When BTC halves, it goes parabolic. Then it falls, but retains general upward trajectory. The drop off from the November-2013 apex (solid green) bottomed at the previous highs from April-2013 (solid cyan). We just peaked at $3,000 and I believe we're going downhill for a while. Hopefully we'll bottom (dotted blue) around $1,200 and start to go exponential at the next halvening (dotted green). BTC has always been a long-term investment. The constrained supply (mined periodically and predictably, yield halving every 4 years) results in an ever-uptrending level of demand, and thus price. To $7,500 and beyond!
All the other cryptocurrencies will continue to revolve around Bitcoin's price as long as it maintains core relevancy...
All the other cryptocurrencies will continue to revolve around Bitcoin's price as long as it maintains core relevancy...