Bitcoin Forum

So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

Yes, it's true. Personally, I noticed this trend for a long time. I think this is due to the fact that people getting a good profit from bitcoin seeks to reinvest it in other cryptocurrencies thus reducing risks. IMHO

I agree that Altcoin is influenced by Bitcoin but that's it
Another negative factor is the non-acceptance of crypto as an official means of exchange in different countries. And again because of the interoperable and price demand and supply and demand supply prices.

Yes, it's perfectly normal.
The overall amount of capital for the whole market is limited, so there is insufficient when bear market of the whole market, so most people would choose investment bitcoin, and when the altcoin began to rise, then there will be a money is flowing from BTC to altcoin.

Yes, I also noticed that with the rise or fall of the bitcoin price, altcoins always fly to the bottom.
It seems to me that the prices of altcoins fly to the moon, only when the price of bitcoin is fixed.

Your observation is quite right, it is a normal market cycle, lets hope bitcoin will soon skyrocket then only our alt holdings will grow too afterwards.

That has been the case for long time, the money flow into and out of the space through Bitcoin, because the fiat gate way is majorly through Bitcoin and will leave exchange through Bitcoin, it is when is leave BTC that if flows into Altcoin market, that is why I use to tell people that it is on the interest of everyone to allow BTC price to bee up because the price movement brings the market down also

I disagree, the trend is more like this. Bitcoin pumps - altcoins fall/stable, bitcoin stable -altcoins pump, whole market crashes. Then it all repeats time and time again. Alts only seem to pump when bitcoin price is steady

My feeling is that when Bitcoin is rather stable, the altcoins have their chance to grow.
When whales are getting out, they sell altcoins too, not just Bitcoin, making everything go red. Also since the alts are mostly valuated vs Bitcoin, they all look bad.
When whales get in, they buy Bitcoin first, making it skyrocket. And, as I said at start, when things calm down, the alts have their chance.

this trend has been working for a long time, I do not know only what it is connected with, probably people think that you can not get more from bitcoin and begin to convert your assets into alts thereby raising their prices

I'm not totally agree with you. In most cases the whole market follows BTC trend. So when it falls like now everything falls. Of course if there're good news about BTC and people start buying only BTC than most of ALTs will loose their positions, but it was only once in late December.

If I have to be honest, you are right. What you described corresponds almost to what is happening with the markets constantly. But in general, there is a lot of logic in it.  :)

Yes, I think it will be like this in the future too, this is a trend but for the future nobody knows.

No not really, i mean if you look at the charts you will notice that bitcoin and alts move the same way, take a look now for exemple bitcoin is in the red and so as all the other coins, and this also applies for going up, see this the thing about cryptocurrency in general you can't really explain or predict how the prices are going to change because they are not affects by one event, they are not controlled by some goverment or bank, they are affected by many factors and events, all we can do i be ready.

True, Very True observation.
Whole crypto market goes up when BTC go up, And if BTC down then all others go down.
Let's pray to go up BTC.

Not necessary. Your observations are ignoring the volume of the coins.
Everything obviously can happen as you described but there are some more patterns. For example sometimes when Bitcoin is at its high it can remain almost at the same point for a long time but the volume will be way lower and at the same time altcoins will rise. Something like that happened when BTC has been coming to 20k point.

BTC movements regardless going up or down the altcoins are going to suffer,when bitcoin's price has stabilized that is the only time when these altcoins are going to grow massively,because most of the investors are going to put their money to these altcoins,but if there is some consilidation these investors are doubtful to put their money in the altcoins that is why they are pulling out their money just to be safe.

I don't agree with you. This does not always happen, it can not be considered a regularity. For example now, all cryptocurrencies follow bitcoin. And when bitcoin reached its ATH month all crypto have done the same. And then fell along with bitcoin....

I've noticed that whales manipulate the market. And bitcoin doesn't fall without cause. A sharp drop at the market due to the fact that whales want to buy cheap coins. But we must be able to use this volatility.

Yep, bitcoin always blazes the trail when the uptrends come, once it reaches its peak and stabilizes, people shift their funds into altcoins which still haven't peaked. Similarly, bitcoin tends to be the first to start dropping, and is followed by the top 10 market cap coins, and finally by the low market cap coins.

All the cryptocurrencies are constantly being converted from one to another. Btc is the leading coin,  this is why everybody notice it's price changes.  But all the other coins ' prices go up and down,  but they don't have as much audience as btc does.

I am not yet familiar in trading but logically speaking, if the BTC goes up some investors are taking the advantage to sell bitcoins and add up in their altcoin. So, as we can see cryptocurrency is playing by traders. If you have nothing ideas or experience in trading, for sure you will be trap by this event.

yes it's a pretty normal pattern when i joined i was a bit scared but now it's like a routine for me

This is interesting opinion! I have never thought about it. But it seems quite rightly!
But both Bitcoin price and price of other crypto is badly predictable. How this opinion can be helpful for investments?

I disagree with you, so far I've seen bitcoin like its center, if bitcoin price goes up then altcoins also go up, and vice versa, i just pay attention to coin that have big reputation in society like eth, eth always follow bitcoin movement, although there is little difference , but so far I see that way, and I never see if the bitcoin price goes up then altcoin down, I never saw it.

I somewhat agree with your observation. That is usually the trend for "most" altcoins. I said most because some do not move inversely to bitcoin's movement.

Yup you are right BTC up = alt coins up BTC down = alt coins down

This is one of the reasons why I am on the looked and monitored altcoins to invest, there is good money to be made once you picked the right altcoin to invest I made money on Kucoin and Waves when they are hitting low and sold them at their peak.

Generally yes. When Bitcoin price starts rising, people tend to sell some of their alts in order to get Bitcoin. Will wait till the end point of the rise and then go on purchasing alts again to gain more tokens. It has become sort of a cycle in history due to the trend or pattern that is quite consistent.

Well, I'm not entirely in agreement. I don't have much experience yet, but from what I have observed, when bitcoin's price begins to rise sharply, altcoins price are lowing. The same happens when bitcoin's price falls. Normally when the bitcoin's price stabilizes or is lateral, altcoins are growing.

 here is really a very delicate idea, help to invest a lot. I am a newcomer to the Crypto market. I read your post and realized a great lesson to apply for business. If the market fluctuates as you say, it's easy to predict the trend for a more rational investment.

