Bitcoin leads altcoins follows.

[Stablexcoin]

Who else is seeing the market?
I'think I once said I'm not sure if Bitcoin will surpass $106k this month but it seems I was wrong because from what am seeing, it shows that Bitcoin might increase more before the end of the month. However are you still holding or selling? If you are holding keep hold but if you are selling, better stop and hold and wait for the bigger picture. Maybe by the end of the month Bitcoin will reach to a new ATH.

Bitcoin price has passed $106k already, bitcoin price is currently at $109k actually I didn’t expect bitcoin to pump this money, but bitcoin price hit $111.98k before dropping to the current price, and I won’t be surprise if bitcoin bounces back very soon. I don’t think the current pump that just happened will make me sell the bitcoin which am holding, if am even having money, then I will end up buying more bitcoin even at the current price. Even if bitcoin hits another ATH, am not still ready to sell my bitcoin for now.

Bitcoin made ATH and decided to relax a bit, another correction going on, expectations should be on making another ATH before the month runs out. In this next ATH we should be evaluating and predicting for the price of Bitcoin to hit above $120K, it is likely and most simplest we can make not minding how frustrating some market influential news are heading negative, Bitcoin remains intact starting off the bull season.

This isn't the peak of Bitcoin, we are still in-between making our ATH, investors are still taking this price as a low for their investment, this is not the best time to talk about selling for long holders, a little patience for the market to be at its peak before selling.

[BALIK]

Altcoins just didn't get the attention on them yet.

We will able to talk about whether alt hunters are going to eat good once the rally for BTC would halt and liquidity would be directed to the alt streets..

And they most likely will not get that at all. IMO this is the end for alts. Bitcoin would have to go to $200k for  them to even get back to the levels from 2021 bull market.

Have you noticed that ETH, ADA and all the other "old" altcoins aren't even at 50% of their ATH?

While bitcoin is in a bull market they are still in in bear market because for bitcoin being at 30% of the ATH would be its bear market lows, while ETH was at 30% last month!
Imagine that for ETH its 4 year market low was $1k and a few weeks ago it was at 1.3k! I see this as a sign of total lack of interest from investors, lost confidence and all that.
Maybe if bitcoin goes parabolic ETH can get some scraps from the table, but that's it. Don't expect altcoins to do 10x this year. Maybe some scam shitcoins can do that but large market cap coins will not even get more than 2x from this point.

Admittedly, there has been a bit of a shift this cycle since bitcoin ETFs were approved, all the attention being on bitcoin instead of the entire market like every year. But if we still believe that 4 years of history repeats itself or that bitcoin price will continue to rise, it is still too early to say that altcoins will not rise.

If I remember correctly, when bitcoin ETFs were approved and bitcoin hit new ATH before the halving, altcoins also increased significantly like Solana from $8 to $294, pepe, Inj or floki...Many altcoins also increased from x5-x10 before a big correction caused many altcoins to return to their old bottom. So if Bitcoin can rise to $150k or $200k in this cycle, many altcoins will rally and may continue to hit new ATHs.

ETH is disappointing many with its poor performance compared to previous years, but this is a speculative market and when retail investors get bored and sell their coins, that's when the price rises. ETH is trading above $2,500 and it wouldn’t be surprising to see it surpass $4,000 in the next few months if bitcoin continues to rally.

[jcojci]

Bitcoin really surpass $106k and even hit more than $109k and made a new ATH at $111k. Although the price now is down, but that will not be a problem because the price will be back to the last high price. The price will break and make another new ATH and maybe that will happen in the next month.

I still hodl my Bitcoin and not selling at $111k because my target price to sell still far. I will sell some Bitcoin when the price can pass $125k-$130k and enjoy my profit. But I will hodl the rest for a long term and will continue my DCA.

[Redley555]

Bitcoin will always lead it is the biggest cryptocurrency right now in the world, Bitcoin influences other altcoins.

If Bitcoin goes up they tend to follow suit and when it goes down it affects other altcoins too
Every miners needs to understand the impact Bitcoin has

[Leahized]

Bitcoin really surpass $106k and even hit more than $109k and made a new ATH at $111k. Although the price now is down, but that will not be a problem because the price will be back to the last high price. The price will break and make another new ATH and maybe that will happen in the next month.

I still hodl my Bitcoin and not selling at $111k because my target price to sell still far. I will sell some Bitcoin when the price can pass $125k-$130k and enjoy my profit. But I will hodl the rest for a long term and will continue my DCA.

Agree with you, we have already seen breaking the old record and creating new records. Currently Bitcoin New ATH is $111,970 (CMC). Experts say, I can see ATH a few more times this month. If true then all of us will meet hope and expectations. There are many BTC holders who already sell their holding BTC. I think they are doing so in hopes of limiting their limited profits. This is very normal but long term holder can enjoy the most profit. Because we can see 120k+ before the end of this month. Although the BTC is taking some correction, we have to make upset. BTC cannot be sell until the right time arrives.

