Yesterday, Bitcoins Price had a steep rise breaking the descending wedge that it has been forming for some months.

While altcoins were having negative price action when Bitcoin was soaring, As Bitcoin started to hold the $8500-8700 range the altcoins started to surge in price

This was mainly lead by Bitcoin SV and Dash which increased in price by more than 50%.

This is a good sign for both Bitcoin and altcoins as a whole.

If this sort of Price action continues we shall definitely expect an Huge Explosion in altcoins after Bitcoin hits $20000.

But we can't confirm anything with such a small price action We have to wait and watch.

But according to me one thing is confirmed, The Price of Bitcoin is never going below $7000 again.

If you have anything to say please leave it in the comments.

Thank you. 

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