Whale doesn't manipulate the market, but regarding mtgox case and mtgox trustee are try to dumping some big portions of bitcoin to the market instantly. To pay the creditors and mtgoix trustee was sending 35k bitcoin and bitcoin cash to the market. The whales just try to push market a little bit but with helps from the trustee and it gets pushed a lot to the bottom.
I think that you must try to read more about that.

that's quite true , you will see also dominance of btc is above 40% that means people are dumping their altcoins and jumping on btc train .

I agree with you, I think alt coin only do pumb when bitcoin price is stable / up, but if bitcoin price down / unstable then altcoin price come down

yah i agree. you can see on the market many altcoin down while the price of bitcoin down, is like if bitcoin crash all coin or token is going crash to. so maybe bitcoin like a king and altcoin like a soldier.

I am not so sure of this statement, it seems like it should be a McAfee classmate to be able to make such a statement explode in society
but, at least this could be my consideration in monitoring the price

investment spread to different option like bitcoin and altcoins. when bitcoin is pumping investors/users exchange their altcoins to bitcoin resulting in altcoins to drop its price and when bitcoin is dumping they exchange their bitcoin to altcoins again.

Ye I think this is a very apparent trend. Timing is key when playing that game

Bitcoin could get a higher value when more optimistic people dip their wallets into Bitcoin. They could move from USD to Bitcoin as well.

Indeed. That trend is perfectly normal. Bitcoin's influence in altcoins are extremely high because it is the pilot coin. All coins are very low in price these days because bitcoin is decreasing as well. Waiting for bitcoin's pump so that I could sell my altcoins. Can't wait!

As far as I know, crypto market movement will always happen like that, if bitcoin prices continue to increase, altcoin values ​​will be at the lowest point. But I notice that in the near future, the price movement of Altcoin almost always follows the bitcoin price movement, when the bitcoin price rises, the altcoin value will follow although the comparison is far, but the current crypto market movement has always been that way

Its called correction.

Not only when the Bitcoin in the significant uptrend but also it applied in the downtrend, all the altcoins price is affected.

if Bitcoin stabilizes and didn't make any a big move, altcoins will finally make a significant movements.

I did not pay attention to this, it seems very reasonable! Maybe that's true, I'm just a bounty hunter so I do not pay too much attention on the Crypto-s market transformation :D
I wonder this is good or bad?

Yes, this is long known fact. We had crazy bull market when BTC and all altcoin were increasing in price along with bitcoin. Now market settling down.

Nope, that is only when people are trading bitcoin and altcoins, by people I mean the big players, when people are cashing out then everything goes down at the same time.

Indeed, there is such a tendency, so I agree with you. It is also well manifested when there is a sharp jump up the price of Bitcoin. After that, you can usually expect the growth of altcoins.

This is a normal trend it is called a see-saw effect, the money first flow into Bitcoin and when Bitcoin price seems to have reached the peak, the money then start to flow into Altcoin market. This was thesame trend last year December before the market crashed

In the past, the system was moving as you thought.But it's not like that anymore. Increases are continuing together now. Of course the declines.

I agree with you, as you have said that not only bitcoin can affect the price of alt, some whales can affect the price of altcoin, if we see and observe it it does look where demand is higher than the existing supply can be assured the price will rise, and whales can use it to their advantage, and will be very risky if you get stuck in a whale game,

You have good points, but it's rather hard to guess what's going to happen based on patters. Usually there are new patters in place that you never knew of.
For example, I never expected the market to SKY ROCKET so much in January.

It is normal that Bitcoin and Altcoins are keep on going up and down because Crypto Market is volatile.
It's not surprising that Bitcoin and Altcoins are suddenly changes their course because no one could manipulate the market except predictions by experts.
We are only relying on the market course.

People are dumping their altcoins because they want to save their loss that's why Bitcoin and Altcoins will suddenly drops down due to fake news, FUDs and some government regulations that could affect directly and indirectly the market and the investors.
Every time there's a market crash, some people are thinking maybe it's the end of the crypto technology but they are crypto price correction instead.

Can't agree less, that has been the condition of the market and especially in this recent time. Bitcoin seems have a push-pull effect on Altcoins, people will sell off their Altcoins to Bitcoin whenever there is an increase in the value of Bitcoin, thus making the alts and vice versa. This is now very much on the high due to market volatility and the continuous fluctuations for sometime now.

That's right, because the real thing most affects the price of a coin is the number of transactions then if anyone very rich wants to control the price of coins even altcoin I think is very possible

All of the major coins in the top list are on a all time high category and there is no point in thinking that we would see a big rally from those coins,that is not the case with bitcoin and when ever the price of bitcoin goes up,the alt coins market follows it and vice versa.I am not surprised by the market trend and expect these kind of markets for a long time.

That's right, I agree with you, I'm a bit concerned, bitcoin does affect altcoin, and I think it's fair because bitcoin is the first coin worthy of an example of success, and it's also good for traders, they can do it. double benefit

If you judge logically with the growth of Bitcoin and Alts, they start to go to the growth, and most likely it depends on the fact that people get transferred profit from bitcoin to Alts, so you have a tendency. But maybe there are other factors.

Honestly, I recently started to do all this, and so far I have not noticed such a tendency ... But now, remembering the jumps of the coinage courses, I understand that what you said is like the truth ... And I also have a question, What is the reason for this?
Anybody can so clear answer, I wonder?

We always look for regularities. Our brain is so arranged. Next time your template won't work.
Many thought that they have solved the market mechanism. But it not so - it is unpredictable. For us, it's precisely.

Yes i agree, it always happen, just like last year when the price of bitcoin goes up to $19000, then as of this year it is only $9900, but it still depends on the people how they transfer their profir from Bitcoin to altcoin.

I've seen that few times. But generaly if BTC grows, altcoins grow as well, and if BTC price became lower, altcoins prices became lower too. So I can't prove that your opinion is 100% right.

I agree with you, but most of the time that when bitcoin grows altcoin will fall is not happening. Sometimes if Bitcoin grows, altcoins start to grow too. Same sa when bitcoin drops, altcoin drops too. Its not always contradicting each other, sometimes they are same they grow and fall at the same time too. I think there are some factors that affects the market, at this time we dont know it yet but im sure at the mere future we will discover it and it will help us in decision making for our investments.

