controlled. with the development they will also receive the impact of the increase in bitcoin although it may be too late compared to ethereum.

In terms of percentage many altcoins are bumping more that bitcoin everyday but one coin is not bumping constantly that is what makes the difference of altcoins.It is not good to invest on a coin just because the price jumped randomly in an insane amount because probably it has been executed by the whales.

I like to think that it has something to do with the supply, we are two months after the halving and we now feel the effect of the halving and of course besides the fact that many companies are going cashless and Cryptocurrency is one of the choice, we have seen the floor now we are moving up as we expect this to happen but not this fast.

What's the story now, who is smiling, is it bitcoin or the altcoins? For the record, don't ever short bitcoin as you'll end up regretting that decision. When OP wrote the thread, I believe he must have doubts of bitcoin been able to break the resistance it had at $10k price mark but look at the market today, never bet against bitcoin.

The alts that were on a roll back then are mostly in red now. Bewise, not advising against trading alts but be very cautious when engaging m them. They can be very tempting and may cost you more then your initial lost if you get too attaches. Understand they're just distractions and focus on staking sats. Used them though to get more sats.

Short Bitcoin is just a form of selling, depends if that person is extended in their liabilities or not.   Never short anything is a pov as the price can spike if the trade gets crowded.   Like for example look up how VW became the worlds most highly valued company for a time, it was shorted but then received a take over bid and the short sellers had no way to buy back their shares at any price.   They were over balanced and should have taken profits as price does not determine value, they relied on market liquidity and it dried up instantly one day.
   BTC can obviously receive alot more attention, alot of buyers can come into this market but most of the time its just the regulars pushing back and forth trying to trade it.    Its really easy for shorts to get wiped out with a limited resource.    I usually expect pullbacks because I think too many hold BTC with their fingers crossed and worse is being extended with any kind of leverage, if thats the average we will pull back for sure.
  The Federal Reserve is trying to make you believe long everything is correct, they'll inflate all prices but they are the Wizard of OZ and behind the curtain the reality is alot less impressive.

With bitcoin and altcoins there is differential growth. Bitcoin and altcoins grew mutually till some point, and further there is growth with bitcoin while altcoins remains to stabilize. Further the market turned green and soon it has changed back to red. Now there is growth with bitcoin and no big change with altcoins. Maybe this can get profit for users who invest at the moment and hold for the new ATH.

red and greens are already part of the market  . not also true that alts are now stable but they are actually continue to grow with smaller amounts

pump for alts are still here , it means it is really a season for them and not just a temporary pumped  . i believed that many people already enjoyed thier profits and some could still be holding for now  . btc on the other hand is not struggling to gain some pounds  . this is good because its not only a bullish time for alts but both of the coins are  .  

At the beginning of this growth altcoins have been performing better than bitcoin but it seems that bitcoin is slowly regaining ground which to me is a healthy sign because whenever I see altcoins outperforming bitcoin in such a massive way I cannot help to think that the movement is fake, after all how can the rally continue when the most important coin that represents 60% of the market is not moving as fast as those coins.

Having an option isnt really that bad as long you do able to make up some gains but majority do really consider on holding alts and believing that this is much better than BTC.

Yes, it can possibly give out that high profitability yet value isnt really that much or big but in terms of long run aspect then we can really say that BTC would always have that thing in the end of the line.

uncertainty and doubts are common but for those who do risk and believe on will always be the one who will able to make some profits.

But in the end of the day we can't trust them 100% much since  some of the alts out there is just been pump due to the hype given by those supporters and it will just temporarily happen so maybe best to became selective and put our focus on the main coins like BTC and ETH since this two big coins can give us profit and funds security by now.

Not trusting them 100% isn't effort, we can't trust them at all. Just see them for what they're because eventually there's will be a better and more improve altcoins solving same problem your so called altcoins is parading himself to be solving. Never get attached to any of them or you'll end up losing your funds. Many think they're doing quite well but comparing the sats value of your invested capital and what that coin you bought is worth in the future will give your a clear understanding why holding bitcoin is superior to any of the shitcoins out there.

Just used them to get more sats and you'll be fine, never consider them to be your number one priority. I always advise my folks on what I consider the golden rule, 'Altcoins will come and go but bitcoin will be here for a very long time'. The coming and going simply means their different season of getting the spotlight like with what DeFi Tokens are currently experiencing. Invest wisely.

