Why Is Bitcoin Soaring, But Altcoins Are Stuck?

in #btclast month

Here’s what’s going on right now: the big players are pumping BTC first. All the money is flowing back into Bitcoin, draining liquidity from altcoins. Once Bitcoin reaches its limit and can’t push higher, that’s when they’ll start pumping altcoins. ETH will lead the charge, and then we’ll see the altcoin madness kick in.

No need to rush! October marks the start of the bull market for crypto. Expect steady gains with occasional big pumps followed by pullbacks. The first big push could take Bitcoin up to around $100K by the end of the year.