Will Altcoins Rise?
Bitcoin is approaching the $100,000 level. However, the recovery in altcoins still seems weak.
So, what conditions need to be met for altcoins to rise?
Firstly, reaching a new ATH (All-Time High) would increase global attention on crypto once again, bringing new users into the market.
Secondly, instead of sharp ups and downs, Bitcoin should consolidate after its rally, which would encourage capital to flow into new coins.
Of course, a broad market-wide altcoin rally still seems unlikely, but fundamentally strong coins could perform well in this scenario.
What do you think?
