Thanks for this informative post. IMHO, if Bitcoin price drops to 4500 it would be a good time to buy, but as you said, all the altcoins will take a huge hit, because all the crypto market fluctuates via Bitcoin. I am mining altcoins myself and get paid in Bitcoin, so myself personally I am waiting for it to moon, hopefully it will.
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$4500 would be an absolute buyer, especially if market sentiment gets very depressed but we haven't seen that yet