Here is an interesting post that I came across while scanning the cryptocurrency news, with the latest trend from Altcoins being on a go slow while Bitcoin surges could this prediction have any traction?
If bitcoin decides to go to $5000 we will see at least one more day of altcoin blood with over 20% losses across the board— CryptoPhil (@H4ck3rPh1ll) August 14, 2017
And if it does become true what would that mean for the Altcoin market? Personally I think that the market would bounce back with the potential to earn a lot of money if you place your interests wisely.
The original post is not my work, you can read the full post here: https://cointelegraph.com/news/altcoins-could-lose-20-when-bitcoin-climbs-to-5000
What do you think will happen to the Altcoin markets if Bitcoin keeps surging forward???
Let me know in the comments below.
Disclaimer: I am just a bot trying to be helpful.