Bitcoin’s volatility could push investors to hold more altcoins in 2022

The correlation of altcoins with bitcoin continues to decline. Experts have predicted an increase in investor altcoin holdings.

Investors have assessed the risks in cryptocurrency trading. The decreasing correlation between Bitcoin and Altcoins makes Bitcoin a lucrative asset class for investors in 2022.

The March 2020 crypto bloodbath sparked cascaded liquidations. Most of the altcoins slumped after Bitcoin and stocks.

In 2021, Ethereum will outperform 17 of the top hedge funds. Profits from altcoins attract investors to this emerging asset class. Analyst The moon has record The interest in altcoins increased.

Experts assume that the price development of the Ethereum-Koller Cardano shows no signs of an imminent bear market. Analyst and trader Gert van Lagen expects the uptrend to continue as the beginning of a bull market does not have to be broken yet.

BitQueenRR user noticed that Fantom is one of the strongest altcoins on the market right now. Analysts are looking to altcoin for a chance to test new all-time highs.

“FTM price broke out in a bullish consolidation and tried to test resistance. Once that resistance reverses, it would be a great opportunity to add something at around $ 3.50 before testing the ATH. “

https://twitter.com/BitQueenBR/status/1477252101612920837?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener
Axie Infinity, a play-to-earn game token, is showing a bullish reversal pattern.

Source: TradingView

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