What Will Happen If Bitcoin Spikes back to $20,000?

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·@gauravyadav3206·
0.000 HBD
What Will Happen If Bitcoin Spikes back to $20,000?
The majority of experts believe that Bitcoin will once again hit the $20,000 mark. However, none of us can be sure of neither when this will happen nor how long it will last. Yet one thing which is likely to happen is that when Bitcoin reaches $20,000, the rest of the market will follow, even at an incredible pace.
![bitcoin-spike-jpg0.jpg](https://cdn.steemitimages.com/DQmcaKUEcNfStVxkVmog3vzdCY9Du7nT76yxXwCuMh3Z3Gv/bitcoin-spike-jpg0.jpg)
Since Bitcoin dominantes the markets by over 42%, we can only expect a $20,000 value for Bitcoin to reflect through a number of altcoins, including Ethereum, EOS, and NEO.

Ethereum is sure to follow Bitcoin in any bull run since the second biggest currency regarding the market cap is, though way behind Bitcoin, firmly in its position. As a result of its proximity, Ethereum stays tight to Bitcoin. When Bitcoin jumps, Ethereum does too and therefore, a $20,000 hit for Bitcoin will lead to Ethereum’s climb.![4y2i5owm1zwyxzgi2mdyzni5qcgc-jpg0.jpg](https://cdn.steemitimages.com/DQmfN7KeTZqQe75FKn8dCWrhRryBJcMHwvCsrYTantkS8hs/4y2i5owm1zwyxzgi2mdyzni5qcgc-jpg0.jpg)



EOS too will see a huge benefit from a $20,000 Bitcoin value. Recently EOS has made its own way up to an all time high of over $20. Because EOS is able to move up on its own, it can really make the most of a climb by Bitcoin. If Bitcoin hits $20,000, we expect to see EOS subsequently spiking straight pass $30.

Last but not least, NEO is considered the Bitcoin of China. With this said, when Bitcoin trading flies, so will NEO trading. In addition, NEO is subject to Bitcoin sensitivity, therefore, when Bitcoin flies, NEO will too. The top price for NEO is hard to predict, but even so, based on recent success of the currency, NEO can be expected to triple its value if Bitcoin happens to reach $20,000.
           from:-inholding
           By (credit) :- vinnie antoinette
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