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Author Topic: Major Altcoins Turn Bullish as BTC Surges Again Over $50K  (Read 194 times)
ice098
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April 29, 2021, 08:52:06 AM
 #21


Ethereum having a strong bullish momentum was becasue of it adoption with some giant techs as method of payment and also, their last fork that they promised which was meant to reduce it transaction fees. Among the altcoins it was only ethereum i could see making some good move even when Bitcoin went down recently, also, $UNI did some pump too but almost very few did the pump IMO.

I believe yes even without Bitcoin bullish, Ethereum will definitely have strong momentum because of the increase adoption of investors and traders to Ethereum. But as of the moment, can't deny the fact that the crypto market went to the moon because of the presence of bitcoin. I guess a cryptocurrency can only be known when we were going to use the name of bitcoin this is where people can distinguish what cryptocurrency is. And also, the mass adoption of bitcoin gives a good feedback too to altcoins and that is what we saw in the market today.

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April 29, 2021, 02:52:21 PM
 #22

As for the major altcoins that pumped while bitcoin has recovered, it was notably that ethereum is one of it that had turned back bullish.
But anyway, even when bitcoin has dropped and corrected, I saw ethereum that didn't dropped a lot that much during those days and it has made it to $2,600 so easy.

we saw it clearly, Ethereum was not really affected by the decline in bitcoin this time around, but when Bitcoin started to bounce back, Ethereum went up too. And the good news is that GAS is starting to decline slowly and it's not burdening us .. this is a surprise from Ethereum. they began to give a long breath of hope and hope that had been buried a long time ago. we are finally able to send a bit of Erc20 based token token to Exchange.
I think we're now seeing the limelight for Ethereum because of the drop in fees, Ethereum just gotten to $2,700 and took the attention and did better than bitcoin this time and it's about to enter to $2,800. If this continues, there's no doubt ETH will be in $2,800 to $3,000.

As for the major altcoins that pumped while bitcoin has recovered, it was notably that ethereum is one of it that had turned back bullish.
But anyway, even when bitcoin has dropped and corrected, I saw ethereum that didn't dropped a lot that much during those days and it has made it to $2,600 so easy.
Ethereum having a strong bullish momentum was becasue of it adoption with some giant techs as method of payment and also, their last fork that they promised which was meant to reduce it transaction fees. Among the altcoins it was only ethereum i could see making some good move even when Bitcoin went down recently, also, $UNI did some pump too but almost very few did the pump IMO.
The promised of EIP 1559 is about to happen by July yet there's already a positive change that happens. Fees dropped, ETH's price is increasing.

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April 29, 2021, 03:11:47 PM
 #23

I believe yes even without Bitcoin bullish, Ethereum will definitely have strong momentum because of the increase adoption of investors and traders to Ethereum. But as of the moment, can't deny the fact that the crypto market went to the moon because of the presence of bitcoin. I guess a cryptocurrency can only be known when we were going to use the name of bitcoin this is where people can distinguish what cryptocurrency is. And also, the mass adoption of bitcoin gives a good feedback too to altcoins and that is what we saw in the market today.

Indeed we are seeing Ethereum finally break away from the Bitcoin markets. We have seen Bitcoin now drop 20% from ATH and stay there for two weeks but ETH is making new ATH week after week now.

Very good signs for crypto market to see BTC and the biggest alt both forge their own market paths.

Very happy to be hodling both (still majority in BTC of course).

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April 29, 2021, 03:31:38 PM
 #24

Where bitcoins go, altcoins always follow, but not all altcoins because during the bitcoin decline, Ethereum remained at a higher value.
Why Ethereum is not affected during that time that bitcoin suddenly fall a little? Also a sudden dump is a good opportunity to buy more bitcoin and good altcoins then hold until you can make profit out of it.

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April 30, 2021, 01:41:27 PM
 #25

Yes, I agree with that. Many altcoins can break the new ATH after bitcoin surges for more than $50k. This situation will continue until the next month, but that is only if the market does not get negative news. This day, bitcoin is down to $54k and I guess the war in the buy and sell order still happens so I am excited to see what will happen later. Hopefully, the bitcoin price will not go down again like before and the price can stay at the price position now to give the altcoin more chances to increase.
The current movement of bitcoin has brought altcoins to follow the movement of bitcoin and penetrate new ATHs of all time, negative news will always be there even though it is not as expected and it all depends on us who respond.
although currently the movement of bitcoin is rather slow, there are some altcoins whose increase is very significant, hopefully in the future the increase in bitcoin will continue to bring altcoins to increase.
The bitcoin movements give us the chance to make a big profit from the altcoin, which will not stop for this year. This situation will continue in the next months, and if bitcoin can stable or at least not increase or decrease a lot, the altcoin will have more chances to increase and make a new ATH. Maybe this time we can make another big profit from the altcoin, so prepare your altcoin and wait for the next ATH.



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April 30, 2021, 04:27:06 PM
 #26

Major altcoin reached a new all-time high price after the Bitcoin (BTC) price spiked over $50,000 once again.

Notably, in the last two weeks, the crypto market has dropped three times. While Bitcoin has been moving downwards after reaching the all-time high of $66,000 on April 17. In addition, BTC further fell making a drop to a low of $47,159.49. Read more on Major Altcoins Turn Bullish as BTC Surges Again Over $50K

Bitcoin will be targeted to reach $ 100,000 within this year. Even though their prediction would be wrong, I thought that it would last between $ 60,000 and $ 70,000.

But we must be able to analyze further, so that we can reduce losses when the Bitcoin price drops. Alt follows the Bitcoin trend, so it is easier for us to analyze it if we are able to analyze the movement of Bitcoin.

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