Bitcoin recently fell below the critical resistance level of $10,000 and is currently trading at a $9,500 limit. In recent days, altcoins have suffered a significant depreciation with Bitcoin, but some analysts say there are new developments that will stop the altcoin massacre and renew hope, while some analysts say altcoin will continue to lose. Here are the latest altcoin estimates of master analysts famous for the correct Bitcoin estimates…
Max Keiser: The Altcoins are dying and they’re still being forgotten!
Max Keiser, a renowned analyst who keeps bitcoin estimates, shared a lot about altcoins and stressed that further declines are on the agenda. Max Keiser adds:
THE DOMINANCE OF THE UNION IS RISING TO THE REALIZATION OF THE ALTCOIN SEASON, AND ALTCOINS CONTINUE TO SLIP AND FORGET. BCH AND BSV STILL HAVE A 90% DROP ZONE TO GO.
Bitcoin Oracle Willy Woo: The massacre in altcoin markets may soon end
Altcoins performed better as bitcoin dominance reached 32% in early 2018. Right now, it’s dramatic. In fact, the dominance of the leading cryptocurrency is now climbing to its peaks and shows no sign that it will stop its growth. According to the analysis of Willy Woo, a recent leading analyst and the Oracle of Bitcoin, the massacre in the altcoin markets may soon end, or altcoins can breathe at least a little. According to the analyst, soon the altcoin holders will rejoice!
Tony Spilotro: Altcoins are sinking into the bear market
According to market analyst Tony Spilotro, although there was a brief rally in altcoins in early 2019, it is becoming increasingly apparent that the crypto industry is still in the bear market outside Bitcoin. But according to analysts, when altcoin sensitivity is very low and Bitcoin continues to fall, will Bitcoin’s next bull market begin, or will it return to a bear trend like its crypto-cousins in the last few months? It’s hard to say.
Cantering Clark: Altcoins are trading under 200DMA! More casualties on the agenda
Altcoin investors watched a small rally event, and as bitcoin dominance increased, the altcoin’s movement was very narrow. Consequently, many BTC maximalists were turned, creating extreme panic, despair and fear among altcoin owners. As popular crypto analyst Cantering Clark points out, the downward trend continues, but almost all of the crypto market, which includes the top ten crypto assets based on market value, is trading under 200DMA.
Welson Trader: Bitcoin may jump again and altcoin hopes may be in vain
Some see bitcoin’s decline as an opportunity for altcoins and expect altcoins to rise. Well-known analyst ‘WelsonTrader’ overcomes pessimism with their prediction:
TO MERGE SOME CHANGES WITHIN 24 HOURS FOR THINKING WE CAN SEE A DRINK HERE! IT CAN ALSO BE USED WITH SUPPORT AROUND $9,500-9,550! IF WE STAY UNDER THIS, WAIT A WEEK WITH BLOOD!