I noticed that sometimes but not all the time when bitcoin is falling, altcoins is increasing because there is a cases that both bitcoin and altcoins are going to pumping or dumping.

indeed such a function of trading itself, where in the definition of trading are 2 different product types, where the exchange of coincidence of price increases for the couple one, and the opposing couple will experience pemurununan.

Example:
BTC / ETH if BTC experiences UP trend of course ETH will experience downward trend, because 2 of these products are opposite each other, and the most important thing is the main product / core as the guidance of other product price movement.

I also realize that this always happens in a loop, the main reason is that BTC has received the trust from investors and when there is good news they will start to buy, until some time saturation they will change the portfolio

Actually this was the case before but not now. The altcoins are behaving same as the bitcoin now a days and hence the coins are going up when the bitcoin goes up and altcoins are going down when the bitcoin is going down as well. However the effect which you talking about used to be there when we were at the mid 2017 year. At this period the bitcoin and altcoin behaviour was completely opposite. The reason was simple, whenever bitcoin used to go down people use to buy more altcoins because they saw more profits in them and when the bitcoin use to go up they use to buy more bitcoin thus pushing it even further.

I think it is very common because in principle the basic trading strategy yaitumembeli when the price is low and sell at a high price. while prices of bitcoins are skyrocketing a decision to make a profit will be done by traders and stream some funds from BTC to buy altcoin.

Technically speaking, there is no such comparison in between bitcoin and altcoin and that neither of the coin hardly effect the market of other coin. It is because of the fact that both the coins have their separate domain and that the investors who invest in either of the coins invest based on their own personal interest. The ones who want to do day trading will never opt for bitcoin and those who want to do holding will never opt altcoins.

This is normal behavior for the cryptocurrency market. Altcoins are changing their dynamics with some delay relative to BTC. Investors need time to switch to a new trend (BTC or Alts).

I do not agree fully with the author of this thread. It seems to me that Bitcoin sets the pace of development of the entire market. When Bitcoin is growing altcoins are growing too with some delay.

Yeah i've noticed that a lot of the altcoins are dependent on btc as well. When it grows - they grow and vice-verse.

I rarely agree.
Truly bitcoin dominate other cryptocurrency, but the common principle is that when BTC rise altcoin rise as well and when it fall alt. will also fall, this is because of high trust investors had to bitcoin, made altcoin to be dependent upon BTC.

The alts prices are still tied to the Bitcoin. What I have seen in general is that Alts go up when the Bitcoin price stabilizes, alt prices drops when bitcoin price drops and alts price drop when bitcoin price goes up. So just let the bitcoin to become a bit stable and we will see the alts go up.

Our altcoin holding will grow even now if the price of the bitcoin rises slowly or remains bit stable/less volatile. It is not necessary that bitcoin has to skyrocket and then drop for other crypto currencies to rise. Altcoins are related to bitcoin just because many exchanges world wide use btc pairing trade for altcoins, which gives bitcoin volume and connects its movements indirectly to the other crypto currencies.

There is always time for altcoins and time for bitcoin. When one rises, other remains low and when the other starts to grow the first begins to crash.

Yes, you are on point. Atl coins drops because the bitcoin or eth prices are dipping because some alt coins depend on bitcoin and eth. But when eth and bitcoin go up the alt coins prices also.

Yes I, too, observed this trend. The money just flows from one place to another.

My understanding is that the price of BTC goes up and altcoins price also goes up!

Because many altcoins price calculation basis is based on BTC!

The prices of altcoins depend on the price of bitcoin. If bitcoin gets more expensive, the altcoins are also going up. With declines, the prices of altcoins are also decreasing. Bitcoin has an impact on the direction in which the entire crypto market goes.

I think there is a real evident correlation between the rise of alts and bitcoin going past its peak. I think it's people taking profits from bitcoin and placing it in alts. These are the intelligent traders who try to stay one step ahead. It pays to be a contrarian

patterns like this exist but you can not really rely on them forever to make trades. there are a lot of situations when these patters are not true. for example now as bitcoin dropped and all the altcoins were dropping, there were some altcoins that were defying all the laws and were getting pumped.
that is the nature of manipulated market, you can not make patterns and certainly you should never follow them.

It does not always so happen. Bitcoin has a high dominance in the cryptocurrency market, so the movement of the most of altcoins will depend on how it behaves in the market. Usually, the growth of altcoins occurs when Bitcoin is in flat.

It is nice to buy cheapest coin and hold so that they can trade it in the market if it has a high value because no one else can say when it comes or happen. In crypto currency world each token has different value depending on the market.

If we closely watches the recent price chart of cryotocurrencies it will looks like the bitcoin price chart so when bitcoin bumps altcoins also bumps and vice versa so it is impossible to predict that which pattern they are following so what we need to do is long term investing in potential coins.

Ha ha
Maybe this is the best strategy on the crypto market)

In the crypto money market everything can change. Btc is affecting everything and I agree with it until the end. As the time progresses, this becomes more apparent.

I agree with you yes from the first chart is always so because all the coin relies on bitcoin if the ride altcoin is also the same good step that we are for now ya invest a long time and wait for the right time to sell or buy

That’s the case for now. The reason is many exchanges use BTC as trading pair for other crypto currencies and there are no fiat gateways for transaction in USD or other such currencies. If a person wants to buy some altcoins, first he has to buy bitcoin and they exchange bitcoin for the altcoin he wants on exchanges and trading platforms. This connects the prices of altcoins with bitcoin.

This wont be for long as many exchanges are getting regulated and fiat currencies are being added to many exchanges which removes the need for one to buy btc in order to buy some other altcoin.

yes i have noticed that when people got profit from bitcoin investments then they reinvest in other cryptocurenncie it reduce risks.

True. The whole game in controlled by the whales. When whales get in crypto, the buy bitcoin first and hold it for some time, till other people see the surge and buy it too, then they dump btc with profit and buy other altcoins at cheap with it and therefore creating surge in altcoins, people as usual seeing the surge get in altcoins and whales again sell altcoins for btc and the whole cycle continues, making the whales even more rich and giving more control over the market.

