Is the market collapsing or just alternative currencies!!
The current drop in Bitcoin from a peak of 126,000 dollars to these current prices is not a collapse at all, but rather a movement within a healthy corrective structure for the market. However, what happened with alternative currencies was indeed a collapse; liquidity was pulled from most currencies and dragged to historical lows due to chaos and the abundance of currencies available for trading. But what comes next?
I firmly assert that all currencies are at their lows now, and even if they drop, they will not fall more than 5 percent if there is a drop before the upward wave and at varying rates. Only the currencies that remain in the market will rise. Trade wisely and choose a viable project, not projects of illusions.
$BTC

BTC
68,321.4
-1.02%
$ETH

ETH
1,971.14
-1.94%
$WLD

WLD
0.4018
-1.25%