Bitcoin-Altcoin and Correction

in LeoFinance3 years ago

Crypto

The correction to Bitcoin at this time is really clear that at this time Bitcoin will do a fairly significant bull run in the future.

Some observers predict that Bitcoin will continue to correct until the $35-38 k level. So that it provides a little input on when to buy Bitcoin at the right time.

Then if this time everything that is running on Bitcoin is correcting, then many people ask when the estimated bull run will occur?

Many give predictions when it will happen in the next 6 months and some also say it will happen in December. While the problem is that some users and holders who play for a short period of time are indeed waiting to make sales in December.

Why December? Aside from being the end of the year in 2021, in December there will also be a celebration of Christmas, and a new year. Of course, many needed cash at that time. Maybe this is the common ground that was common before crypto existed. On the other hand, this December is also a sign of Bitcoin's performance after the halving took place. So that in the future crypto will be on the verge of a market-level journey as usual.

Then for the Altcoin problem, of course, each will have an influence based on the level of the project and the number of problems with updating their respective projects. Perhaps what will be crowded is between the Ethereum and Cardamo battles in the future. As for the issue of cryptocurrencies that are suitable for use or used as payments as mass payments, there will be a lot of competition where with the presence of e-Cash the competitor Bitcoin Cash also from Dash who continue to provide their best performance.

What about Stellar and Ripple? The problem of these two types of Altcoins seems to be fighting harder against the onslaught of the presence of Tokens and projects from DeFi and NFT which later come with the latest technological advances features at this time. If there are no significant changes or update issues for the market then it is likely that Stellar and Ripple will lose a lot of followers later.

Posted Using LeoFinance Beta

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