If one understands the market, he can make profits alongside whales, but if one doesn’t know what is going on, the whales will swallow him whole leaving with just loss and regret.

I entirely agree with you. Yes I noticed this pattern market moves like the way you said on several occasions. Whenever there is a aggressive movement market makes correction after that. As we all know everyone want to sell its bitcoins when market at peak and after that on the other hand we buy less value altcoins that has good potential in hope to earn maximum profit from that coin.

that's what happens, when bitcoin is pumped up, many of the investors exchange their altcoin with bitcoin. and after bitcoin tends to be stable. traders and investors exchange it with altcoin. and of course there are techniques and strategies to do this kind of scenario.

This is how the speculative market looks like. This is a normal process in the current high volatility of both bitcoin and other crypto-currencies

I fully agree with your opinion because I also see a lot of coin that has touched its lowest price due to this bitcoin price reduction and it's time to buy and wait for the price back up.

If we look again it is always like the rhythm experienced in the world of crtypto, I agree with you.
But now the market is very strange I note the fluctuations of Bitcoin always with the price of $ 9000-10000 nah immediately altcoin prices also continue to experience a very deep decline, let alone newly listed ICO coins in the market decreased by 50%.

I agree with you, mate. All are connected to bitcoin and without bitcoin they will fall as well.

It is usually the same pattern when bitcoin raise all the other coins raise as well because BTC is one of the base currencies for altcoins. Also after steep raise it usually falls to 1/3 of the highest price a from this price after few months it goes even higher. Now it is the right time to buy again.

these are obvious things, it's just impossible to know when the fall begins or ends. so I choose long-term

It is happens only in few cases, the thing that you should notice is volumes. Whales totally control the market, retailer can't do anything. its better to follow the market and don't against them, you will regret.

Yes but now the most of investments are out you can check total coinmarketcap its 370 billion . It should be atleast double to reach december price . Once the investments back then there will be huge boom . I think there should be some major news as well as investor has to return back . I dont know how long it will take investors trust back .

I think yep, its long known fact. We had crazy bull market when bitcoin and all altcoin were increasing in price along with bitcoin, now market settling down.

So this is a standard scheme on this market and this trend is very easy to trace, also I noticed that when the market is at peak and then falls, then many coins do not return to their previous price

All that you wrote has the right to life, but all this happens every time in different ways, last spring the bitcoin grew and with it grew altcoins, then in the winter bitcoin fell, and altcoins grew, everything happens differently

Yes, studying the market I also see such trends. Altcoins do get influenced due to variations in BTC.

Maybe market trend speaks of the 'magnetic' effect of bitcoin! Another flag, another crown statement to all the disbelievers!!!!!

The way I see it is that when bitcoin goes high in value, many purchased it therefore lowering the supply and making the prices high. This happens when people sees a potential rise in bitcoin and a sudden dumping of prices. Now in this scenario while bitcoin is worth investing, altcoins are left alone lowering its price because of the possibility that they invested on bitcoins and sold it. When the price of bitcoin stabilizes to a point where it is not moving up, investors find it not worth investing and therefore transfers there focus on altcoins. These are just my thoughts I don't know if this idea is correct.

Yes I am completely agree with you and your observation and prediction are quite good and rightly also. We have seen this at bitcoin was life time high all altcoins were range bound to bearish and as soon as bitcoins was stable at 18000-20000$ level all altcoins was making new life time high . Mean this is co-relation to altcoins and bitcoin. If bitcoin making new high, people will book their profit and invest it in altcoins so bitcoins will go down and all altcoins will go up.

I think this is not what happening during the latest ultimate dip and after the dip that when Bitcoin is falling down it creates a domino epic to all altcoin in which it drags most of the Altcoins price to fall down too. Then after the correction and market healing i observed that when Bitcoin will suddenly become red i see all Altcoins becoming red again too maybe because some are still in trauma during the dip and got easily panic selling their altcoins.

Of course I agree. Altcoins are pretty dependent to Bitcoin that is why traders would like to play that way as Altcoins are way cheaper and they can make a buyback when Altcoins bleeds because Bitcoin's price is still up. That is how it really works and that is what makes crypto the best investment due to fast movement of prices or high volatility. Profits and losses are with this cycle but I believe to lose is a matter of luck and choice.

The trends you saw are trends in the past and it's not related to the one in the future for sure.
So i think the source you have to focus with is the information one which could bring you some really big advantages in the fight . But remember don't listen to whatever bullshit bankers saying.

It's okay for Bitcoin to going down because that's how it works.
If there is exist a downtrend so it will be exist a uptrend in the future.
Only going down or going up isn't naturally and it could turn that thing into a bubble or a disappear.
So in my opinion, it's nothing wrong with Bitcoin and Altcoins, just chill out and wait for the right moment.

I've been noticing this several times, this is absolutely true because altcoins depends on the move bitcoin. As you can see today the price of altcoin keep falling down like what happening to bitcoin today.

Yes it is true. This is how the market works. So now only what we must do is waiting for back to normal price. This is temporary so maybe in next week everything will back

So simple, also bitcoin will have its time in uptrend. This market is really unpredictable so we should expect its time for dumped price. There are factors that affect its value however I still in bitcoin market that will skyrocket.

I also noticed this trend and try to earn on this change in the rate of bitcoin and altcoins, but it’s important not to wait too long when rate will dump

It seems to me that the fall has dragged on. Everyone is waiting for growth, but the market does not react to good news. I am tired of this. I hope that the bulls will win.

Altcoins are heavily dependent on the Bitcoin course and some coins do not rise in price when the Bitcoin’s falls, but have a large dump too.

Not so agree but the it is right in some degree but not all.

The market has recently become too unstable and Bitcoin's influence on alts has decreased significantly, now not every coin is so dependent on Bitcoin's rate.

Money flows in and out of that place via Bitcoin, when leaving BTC that if it flows into the Altcoin market, that's why I use to tell people it's in everyone's interest to let the BTC price go down because price movements bring the market down as well.

There are very many patterns on this market. Untill it's on regulated there is wild west and many things couldn't be explained in rationality manner

Been here since 5 months ago but haven't noticed that pattern yet. Maybe i am just too busy with the bounty i have participated and hodling bitcoin. Well, whatever that pattern says, i just hope that it will follow last year's pattern where bitcoin skyrocketed to 20,000$.

