Altcoins prices are bleeding heavily

[Latines]

Everyone has become too pessimistic. This is all due to the large rise in cryptocurrency. But remember how many years Bitcoin has grown to this figure. Also, the price grew because few people knew about it, and everyone just bought up without thinking. Now more and more people are being blamed about the blockchain. It's good. It takes time for altcoins to become as strong as bitcoin.

[1715677299]

1715677299

[1715677299]

1715677299

[1715677299]

1715677299

[1715677299]

1715677299

[1715677299]

1715677299

[mamesso]

This decline will continue until the beginning of 2020, especially in ethereum when bitcoin is back down, ethereum will continue to fall because ethereum is currently very slow to recover.

Various kinds of speculation also appears before the turn of the year. everyone in the crypto community is wondering how the future of Bitcoin and Altcoin will be in 2020.?
Questions like these arise because the famous crypto exchange is very volatile, from very high prices to very low prices in a short period, because these conditions make the future of the crypto exchange very difficult to predict. Even though his condition is bleeding, some people can still profit, by using the short-term investment method will make traders more eager to increase the profits they can get.

[aomakun]

Alts prices have been in a bad position for over a year now, the Bitcoin dominance is too high, so alts feel very bad in the market.

altcoin is indeed long enough slumped by the price and altcoin has long been a very low price when compared to the price of bitcoin. but I personally believe that altcoin will be able to pump again, but it does take time to achieve it. so I think we should be more patient waiting

[Pelunize12]

Alts prices have been in a bad position for over a year now, the Bitcoin dominance is too high, so alts feel very bad in the market.

altcoin is indeed long enough slumped by the price and altcoin has long been a very low price when compared to the price of bitcoin. but I personally believe that altcoin will be able to pump again, but it does take time to achieve it. so I think we should be more patient waiting

altcoin can get pump if bitcoin's dominance decreased, at least 50:50
at this this time, it is 67:33, it makes altcoin has no chance to get pump

beside that, altcoin would be pump when Bitcoin itself reach new ATH, if not, there is no chance
the next halving would be one of the reason too.

[BartS]

I guess we facing back again the bearish market, as you can see the prices of cryptos are now bleeding especially bitcoin it drops down at $7000 below and
 I think it will continue to go down. Let's hope a good market in the next year.

And yet we are still about 100% up from the low of 2019 for Bitcoin am I right? So I am not too concerned at all. Every year we see the price have a low that is higher than the previous year. Which means, on a long term scale, price is always increasing higher. This means whatever happens in 2020 we will never see $3400 again. Good right?

I have also made the same observation, the price of bitcoin despite its movements keeps generating higher lows, this shows a very clear positive trend, however we cannot ever be sure that things are not going to change at some point in the future because as we know the market can be very irrational.

With that in mind it is still advisable to watch the price every day to avoid any kind of unpleasant surprise, however that observation only applies to bitcoin because as we know there were many alts with good potential that despite all of that eventually crashed and never recovered.