News: Crypto Pundit: Altcoin Sentiment Will Cause Bitcoin to Collapse − 稼げる投資系口コミ情報サイト【Trade Center】

For the most complete data on all crypto currencies check: https://coincheckup.com | The crypto research platform.

Full credits for this video to NewsBTC who listed the info in this video on an article on their website:
https://www.newsbtc.com/?s=Crypto%20Pundit%3A%20Altcoin%20Sentiment%20Will%20Cause%20Bitcoin%20to%20Collapse

——–

Crypto tags:

#BitcoinNews #CryptoNews

——–

Transcript:

0:00:00 Crypto Pundit: Altcoin Sentiment Will Cause Bitcoin to Collapse

0:00:04 This update is brought to you by “CoinCheckup News Updates” and was originally published on “NewsBTC”.

0:00:10 Bitcoin is possibly on its way to new all-time highs, while altcoins like Ethereum, Ripple, and Litecoin are capitulating en masse.

0:00:18 The two things don’t often go hand in hand due to how closely the two crypto asset types are connected, yet growing regulatory pressure and other important factors have caused a massive divergence in their price correlation.

0:00:30 Sentiment around altcoins is at extreme lows, yet the majority of the crypto market believes that Bitcoin is about to embark on its next bull run.

0:00:38 But with altcoin sentiment in the gutter, could the fear, uncertainty, and doubt eventually spill over into Bitcoin and cause its bull rally to collapse?

0:00:46 During 2017, the blockchain and crypto hype train took Bitcoin, Ethereum, and the rest of the market to all-time highs and many millionaires.

0:00:55 It only further created a bubble, sucking in retail investors who bought the top of these rallies, and now are stuck holding assets that are 99% below the value they bought in at.

0:01:04 Meanwhile, Bitcoin hit its rock bottom back in December 2018, and ever since has been on a steady climb back toward its all-time high of $20,000 it set the year prior.

0:01:14 Bitcoin’s climb sucked any meager gains the altcoin market was privy to right out of it, as it broke through resistance after resistance and took the media by storm.

0:01:23 However, even Bitcoin has slowed, failed to reach the same level of interest is saw during the 2017 bull run, and is now at an inflection point where the next major price movement could dictate the trend for not only Bitcoin, but the entire crypto market for the coming weeks to months, even years ahead.

0:01:39 Thanks for checking out this video!
If you wanna read the whole article you can go to CoinCheckup.com or go to: “NewsBTC”, who originally published this news update on their website.

——–

Other Credits:
Background music: Tevo by Vexento
https://soundcloud.com/search?q=Vexento
Creative Commons – Ask Vexento for permission if you want to use this song.
Music promoted by Audio Library https://www.youtube.com/channel/UCht8qITGkBvXKsR1Byln-wA
* Created with https://content2video.com technology | Creating videos out of your data.