No, I do not think so. Increased bitcoin all altcoins will also increase. bitcoin is like a king and when the king gets a lot of money, the country will also become more prosperous.
I think you have had trouble understanding the laws of bitcoin and altcoins. Look carefully and make the right comments. Your posts will help more members in the forum.

I suppose that indeed there is a market capitalization and people who can invest money to bitcoin and then sell to invest in alts. But there are still new investors who judge the market by btc rate.

i agree with you,i noticed that too when bitcoin skyrockets up the altcoin go down why is that?maybe altcoins depends on bitcoins price  maybe thats how the market works.

Yes, I agree but bitcoin is the leading coin, so anything that affect bitcoin positively or negatively will directly affects all other coins. Though each coin do have it's own feud that combined with its volatility but Bitcoin still have the most final prediction.

I think generally that is the nature of online trading be it futures, cryptocurrency and forex. Once a new high is made the market tend to reverse momentarily and the reason is that investors will be harvesting at that time and that will force the price down. Then just because the price down they will be others that will be buying to sell off when the price will make another new high.

I agree with you mate, when bitcoin are in its highest, altcoins are in its lowest. They are both opposite. Investors are just really not loyal to the coin they want. When some of it has high volume, investors are there, expect it. And when that coin will be dump, they find another new one to invest in

Last two month Bitcoin is going up or down only together with the majority of altcoins. I do not remember a day when BTC jumped high, and alts fell down, and vice versa. It has become some organized scheme even.

I noticed that the market capitalization is almost not growing and those investments in Bitcoin are usually transferred to altcoins.

I noticed that the market is developing according to its own rules. After each growth there is a fall. This is common behavior. There can be no eternal growth and an eternal fall. You must learn to profit from this, in order not to be nervous and be able to act properly on time.

I strongly agree that Altcoin is influenced by Bitcoin,
I say mostly because some do not move inversely to the motion of bitcoin,
Another negative factor is the non-acceptance of crypto as an official means of exchange in various countries,
hopefully bitcoin will soon skyrocket then only our alt ownership will grow also afterwards.

Otherwise, and cannot be, all crypto traded to bitkoinu and if bad bitkoinu, and not good altcoins. In the same way and in the real world) If your national currency tied to another, it followed and moves

this happens not always the time . look at the coin market cap website
if you see the charts at the right side there is almost identical chart showing how movement of bitcoin and other cryptos. I experienced like you said that scenario I think back when ETH is just at 400 usd and struggling to break through while bitcoin is staying at the top

there is a logic behind it. have you heard of arbitrage? every time BTC goes up fast the USDT based traders will get profit for selling altcoins to BTC thus the sat value of certain coin drops. an example is eth/BTC pair, the USD value of eth/BTC goes up if BTC goes up compare it to usdt/eth pair thus bots/traders abuse this by selling eth to BTC then sell to USD later or buy eth via USDT pair then sell it to BTC, it will stop if the price stabilize. it happens so fast that you will not notice it.

And people will buy coins on cheap price if the BTC stabilize the reason its going up again.

yah. i think that is true. if the price of bitcoin increase many altcoin will increase to. if we see on market if bitcoin and ethereum going green. every coin in market turn to green to. maybe not all.

I noticed also the same thing. The pattern is as you explain. When the altcoin price falls, the price of Bitcoin will rise. So when someone wants to buy altcoin, then they sell the bitcoin that the price is high. A very sensible pattern.

Market is very volative and cyclic. We can only hope and predict some things, that would not always be just like that...

Yes, i agree, but this is only a rare situation most of the time altcoins follow what identical chart movement of bitcoin referring to the supply chain which also all cryptos are affceted with what happened if the head of cryoto currency turns struggling because of different issues making it drop the value in a certain point.

To some extent, this is true. However, one must caution to randomly give out advice like this. There are many cases where this trend does not apply. Simply look at Ethereum; it's growth has it's own pace probably because it's technology addresses something different from bitcoin.

Ideally, once we move towards a more mature market, this correlation between bitcoin and altcoins should lessen and eventually coins will be independent of each other and value will be based on actual worth of the project.

i think im agreed too but i just wanna said, we can just predict 100% the market we can just predict 50% - 75% the market will be going. sobe carefull about market and dont really believe about market. i think just that i can say

Agree, it cannot be denied that when altcoins goes up as bitcoin increase it's price value during bull market and vice versa. Altcoins and bitcoin are correlated with the other and it's performance is directly proportional with the other.

I do agree. I used to look at market cap. If the marketcap is increasing drastically there will be down trend soon. But i do think market is hard to be predicted and sometimes its better to trust your feelings. its true its seems like bitcoin not increasing too much but look at BCH which are the hard fork of bitcoin. BCH increasing so much while bitcoin remain stable on 9300 $.

which I see is like that. and I think that's how it works. how to keep the market stable. I think bitcoin also has a continuity between other altcoins. but that's just my perception

This market is not stable, it is highly volatile. If you mean stable by which follows the same pattern as before, then I agree with you.
This is perfectly normal, it is within the usual trend. This is all likely thanks to the limited overall amount of cap for the whole market.
And when insufficiency is experienced in the market, most of altcoin assets would flow to bitcoin and eth, the relatively stable ones, then goes back to other end again.
Most altcoins, if not all, are reliant to bitcoin.

I haven't noticed that, this is good to read. I noticed the other thing, that if bitcoin goes down with dollar, everything else (whole cryptocurrency market) goes down with dollar too. Now I will look and take your notice in to the concern and I hope it will help me in my future trading, as I got everything invested in the altcoins

yes it is like that, bitcoin is always the start because bitcoin is the whole pair of altcoin in cryptocurrency. live we determine supply and demand in a timely manner

Agree with you that people with the same predictions as well as the same way of thinking you act will find consent from your family, social relationships, and friends or your team.

I do not follow such a pattern. I just look and expect bitcoin to reach the highest price of $ 20,000 and I will sell all the bitcoin I have. In my opinion, such a pattern can not be used as a benchmark in crypto. All altcoin prices have their respective fluctuations and can also be affected by demand and supply

All the time, all of the money is going into Altcoins, when the bitcoins reach a certain height. The money starts to transfer Altcoins, so most Altcoins should choose to sell at high prices and lock in profits.