[magadividedwar]

Bitcoin is the largest of the crypto currencies.
Altcoins mostly follow btc.d . Some memecoins follow the opposite trend.

[Smack That Ace]

Bitcoin really surpass $106k and even hit more than $109k and made a new ATH at $111k. Although the price now is down, but that will not be a problem because the price will be back to the last high price. The price will break and make another new ATH and maybe that will happen in the next month.

I still hodl my Bitcoin and not selling at $111k because my target price to sell still far. I will sell some Bitcoin when the price can pass $125k-$130k and enjoy my profit. But I will hodl the rest for a long term and will continue my DCA.

Agree with you, we have already seen breaking the old record and creating new records. Currently Bitcoin New ATH is $111,970 (CMC). Experts say, I can see ATH a few more times this month. If true then all of us will meet hope and expectations. There are many BTC holders who already sell their holding BTC. I think they are doing so in hopes of limiting their limited profits. This is very normal but long term holder can enjoy the most profit. Because we can see 120k+ before the end of this month. Although the BTC is taking some correction, we have to make upset. BTC cannot be sell until the right time arrives.

We have less than 4 days left until the end of the month and it looks like the correction is not over yet, so I doubt Bitcoin will reach new ATHs or hit $120k in the remaining days of the month. For me, May is over and Bitcoin has done its job by creating a new ATH, although not too impressive, as this ATH is only $3k away from the previous ATH. But this is a positive sign to look forward to better months ahead.

Regarding some people taking profits, I don't see anything wrong because everyone's goals are different. As long as they are satisfied with their profits, they can sell at any time. And hopefully those who continue to hold will make more profit, but be careful and have a backup plan because the market is very unpredictable. There is no guarantee that BTC will go higher next month, it is all just a prediction.

[Hewlet]

Bitcoin really surpass $106k and even hit more than $109k and made a new ATH at $111k. Although the price now is down, but that will not be a problem because the price will be back to the last high price. The price will break and make another new ATH and maybe that will happen in the next month.

I still hodl my Bitcoin and not selling at $111k because my target price to sell still far. I will sell some Bitcoin when the price can pass $125k-$130k and enjoy my profit. But I will hodl the rest for a long term and will continue my DCA.

Agree with you, we have already seen breaking the old record and creating new records. Currently Bitcoin New ATH is $111,970 (CMC). Experts say, I can see ATH a few more times this month. If true then all of us will meet hope and expectations. There are many BTC holders who already sell their holding BTC. I think they are doing so in hopes of limiting their limited profits. This is very normal but long term holder can enjoy the most profit. Because we can see 120k+ before the end of this month. Although the BTC is taking some correction, we have to make upset. BTC cannot be sell until the right time arrives.

We have less than 4 days left until the end of the month and it looks like the correction is not over yet, so I doubt Bitcoin will reach new ATHs or hit $120k in the remaining days of the month. For me, May is over and Bitcoin has done its job by creating a new ATH, although not too impressive, as this ATH is only $3k away from the previous ATH. But this is a positive sign to look forward to better months ahead.

One thing is that as long as bitcoin has gone from a point below the last ATH to getting to the last ATH and then surpassing it, it's an achievement to be grateful for while looking at how far we can get to in the future. The end of the month is not the end of bitcoin and doesn't mean that we can't see another positive rally in the month of June. At least, we are now seeing a much higher starting point in the coming month and even if we are able to see the same kind of bull we had this month In the coming month, that will take us to somewhere really comfortable by the end of next month.

Imagine that every month we grow by at least $5k to $10k? Do you know how far we would have grown by the end of the year? We would have gone passed $200k by December. It's all about timing and taking the journey to the top a step at a time till we are able to reach an altitude that's really high and encouraging for all long term investors.

[aoluain]

Bitcoin really surpass $106k and even hit more than $109k and made a new ATH at $111k. Although the price now is down, but that will not be a problem because the price will be back to the last high price. The price will break and make another new ATH and maybe that will happen in the next month.

I still hodl my Bitcoin and not selling at $111k because my target price to sell still far. I will sell some Bitcoin when the price can pass $125k-$130k and enjoy my profit. But I will hodl the rest for a long term and will continue my DCA.

Agree with you, we have already seen breaking the old record and creating new records. Currently Bitcoin New ATH is $111,970 (CMC). Experts say, I can see ATH a few more times this month. If true then all of us will meet hope and expectations. There are many BTC holders who already sell their holding BTC. I think they are doing so in hopes of limiting their limited profits. This is very normal but long term holder can enjoy the most profit. Because we can see 120k+ before the end of this month. Although the BTC is taking some correction, we have to make upset. BTC cannot be sell until the right time arrives.