The altcoins are also increasing but in a slow pace.

Bitcoin may be having a good movements these days now but that is the same with altcoin but in their own pace. We don't know when will altcoins pump, all we know is that it will have its time, when Bitcoin pumps, altcoins follow bur we never know when will it really pump like ETH did in the past.

When there was a huge bull in 2017 and bitcoin went up, it didn't went up as high as some of the other coins, that is the thing about drops and increases in bitcoin and altcoin world.

It was about 3k or so before the huge increase and it peaked at 20k, that means it was around 7 times higher, I remember ethereum being around 40-60 dollars and reaching to 1500 dollars, it was insane, and many many more coins reaching up to x50+ increases those days. After the drop? Well, bitcoin did dropped like 80% or so but usually it was higher around 6k+ levels whereas most of the coins that dropped was around 90%+ lost and some of them are still there, so that means bitcoin increases and decreases a lot less while altcoins increases and decreases a lot more while they do it together.

Remember when binance do the same.

There's certain movements with alts look with DeFi the project seems being hypes so even there's some
downside movements from bitcoin, this project still gaining interest and the value still doing great.

This is completely understandable, the market cap of bitcoin is many times higher than even the second coin in the market which means that its growth cannot be as big as the growth of other coins, it seems once again the excitement over ethereum is getting very high but I'm worried that all of the people that invest in it right now could lament their decision in the future because I do not really see how its current price can be maintained over the long term.

Nothing big, what we see in the market with bitcoin and altcoins is the regular market moves. We don't have anything to describe in particular, as there is no big news associated with cryptocurrencies. Like the ICO and IEO that made a market rise, now the DEFI tokens were playing its role. As a part more such projects have gained good marketcap, this will last until something new enters the market.

Welcome to  crypto market where the prices is really unpredictable and expectation will always your enemy.

Just 2 weeks after you posted this  Bitcoin is now  Sitting at $12,000 level so i think you should revised your post and phrase bitcoin and altcoins for the growth you have been  asking right?

this is the problem,we are always complaining when price is struggling but never been thankful when the market turn around to favor us?

Bitcoin will always go forward never forget that.
Not because there are certain fall meaning this is already permanent because volatility is what this market makes round.

I do not think that what we have saw during the last months can be attributed to their regular market moves that we see all the time, it is clear that the market is once again forming a bubble but instead of being a bubble born out of icos or ieos as it was in the past what we are seeing is a huge interest in DeFi projects, and while there are some that are without a doubt interesting there are many that are being released just because they want to take advantage of the fact that people seem to throw money at those projects without taking the time to research them.

Why do you think it is a bubble, there is really nothing here that could be considered a bubble at all, price should have gone a lot higher if you wanted to call it a bubble, it has actually gone to a level where it is totally acceptable and stayed there. Of course it tried to go over 12k price as well and if it was around 14-15k I would say that could have been a small bubble, or if it went to over 20k that would have been a bubble for sure.

However going from 9k to 11.5k is not a bubble at all, it is barely a bull movement, it took a whole pandemic plus halving to make it go up that much, all of which should help bitcoin because one caused fiat to go down with so much money printing that helped crypto and the other caused half of all mined coins to be gone per day which should effect it. So, 9k to 11.5k in all of this is not a bubble at all if you ask me.

Nah, this is a normal day in cryptocurrencies given their current nature being highly volatile. If you observe that some prices of altcoins are steadily increasing while the price of bitcoin is not, then you may take that as an opportunity to acquire some altcoins for additional investment.
It is relatively difficult to look for a correlation about the increasing/decreasing of the price of bitcoin and altcoins as they are different.


That is true. If the increase in the price of altcoins is significantly huge compared to bitcoin, then we can deduce or speculate on why such thing happened. But with minor changes to its price, treat it with a grain of salt and consider it as an opportunity to either buy/sell some cryptocurrencies.

It doesn't look like a temporary pump but rather a push towards the last ATH at 20 thousand. The bear market has to end at some point and all signs are showing that this run after the halving was a normal price action: last sell off before the halving followed by a bull market characterized by increase in the mining power and volume spike on exchanges.

I'm quite confident that those who bought at 3000 USD were the lucky ones. If we ever see such levels again it will be in the next big bear market after the new ATH.