I think the last few days are not so, the bitcoin and the first-layer altcoin are both experiencing a significant increase. Perhaps some investors who cut lose have bought back especially on the famous coin.

I think the growth of market capitalization does not reflect the pattern you are saying. If there is only a shift, maybe the market cap does not grow 20% in the last few weeks.

Yes, thats the usual thing happening here, i agree with you mate.The money goes to bitcoin when there's an uptrend, then, the money goes back to altcoins when bitcoin reachs its ATH. Then, a new market cycle begins to happen.

I think that's true, in theory maybe the first new investor to enter crypto will first buy bitcoin. Then they will start trying altcoin, and from that model, there is a pattern of growth of bitcoin and altcoin.

I've seen that few times. But generaly if BTC grows, altcoins grow as well, and if BTC price became lower, altcoins prices became lower too. So I can't prove that your opinion is 100% right.

No it always does not happens the same that if bitcoin rises and then all the altcoins go down...i have seen that other altcoins rise as well with the rise of bitcoin...like ethereum and litecoin they rise with the rise of bitcoin so i dont agree with this

Yes it happens but not everyone bitcoin rises that all coins fall. It doesn't mean bitcoin is the determinant. All coin have their different markets

All that you wrote has the right to life, but all this happens every time in different ways, last spring the bitcoin grew and with it grew altcoins, then in the winter bitcoin fell, and altcoins grew, everything happens differently

I also think so. The bitcoin price really gives the influences to the altcoins. We can see and analyze the condition about a few months ago. When the price of the BTC dropped extremely, we can see how was the altcoin? They were also very dramatic dropping.
Now, the price of the bitcoin starts rising and we can see some of the altcoins starts to rise.

a good analysis and it is true the system as it is. with the case then could understand in a trade will be easier because you can understand the situation. knowledge like this need to be improved in order to have the capital to trade information crypto.

In this case I think Altcoin is heavily influenced by Bitcoin, it does not accept crypto as the official means of exchange in various countries.
money flows in and out of space through Bitcoin so that it will affect the exchange rate of altcoin.

I think this is not what happening during the latest ultimate dip and after the dip that when Bitcoin is falling down it creates a domino epic to all altcoin in which it drags most of the Altcoins price to fall down too.

Yeah, that's actually not a secret, most of the people that living in cryptoworld for at least 2-3 years already noticed that pattern

We always look for regularities. Our brain is so arranged. Next time your template won't work.
Many thought that they have solved the market mechanism.

I agree with you yes from the first chart is always so because all the coin relies on bitcoin if the ride altcoin is also the same good step that we are for now ya invest a long time and wait for the right time to sell or buy

many potential price movements begin to grow and fall. all understand, when the movement of bitcoin prices greatly affect the price of altcoin. most altcoins follow bitcoin price growth and I think only a small amount of altcoin can survive when bitcoin prices go down. which I know bitcoin prices as the core of price growth.

That's what everybody notice and that usually happen and as bitcoin as the dominant one altcoin always follow its movement. Once the bitcoin is dump as well as almost of the altcoins are dump. And once the bitcoin pumps hard, people are selling their alts and switch to bitcoin that's why alts are dumping.

This is always the trend.

Yeah that's true. People will invest first in bitcoin and once they have get a good profits they will trade it with altcoins in hopes that they will get the biggest break once the altcoins do the pumps. And after the pumps they will return back to bitcoin will bigger investment. This is a cycle of small scale investors.

Just always remember that in every price raise or moon there will always be a dip. And how far the dip will go will depend on how quickly the moon occurred. The reson for that is people are quickly selling their tokens for profits that is why it the price will quickly plummet down. That is how pump and dump groups control the market.

For bitcoin many altcoins are dependent to it since it is one of the most used cryptocurrency to buy other crypto and is also used to exchange crypto to fiat. So if bitcoin price is down it is only natural that the price of most altcoin will be affected .

That's true, because all altcoin is affected by bitcoin. So if bitcoin changes in price then other coin prices will also be so affected.

Yes, I've also noticed that when bitcoin goes up, people choose to sell altcoin and convert it to BTC.
This is an interesting phenomenon, although I don't know why.

I don't think it is as simple as that otherwise the herd mentality would mean everyone was making money. Also if Bitcoin is dropping then usually the alts will follow down so this doesn't correlate that people would sell BTC and then buy alts. If you are watching ETH now you will see that it is often moving independently from BTC. I think your theory may be right some of the time but not all the time.

Once a new high is made the market tend to reverse momentarily and the reason is that investors will be harvesting at that time and that will force the price down.

Actually, the price of ethcoins is tether to bitcoins and that is the reason why ethereum is increasing when bitcoins is dumping, its all about supply and demand in the market.

OP it does look like you are onto something with your analysis at this point. With every increase in price in bitcoin and other coins, which only lasts a week at best, the dip that follows has always lasted several weeks with little to no recover. This is a new trend though and I would not be surprised to see this trend change in the next month because that is what always happens with bitcoins and cryptos.

In your model, it looks like altcoins artificially supported by Bitcoin. I think that the alts are still too attached to Bitcoin. And I hope soon it will end.

No, I noticed that the market is moving synchronously, or everything is growing, or everything is falling, two options.

I noticed that there is no single scenario of market development, it is always not what we expect.

I agree that all major cryptocurrencies are always moving in the same direction. Only recently issued tokens do everything on their own.

yes, I agree with you, when the market to the moon, then the market will not last long, and will fall back to a low point.

but I do not agree if bitcoin rises, then altcoin will go down, because my analysis, when bitcoin rises, then another altcoin will also rise. and only little altcoin that dump.

when the market falls, then people will buy bitcoin and also altcoin. the money will be divided to buy bitcoin and altcoin.

Yes, I have also noticed this. When bitcoin increases then many altcoins come at low position. Then people start buying it. People who cover in high the money of bitcoin and buy altcoin at cheap rate. They get profit from both sides. it happens very often. Most of the time when bitcoin falls down, altcoin also falls down.

I agree with you that all altcoin will be exchanged through bitcoin, so each time we see a bit of currency rising first, the other altcoin will rise again, because the new money will first enter by bitcoin. It is for this reason that we have an advantage in patiently holding bitcoin.

