All altcoins are down, Temporarily, permanently?

in #steemit7 years ago


Bitcoin up = Altcoin down

All top 30 altcoins fall down by 30% ripple back to 6.76$



Dependence of altcoin price with Bitcoin, Market relation

Bitcoin price is inversely proportional to the price of altcoins. When the price of Bitcoin goes up all the altcoins goes down. Its the nature of cryptocurrency.


As of now, The altcoin market is in loss and Bitcoin is still rocking, in my opinion, bitcoin is going to rise about 5000$ soon and in the end of this year, it will be a lot more than now. Keep your bitcoins to make a huge amount of money in the crypto market. 

Bitcoin cash is also skyrocketing and it has a great future with the technology and the trust. 



I Had a bad luck and I have lost a huge amount in Sia and Burst in the last 10 days or so, hoping they will rise again! :)



Good luck,

Palashjyotinath