If #BTC doesn't reclaim its previous highs and surge past 75K before the halving, it could spell trouble for both Bitcoin and altcoins. For short-term traders like myself, it's crucial to anticipate potential downturns and manage risks accordingly. Failure to see significant movement in BTC coupled with stagnant altcoin performance might trigger a domino effect, leading to lower lows across various projects. Essentially, without a bullish push in BTC and subsequent momentum in altcoins, we could be looking at a scenario where "buy the rumor, sell the news" exacerbates market volatility, potentially impacting the value of many popular projects.
#bitcoinhalving #BinanceLaunchpool #BullorBear