After dumping down close to 10,000$, Bitcoin is back up to 10700$.
Bitcoin price is much harder to predict than altcoins. In general, Altcoins follow the price of Bitcoin because most altcoins are paired with Bitcoin in exchanges. Hence, people need Bitcoin to buy altcoins.
In bull markets, people often will sell portions of their Bitcoin holding and buy altcoins of their choice. This has historically caused huge spikes among major alts such as Ethereum, Stellar, BAT, Chainlink etc.
That's why, what matters most is Bitcoin as its success would pave the way for crypto mass adoption. Look, I am no Bitcoin maximalist but it is not rocket science to acknowledge the importance Bitcoin has in the market and the minds of the people.
do you think he can up to 20k again?
Yes, but may take a while.
ok thank you
Congratulations @littleboy!
You raised your level and are now a Dolphin!
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