I also have the same opinion. the price movement of the altcoin affected by conditions or the movement of the bitcoin. This is why the bitcoin is referred to as the parent of the coin.

Yes I agree with you. I also noticed it that way. When bitcoin begins to recover, almost all altcoin prices also rise. Conversely, when bitcoin plunges in deep troughs, altcoin prices also fall sharply. Maybe it's a pattern that will continue.

really, the fluctuations that occur between bitcoin and altcoin are the transfer of users from bitcoin to altcoin or vice versa. This happens because of many factors that occur.

yes I do notice that a year ago. even this last peak of bitcoin, the faster the increase of its price, the same happens when its price will crash.
when bitcoin is high, the opposite will happen on altcoins, vice versa if altcoins is high, bitcoin is low.

At present, the total amount of funds in the cryptocurrency market is approximately $450 billion. So when these funds flow into BTC, other altcoin prices will fall. If these funds are injected into Altcoin more, the price of BTC will also be affected. If you want BTC and Altcoin to soar, then you need fresh whale funds to enter the market.

yes, I notice that it too. qhen you invest in bitcoin and it is in high price I think it would give you a big profit if you sell it. so when the time crashing down the bitcoin, we ,investors doesn't take the risk but they re invest it in in the other coins that much like a good rising now. I observed it for past 6 months and it is really happen

I never noticed that. All I see lately is the fall of the entire market and its General rise. And bitcoin is no different from the rest.

Even whats the trend is,iDont care as if we can do anything about this,and you have seen the pattern?then why not invest now since you have good looks at whats happening.

Buti doubt you have the guts and balls to bet,because you dont wanna risk your money instead you have just created this so we may have something to talk with

Just go with the flow guys,we have no capacity to agree nor disagree to whats having i this market now

Yes, it is quite natural process . It all depends on supply and demand in the current market. But everything can change at any time and there is nothing you can not be sure of

In this case I think Altcoin is heavily influenced by Bitcoin, it does not accept crypto as the official means of exchange in various countries.
money flows in and out of space through Bitcoin so that it will affect the exchange rate of altcoin.

Yes, it is, the market is cyclical. first growing Bitcoin altcoins sagging, then comes the other phase, when bitcoin remains approximately in place, and altcoins are pulled to it. Then comes the phase when bitcoin and altcoin grow, then comes the correction and so on in a circle)

Bitcoin price usually inverse to the value of altcoin and I agree with that. When bitcoin is in high price, it is the moment either to sell or buy alternate coin that has potential to grow for long time like ethereum which happen to have lower price that time. Once, I waited for the rise of ethereum and when that come there is so to bitcoin much fall which cannot give you good profit at the same time.

It was observed in 2017 but the current scenario is converse to this.Now when BTC price goes up 95% Altcoins go up and vice versa.Crypto market mostly rely on BTC value.So i am partially agree with you in this case.If you see coinmarketcap for last 10 days,you will see that when BTC is green then mostly Altcoins are green and when red mostly Altcoins red.

Yeah this is starting to become a trend.

That's why I think selling when there's a small dip after mooning is usually a good idea.

So true value of altcoins doesn't change, but the price fluctuates because Bitcoins price goes up and down.
Their price value is connected with Bitcoin.

So far, I see that almost all the altcoins are falling in price, when the price of bitcoin goes down, and grows when the price of bitcoin also goes up. That is, altcoins, as a rule, repeat the price movements of bitcoin. So it was not always, and probably will not always be.
I very much hope that someday altcoins will lose their price dependence on bitcoin and will independently develop and shape their pricing policy.

Yes, I also noticed similar situations and this pattern can be used for earning  ;D 8)

You are actually right. The rend is more or less like that. It has been long i have always heard people say that when bitcoin is dumping, most times, altcoins will move uptrend and whenever Bitcoin is moving uptrend, most altcoins move downtrend. I also confirmed this on three different occasions. Although, this might not be applicable to some altcoins.

I also noticed the same thing. I think that kind of thing will give benefit to each side. Thus, any decrease or increase will open up opportunities for each altcoin to make a profit.

The author of this topic is absolutely right. Indeed it is, first Bitcoin grows, and only after it the altcoins begin to catch up with it.

you are right to buy and invest in bitcoin
there is not gonna be any mistake
bitcoin is one of the most stable cryptocurrency now

Yes, it's true. Personally, I noticed this trend for a long time. I think this is due to the fact that people getting a good profit from bitcoin seeks to reinvest it in other cryptocurrencies thus reducing risks.  :)

I suppose that indeed there is a market capitalization and people who can invest money to bitcoin and then sell to invest in alts. But there are still new investors who judge the market by btc rate.

Altcoin price are related to price of Bitcoin. If BTC fluctuates , altcoins will also fluctuate. Its not like that the price of altcoin goes opposite to price of BTC.

It seems to me that the fall has dragged on. Everyone is waiting for growth, but the market does not react to good news. I am tired of this. I hope that the bulls will win.

I think I would have to agree with your observation and it's actually the same scenario every time after the bear market. Altcoins usually follow to rise once bitcoin had made it's recovery since I would assume that people's profit from their investment with bitcoin will be use on the purchase of altcoins. Altcoins are very much co related with bitcoin and that is the reality of crypto currency market.

It seems to me that the fall has dragged on. Everyone is waiting for growth, but the market does not react to good news. I am tired of this. I hope that the bulls will win.

yes I also lose the same thing, I also still need a logical explanation why it can happen

Losing and gaining are part of bitcoin investment, but dont stuck with this because behind of the big losses there are some chances to gain more when we are truly believing the good correction market. Probably some of you would agree with this.

Good morning brother you are a bit late to notice this. The whole market agrees with you, that’s true. Altcoins tend to follow the trends in Bitcoin. We have noticed many times that prices of Altcoins are affected by the price of Bitcoin. This is mainly because that when Bitcoin rises, people earn sufficient profits. They invest such profits in some Altcoins for diversifying their investments which spreads the risks. This then causes price of Altcoins to rise. Moreover generally it is considered that bitcoin is the index of crypto market so this thing is bound to happen.

i dont agree with this at all

No, I did not notice it. It seems to me that when people are unhappy with bitcoin, then its price goes to the bottom, and behind it to the track and other altcoins. People believe in the first crypto currency. Once trust is balanced, everyone tries to convert the Crypto currency back into dollars.

yes I feel that way, when a market is overrun by a coin like bitcoin and other eth coins that fall under the competition will go down, but it's fortunate in altcoin that chooses the benchmark on high coins, they will go up

I think that bitcoin have a great future. After one year we will see it.

