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Crypto Market Update : Bitcoin Price Pumping When Altcoins Aren’t


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Image by Satheesh Sankaran from Pixabay

 

Bitcoin price hit $114k USDT worth price value in last 24 hours but few Altcoins are still down. Solana, BCH, ETH and other reputed coins are following the lead of bitcoin but unfortunately the coin I bought is down. But when bitcoin is pumping, there is a hope that Altcoins are also start pumping sooner or later or bitcoin price would go down once again.

Anything can happen here and things are mostly unpredictable. In such situation holding is the best and wait for a good pump worth waiting. We are closer to welcome a new month and the gain was really very disappointing from my side. Can't continue trading as the coin I'm holding at the lowest price value and far away from my buying price.

Unplanned crypto trading is full of risk so we only should trade when market shows highest pump and lowest dump but problem is, waiting for that seems giving test of patience. Hard for many to wait for big pump or dump. Altcoins holders need to wait more for a good pump. If bitcoin price keep pumping, Altcoins have high chances to pump too.

Few Altcoins dump lowest like it is bear market but some reputed coins like BCH and Solana pump and dump match the Bitcoin's pump and dump. We can't expect all the Altcoins will perform like bitcoin. Bitcoin is the boss coin in crypto industry so it will keep moving forward and the dump will be not as shocking as few Altcoins dump. If get a chance of switching coin I would switch back to bitcoin cash but for that my coin need to pump. Crypto market weather will decide my next move so stay tuned to know my next trading plan.

Thanks For Stopping By!!

 

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shohana
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