Analyst Who Predicted Bitcoin’s 2018 Bottom: Altcoins May Plunge in 2021

It’s been an incredibly strong year for altcoins thus far. Versus Bitcoin, many have outperformed. As reported by Bitcoinist previously, the small-cap, medium-cap, and large-cap altcoin indexes from crypto exchange FTX have outperformed Bitcoin since the start of 2020. Yet a prominent analyst expects this trend to reverse in 2021. He went as far as to say that Bitcoin dominance — the percentage of the crypto market made up of BTC — could surpass 2019’s […]

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