We have less than 4 days left until the end of the month and it looks like the correction is not over yet, so I doubt Bitcoin will reach new ATHs or hit $120k in the remaining days of the month. For me, May is over and Bitcoin has done its job by creating a new ATH, although not too impressive, as this ATH is only $3k away from the previous ATH. But this is a positive sign to look forward to better months ahead.

Regarding some people taking profits, I don't see anything wrong because everyone's goals are different. As long as they are satisfied with their profits, they can sell at any time. And hopefully those who continue to hold will make more profit, but be careful and have a backup plan because the market is very unpredictable. There is no guarantee that BTC will go higher next month, it is all just a prediction.

A lot can happen in 4 days! we have already seen that in what the market did last week.

Absolutely nothing wrong in taking profits, or HODL'ing, everyone certainly has
different goals.

I am wary of next month, we all have heard the saying "sell in May and go away" it is
related to the traditional markets but could happen to the Bitcoin market too where
there is a pull back until the end of summer so taking profits for those who did so
could indeed a rewarding decision.

[Agbamoni]

I'think I once said I'm not sure if Bitcoin will surpass $106k this month but it seems I was wrong because from what am seeing, it shows that Bitcoin might increase more before the end of the month. However are you still holding or selling? If you are holding keep hold but if you are selling, better stop and hold and wait for the bigger picture. Maybe by the end of the month Bitcoin will reach to a new ATH.

Your speculation was wrong literally. Bitcoin is now at $109, 800 after reaching $112,000.
Oshosondy thinks $100k is a support. However, i think he is wrong. Bitcoin has bounced multiple times around $109k and it is consolidating around that area after a correction, technically it makes more sense to say $109k is actually the support level, even if $100k is more acceptable by many psychological.

[Japinat]

I'think I once said I'm not sure if Bitcoin will surpass $106k this month but it seems I was wrong because from what am seeing, it shows that Bitcoin might increase more before the end of the month. However are you still holding or selling? If you are holding keep hold but if you are selling, better stop and hold and wait for the bigger picture. Maybe by the end of the month Bitcoin will reach to a new ATH.

Your speculation was wrong literally. Bitcoin is now at $109, 800 after reaching $112,000.
Oshosondy thinks $100k is a support. However, i think he is wrong. Bitcoin has bounced multiple times around $109k and it is consolidating around that area after a correction, technically it makes more sense to say $109k is actually the support level, even if $100k is more acceptable by many psychological.

Well, you could be true with that. Bitcoin has even reached $112k but it always comes back to $109k-$110k until it ended up to its new ATH at $109k. I know this is quite a surprise to everyone but we have been expecting this already. It’s just that we don’t know when it will hit the market due to its highly unpredictable price market. However, I’m happy to see it’s finally happening now.

[Odohu]

Bitcoin is the leader in everything even in market capitalisation and market dominance so it has to show the part other cryptocurrency will follow. If Bitcoin pumps, other cryptocurrency will respond accordingly even though not in the same degree, and if Bitcoin drops in price, other cryptocurrencies will follow as well. This is why it is better to buy and hold Bitcoin since it's the leader and more accepted globally.

[WatChe]

Maybe by the end of the month Bitcoin will reach to a new ATH.

One thing we all must keep in our mind about Bitcoin price is that it's always unpredictable. Just like there were speculations that Bitcoin won't surpass 106k this month, on same lines it's also not sure that we see price of Bitcoin touching new ATH at the end of May. Although all indicators are in favour of Bitcoin price to move forward we must also keep ourselves prepared for decrease in price.

Regarding selling at current price, I am of the view that it's still too early for anyone of us to sale his Bitcoin. If one sale right now then he will surely miss the bigger piece of the cake.

DYOR before making any decision.

[Minor Miner]

Regarding selling at current price, I am of the view that it's still too early for anyone of us to sale his Bitcoin. If one sale right now then he will surely miss the bigger piece of the cake.
 

As you have admitted, although the indicators all show the market continues to rise but anything can happen, the price can also reverse and fall unexpectedly. So there is no guarantee that those who sell bitcoins now will surely miss the bigger piece of the cake. So if someone decides to sell at the current price, and as long as they are profitable and happy with that price, they should do so. The future is unpredictable, I would not give advice or criticize someone if they sell BTC at this time and think we are wiser than them.

For me, taking profit is never wrong as long as we achieve our target and are satisfied with it.


 

[hyudien]

Regarding selling at current price, I am of the view that it's still too early for anyone of us to sale his Bitcoin. If one sale right now then he will surely miss the bigger piece of the cake.
 