But unfortunately, many had missed the train and have regrets.
People never think that possibility as we brag by this pandemic and cause to think negatively about it, but just surprise us how it rises despite the situation. Those who have guts and strongly trusted Bitcoin have also being paid of, they are actually seeing it while the others did not.

The market keeps moving high and people started accumulating more cryptos. This it helps to keep the momentum on the right track and I was seeing strong ends this year.

I think it too early to sure if it a temporary pump or the previous dump to be slightly market correction cause I read in an article about a whale that sold his 9000BTC if i remember correctly which i believe was what lead to the last dump. However, the trend pose by the market when it weekend will prove if the pump is temporary or not.

Thats because most weak hands are expecting the halving effect/ new ATH.

true, I also really believe that bitcoin will continue to move stronger and will reach its peak next year. if the end of this year it is predicted that bitcoin can reach $ 15K then it is certain that next year's bitcoin will be many times over from 2017. and those who have held bitcoin for a long time will certainly reap the rewards, but it's never too late because the time is still long at least we can also enjoy a little of the opportunities that exist, if you want to try to exchange altcoins to Bitcoin.

Time to accumulate, that's what it says.


For some people it might cause them panic but the old investors like it, especially the whales as they will be waiting to buy at dip when people are in panic, and that's the way they make an easy money from us.

For people who had been here on this market for a while now wont really be surprised into these kind of events but for who did just recently joined the party will really get shocked
on what happened specially if the price had plummeted down into these certain ranges or percentages but actually recovery phase would always be on the end of the line.
We cant just see a market that do continously fall down without any recovery.When it comes to price movement then Bitcoin and altcoins are correlated to each other(sometimes not)
some do presume out and do include it into their investment analysis.

Honestly when you look at all the crypto world right now, you could understand why it is in an actually weird phase right now.

We are talking about a phase when bitcoin and all other altcoins went up down first then up again and down again now, all within a week, just go to coinmarketcap and you can check all the coins and their weekly situation, you will realize that crypto world is in a situation where it doesn't know what they are doing, I would prefer if it was possible for crypto to be a bit more stable but unfortunately we all know that is not really possible, it is quite volatile and we would probably end up with even more movements in the end. Let's hope that in the end we are higher than where we are between all the ups and downs that is going on.

This is very normal thing that usually happened in cryto market. At this moment, cryto market is green, maybe because people are investing on it. Whatever holders should be happy seeing they are in benefit now
haven't seen any valid reason that could makes bitcoin price hit beyond $20k by the end of 2020. Although Btc market is much uncertain at this time & hard predict cause anything can be happen.

When it comes to bitcoin it is clear that this is not a bubble since the price of bitcoin is completely fair in my opinion, the problem is what it is happening with altcoins, it is clear that speculators are taking over the market and investing in all kind of DeFi projects of doubtful reputation, and while many are excited about this the truth is that to me this seems to be completely unsustainable and when that is the case then we have no option but to say that altcoins are in the middle of a bubble.

In my opinion Bitcoin is on fire now. After 2 years ago the bearish market is very sick. Now, the market is turn into bullish trend.
Some altcoins will also follow bitcoin to get rising price.

That 9000 is a speculation. I've posted about it in that thread. Coins being moved from one address to another doesn't have to indicate selling and even if they got that one right a whale sale doesn't mean the end of the bull market. It ust means he needed fiat or maybe he's buying something else like ETH.



I Consider myself a strong hand and I also believe this is going to be another halving effect with a bull market top within the next 2 years.

Bitcoin is now on recovering phase, bitcoin must reach $13k in order to start the bullrun,. Still no one can predict what will happen on bitcoin and on some altcoins this year. Hoping that after 2 years of suffering from bear market this year onwards will be bullish.

It is done with its "recovering phase".

Another thing is that it already started, the bull run for some time now and I think it would continue for some time now. Maybe it is the late effect of the halving or just investors took advantage of the fall that happened in the past month. All we know is that the price could just go back and forth at $12K, it is not staying at $11K, and might break at $12K again.

If you take the time to watch the charts you will realize this is not what it is happening, what we are seeing is that the DeFi projects are leading the market and making the rest of the coins follow them including bitcoin, and this is what makes me suspicious of the recent movements we are seeing, at some point the hype for DeFi coins will go down and when that happens the market will crash and while I have no doubt the price of bitcoin will remain high I wonder what will happen to a coin like ethereum that has been so dependent on this recent hype.