What happens after Bitcoin breaks a new peak for the first time
What is the fate of alternative currencies and the currency market
Is this the beginning of a bull market or are we turning down again for a correction?
Usually when Bitcoin breaks a new historical peak, this is a strong indicator of the market entering a bullish wave (bull market), and often alternative currencies (altcoins) follow Bitcoin shortly after and start to move strongly upwards. But we must pay attention that after every new peak, a quick or temporary correction in prices may occur before the market continues its rise—and this is very normal in crypto.
In short: There is a high possibility that the market will continue to rise, but corrections can happen at any moment, especially after strong increases. Alternative currencies will likely benefit if Bitcoin stabilizes above the new peak 🚀.
Is there a specific currency you want to know more about or would you like trading tips during this period?
