The Altcoin Rally Might Be Over as Focus Shifts to Bitcoin

[emmaglory5]

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The altcoin rally might be over as focus shifts to Bitcoin

A break above $9,500 in Bitcoin could start a new sustained uptrend that is likely to surprise both the bulls and the bears.


#Altcoin #Bitcoin #Cryptocurrencies #Exchange #Cryptonaireweekly






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[bhadz]

If $9500 for bitcoin is going to be the next support level, we can make it gradually back to $10,000 or it can surprise us to be back there at any moment. Just like what it did from the bottom of $9k rose quickly to $9500. We're not sure if the altcoins rally is done, it's just getting started.
But whether which is done or has started, I'm enjoying the run.

[Cnut237]

Just in the last 24 hours, bitcoin has increased by 1.88% and ETH has increased by over 8%.
I don't think we can say that the altcoin rally is over right now. There's just no evidence to suggest that. If anything, it looks like it is just getting started.

I think we'd need bitcoin to break $10k and go soaring off well above that point for interest in alts to diminish. At the moment the bitcoin gains have been too modest, and alts are still dominating the upwards price movement.

[bigcash2011]

We are getting good bullish signals and vibes in the market now and this could very well be the beginning of the longterm bull market hopefully. I also hope that the market will move organically this time around with volume spreading across all good projects resulting in gains across the market.

[tycsols]

I am all in for btc and eth rally and i am sure this time around the rally will be like never seen before because of institutional and big banks money flowing into crypto market which is a unique thing and that is why expectations are high and i am hopeful of market making biggest bullish waves in coming months.

[viananda2525]

I am all in for btc and eth rally and i am sure this time around the rally will be like never seen before because of institutional and big banks money flowing into crypto market which is a unique thing and that is why expectations are high and i am hopeful of market making biggest bullish waves in coming months.

if we all in money to too cryptocurrency, bitcoin and ethereum  will be good choice and less risk.now or later bitcoin price will rise etremely  than today. market psychology and trust to this market already recoverd , there are huge money coming again. this is be our opportunity to take position and didnt miss the rain.

[bearexin]

We are getting good bullish signals and vibes in the market now and this could very well be the beginning of the longterm bull market hopefully. I also hope that the market will move organically this time around with volume spreading across all good projects resulting in gains across the market.

Money being invested in only the rights projects is a very rare scenario. When the market is bullish, people tend to pour their money into any coin that is available on the market. Therefore, almost all the coins except a few increases at a rapid pace and gain the momentum in the market even if they are worth nothing and have no real world application or usage.

I too hope that the market moves up consistently, slowly and organically this time so that there is no need of such a large correction like the last time where bitcoin dropped from nearly 20k$ to 3000$. Consistent growth is what I would prefer over bull run.

[benthach]

bitcoin will be pushing north of $10,000 by the end of the month, most alts also pump

[hrunya102]

Now everyone is talking about DEFI projects, I think the increase in the price of BTC will not hurt them much.

[Kupid002]

bitcoin will be pushing north of $10,000 by the end of the month, most alts also pump

I just saw in a news article that bitcoin price already beat the 10k just right now . So we don't need to wait another more days .

Now everyone is talking about DEFI projects, I think the increase in the price of BTC will not hurt them much.

The question is if ETH can maintain that price or will go to other direction when bitcoin will continue to increase its price.

[stellgod]

I don’t think the altcoin rally is over yet. Very selective altcoins have shows noticeable growth in this rising market yet.
Bitcoin still has a strong resistance to break through in order to start with its bull run. And in the meantime, when it stays stable and consistent, altcoins will start to grow. I am still expecting a 20% or more growth in some altcoins.

It’s probably the silence before the approach of the storm. So, I would rather fill up my bag with altcoins which I deem worthy, legit and portentous before the storms arrives.

[bct_ail]

I haven't see an altcoin rally like 2017....Before we move to an altcoin rally, bitcoin has to rise few weeks to north. Once most of the people won't see any more gain in bitcoin they will move to alts. And that will be the start for the next altcoin rally. So let's see what bitcoin will performed until middle of August.

[havoc928]

I haven't see an altcoin rally like 2017....Before we move to an altcoin rally, bitcoin has to rise few weeks to north. Once most of the people won't see any more gain in bitcoin they will move to alts. And that will be the start for the next altcoin rally. So let's see what bitcoin will performed until middle of August.

Personally, I think BTC will keep rising until then. We're all expecting that there will be a bullish season for altcoins, and we're expecting that ETH 2.0 will trigger the bullish season. Even though the market has been affected somehow by the effects of the global pandemic, people still have a strong belief that there will be an altcoin rally! Let's see what gonna happen.

[pilosopotasyo]

The bull has shift to Bitcoin some of the altcoins I'm holding like Oikos are not going up anymore and to think that OIkos is a DeFi coin it should create an hype because Defi is the trending news today in the Crypto world, but I'm also ok with Bitcoin as I'm receiving weekly payout from Bitcoin too.