Friends who hold altcoins, listen up!
Next, there are three possible trends for BTC, each of which could have a huge impact on your altcoins!
The first scenario is that if BTC breaks through the 100,000 mark and then drops around 5,000 points, then
altcoins may initially rise about 5% following BTC. But once BTC corrects, your altcoins could plummet by 15%!
The second scenario is that if BTC fluctuates in the range of 97,500 to 99,500, then your altcoins will have a chance. During this period of BTC's fluctuations, your altcoins could likely soar by 15% to 35% (of course, not all altcoins will behave this way).
The third scenario is that if BTC directly corrects 5,000 points from its current position of 99,000, then your altcoins will be in trouble. When BTC rises, your altcoins might remain stagnant, but once BTC corrects, your altcoins will likely plunge by about 15%, and some altcoins may even fall harder. This is all to accumulate strength for BTC to continue its push towards the 100,000 mark!
So everyone needs to pay attention to BTC's movements; each of its actions could affect the altcoins you hold!
As a seasoned cryptocurrency investor, I share my experience with Ango Rabbit for free.