AlanSantana

Bitcoin $65K! Aiming Straight Up! What Will Happen To Altcoins?

Long
BITSTAMP:BTCUSD   Bitcoin
Good and lovely day and fellow cryptocurrency trader... What a great start we are having to this Saturday with a very green Bitcoin.

We just looked at BTCUSD Weekly, the article below, and commented on the bullish trend/bias and potential targets.

See it here
Daily, 24 hours per candle, we are now aiming to challenge again the All-Time High at $42,000 but prices are very likely to continue going... The correction/retrace that took place recently was short-lived and we can clearly see now the bulls getting back in control.

This is the question that I am getting from many... What will happen to the Altcoins if Bitcoin continues to grow?

The Altcoins can slow down for a few days... Maybe correct a bit, some will consolidate some more but... In the end, a bullish Bitcoin is bullish for the altcoins market.

The altcoins will continue to grow.


Namaste.

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