As you have admitted, although the indicators all show the market continues to rise but anything can happen, the price can also reverse and fall unexpectedly. So there is no guarantee that those who sell bitcoins now will surely miss the bigger piece of the cake. So if someone decides to sell at the current price, and as long as they are profitable and happy with that price, they should do so. The future is unpredictable, I would not give advice or criticize someone if they sell BTC at this time and think we are wiser than them.

For me, taking profit is never wrong as long as we achieve our target and are satisfied with it.


 

True because we are talking about a volatile crypto market so no one knows where bitcoin is going next even an hour from now bitcoin could experience a significant price drop or increase unless we have a crystal ball then we can see the future. 
So I agree with you as long as the asset owner has made a profit why should it be a problem, every investor has a different target, financial ability and perspective when investing, as long as they do not sell all their bitcoin holdings and maybe they want to enjoy the profit from the current price then we must respect their decision.

[Botnake]

I don’t see its actually happening right now. Yes, bitcoin continues to be bullish and reach an all time high, but altcoins have seen no upward motion. It’s not all the time that altcoins follow the path of bitcoin, while bitcoin is skyrocketing, majority of the altcoins are not performing positively at all.

Well, I still find it normal. Let’s just wait for an altcoin season to finally witness for altcoins to start surging high.

[Su-asa]

I don’t see its actually happening right now. Yes, bitcoin continues to be bullish and reach an all time high, but altcoins have seen no upward motion. It’s not all the time that altcoins follow the path of bitcoin, while bitcoin is skyrocketing, majority of the altcoins are not performing positively at all.

Well, I still find it normal. Let’s just wait for an altcoin season to finally witness for altcoins to start surging high.

Last month was something else because Bitcoin actually increased to a new ATH. However, the market is not stable yet, as it continues to dip and increase within few hours. However I think one shouldn't bother at all because it will still increase no matter what. No matter how altcoins adds value, it can not be same as Bitcoin. Investing into altcoins for short term might not be as terrible as investing into it for long term, investing into altcoins for long term is not different from gamble.

[Mame89]

Bitcoin is the leader in everything even in market capitalisation and market dominance so it has to show the part other cryptocurrency will follow. If Bitcoin pumps, other cryptocurrency will respond accordingly even though not in the same degree, and if Bitcoin drops in price, other cryptocurrencies will follow as well. This is why it is better to buy and hold Bitcoin since it's the leader and more accepted globally.

Even I always believe that bitcoin will remain the leader in the crypto community forever because bitcoin is the mother of all coins so with this reason it is enough to answer everything. Also, as you said, almost every time bitcoin goes up, altcoins will also go up and vice versa. This also answers the huge influence of bitcoin on altcoins, although many altcoins are born with new innovations but none can beat bitcoin.

Bitcoin is growing day by day and its community is also starting to trust bitcoin as a hedge asset. We can also see this today even though the world is not doing well because there are many wars going on at some point, the latest in the Middle East, the price of bitcoin remains strong and does not drop sharply. Even if there is a decline, it is normal and will recover. Every big investment should prioritize investing in bitcoin in the long term rather than altcoins.

[Odusko]

Who else is seeing the market?
I'think I once said I'm not sure if Bitcoin will surpass $106k this month but it seems I was wrong because from what am seeing, it shows that Bitcoin might increase more before the end of the month. However are you still holding or selling? If you are holding keep hold but if you are selling, better stop and hold and wait for the bigger picture. Maybe by the end of the month Bitcoin will reach to a new ATH.

We can expect Bitcoin to surpassed the 110k region in the coming week, this is the highest and closest that Bitcoin can go, and as much as we look out for that possibility, we may likely not see the reflection of that price increase on some coins, highest an altcoins can come close to Bitcoin in terms of picking up of Price, it should be Ethereum or BNB XRP and few others who have strong ecosystem that support it price to increase along with Bitcoin.

[Ndabagi01]

Last month was something else because Bitcoin actually increased to a new ATH. However, the market is not stable yet, as it continues to dip and increase within few hours. However I think one shouldn't bother at all because it will still increase no matter what. No matter how altcoins adds value, it can not be same as Bitcoin. Investing into altcoins for short term might not be as terrible as investing into it for long term, investing into altcoins for long term is not different from gamble.

Altcoins are short time investments in bitcoin which are very uncomfortable for many traders that already know how the market operates. Bitcoin is the real deal when we talk of long term investment, it never fails and continue to make the investors of them proud that they held to the investment for this very long time. Altcoins this season don’t seem like they are in consensus with Bitcoin, when bitcoin does increase, only few top altcoins follow suit and they also do not increase with same momentum as bitcoin does and the rest altcoins do not even seem to increase with them at all. The alt season is still been anticipated for, maybe by then, we will see other altcoins move also.