Altcoins will be more profitable than other cryptocurrencies in 2021. Due to the increasing price of Bitcoin, the arena will be open for other coins. These cryptocurrencies will create many surprises for users. Altcoins are the most popular cryptocurrencies of 2021. It's a good sign, and soon it can easily reach the BTC price. But also a promising cryptocurrency to invest in nowadays's XRP grew a lot in 2020 and will grow more in 2021. You can check more on https://uphold.com/en/assets/crypto/buy-xrp.
I don’t think we can go this much lower in terms of bitcoin and other cryptocurrency and even if we do, the crypto market will recover soon. Bitcoin is a long term investment so these short term fluctuations should not worry you.
For now, cryptocurrency is a profitable investment, with a plan for several years. Swing speculation can be unsuccessful, because the main engine is large investors and companies that prohibit or allow the use of cryptocurrencies. As well as different countries. This market is still developing and when buying cryptocurrency, you should understand that it may fall in price, but once this fall will be covered.
I believe in crypto and its future... at least for mid-term ( not so sure about the long-term but I think it'll stick around). I'm especially excited about some ways to geather bitcoin lately 'for free', like watching ads on different apps, some exchanges are giving you bonuses or allowing you to 'mine' there... it's cool cuz when you put all those small amounts together, it's not so little anymore. :)
I would say it will back to 50k in September and then will start correction because of psychological pressure. Finally it will be the hard impulse to new tops around 100k or the same flag pattern as we saw in 2017, but then also the growth hard impulse.
Danproperty posted: I would say it will back to 50k in September and then will start correction because of psychological pressure. Finally it will be the hard impulse to new tops around 100k or the same flag pattern as we saw in 2017, but then also the growth hard impulse.
Looks like you`re close to the first prognosis. Let`s see the continuation. 😉