I see this does not happen continuously, even in some moments when the price of Bitcoin rises then Altcoin prices go up,
so vice versa when the price of Bitcoin drops then Altcoin prices also come down, the market changes without being predictable...

This process has been repeated over and over again for several years now, and it will don't change in the near future, so we are gaining patience and experience.

I agree with you, but most of the time that when bitcoin grows altcoin will fall is not happening. Sometimes if Bitcoin grows, altcoins start to grow too. Same sa when bitcoin drops, altcoin drops too. Its not always contradicting each other, sometimes they are same they grow and fall at the same time too. I think there are some factors that affects the market, at this time we dont know it yet but im sure at the mere future we will discover it and it will help us in decision making for our investments.

I agree with you, that’s true. Altcoins tend to follow the trends in Bitcoin. We have noticed many times that prices of Altcoins are affected by the price of Bitcoin. This is mainly because that when Bitcoin rises, people earn sufficient profits. They invest such profits in some Altcoins for diversifying their investments which spreads the risks. This then causes price of Altcoins to rise.

This is what often happens in the market, you have to say. I agree with that. This is caused by investors, as more and more investors who invested in the bitcoin then depleting altcoin enthusiasts, because that was the price of altcoin decreased.

Agree with you, I also notice this trend, so we can buy some altcoin properly during the continuous rise of bitcoin, but we know that altcoin is falling faster than the bitt, so we need to judge the market trend very quickly.

Yes, I have noticed the same things happen all the time, but I really do not know how to explain it. Got any ideas on your own?

We can use this thing to make some predictions - I hope they will be useful and will help us not to lose money at least or even to gain it

This does sometimes happen - but only sometimes. For most of 2018 so far the coins have all been moving together. There are some persistent inverse relationships, like when BCH appeared and people moved in waves back and forth between the two as the mining difficulty changed.

I think also using this scheme on my investments and this works because such movements are regular  ::)

Yeah I agree, when you invest in cryto currencies theirs a risk. Investors gain to have a good profit if they think they can get more profit either bitcoin or altcoin they will grab any opportunities to gain profit.

After profitin from bitcoin, people will not settle for it if they can see the probability of getting more returns if invested to other currencies which are at dip scenario, hence if the altcoins go up, profit is also increased.

Yes, when prices high have started while the Bitcoin Altcoin experienced a price drop. Market prices are indeed very difficult for the prediction and we must dare to determine which coins we buy. And I think it will be a good opportunity to buy Altcoin in when they experience a receding price.

Yeah, That pattern is seen clearly.
We also notice that the price of Bitcoin however very gives influence to the altcoins. We notice that when the price of altcoins and bitcoin are very high in a month, then some few months later, they will jump down badly. It is because many people are selling their coins exactly in the same period.

I think I agree with you, from the first chart is always so because all the coins depend on bitcoin if up altcoin is also a good move.
so the movement of most altcoins will depend on how to behave in the market. Usually, altcoin growth occurs when Bitcoin is in balance.

Yes, I agree with you, it is true. At first bitcoin and all altcoins are in the low point. Once bitcoin goes to last month, bitcoin provides intake to all altcoins in order to fly. Bitcoin became the king of crypto that guides other altcoins to follow wherever bitcoin goes.

That is a good observation. That happens sometimes. But that is not the only pattern you can observe in the crypto market. That pattern is not absolute and you cannot just rely on it. There are times when almost all coins, Bitcoin and almost all altcoins, are rising very high and fast. You can notice that on the late part of 2017 and a few days in the early part of 2018. But there are also times when everything is red. Overall, there is more uncertainty than certainty in crypto.

The reason is because people who make profit in bitcoin aslo invest in other cryptocurrencies and so bitcoin has an influence on altcoin.

I think your pattern is correct. Indeed, money periodically moves from bitcoin to altcoins

You made the mistake of making these statements. As Bitcoin goes up high, Altcoin also increases with Bitcoin's trend, but more Altcoins fall due to Bitcoin rising. When Bitcoin falls on the entire Altcoin is affected and decreases with Bitcoin.

Seems to be like that, you are not wrong but not correct a hundred percent. Because there are more thing that gives impact to the price. Such like regulation from government etc.

All cryptocurrencies are constantly changing from one to another. Btc is the leading coin, which is why everyone notices it is a price change. But the prices of all other coins rose and fell, but they did not have as much btc.

The scenario is not always like that, there are many factors that affect the price. There are scenario that altcoins are pumping together with Bitcoin like what happened last year and even a month ago where both bitcoin and altcoins are recovering from the dump.

What I have observed recently is that when the market was in its moments of greatest speculation, the dominance of bitcoin fell to 30% of the marketcap. But now that the whole market has entered into a great bearish trend, investors have preferred to seek a safe haven in bitcoin and that is why at this moment the dominance of bitcoin has risen to 36%.

For me this implies that investors are not willing to risk in the face of uncertainty, and therefore we will continue to see a very hesitant market for quite some time.

I somewhat agree with your observation. That is usually the trend for "most" altcoins. I said most because some do not move inversely to bitcoin's movement

I've noticed the same thing, when bitcoin goes up money from altcoins are going out.

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And when bitcoin starts to correct, money coming out from it is distributed to different altcoins.

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But sometimes, the market is acting strange that both bitcoin and altcoin market is crashing.

Otherwise, and cannot be, all crypto traded to bitkoinu and if bad bitkoinu, and not good altcoins. In the same way and in the real world) If your national currency tied to another, it followed and moves

I do not think that this is always the case. Usually all the altcoins follow the bitcoine course, which is observed now. All the top 20 crypto-currencies are reduced as well as bitcoin.

This pattern is common here, but I believe anyway that this was just a regulations and a corrections not the duying signs

Bitcoin is really powerful cryptocurrency on the marketplace, i thought that everybody knew that. BTC affect 40% of the market, so when its price going down, other coins do the same

Not anymore on the current movement of market as of todays. We have seen fiat conversions arent going anywhere but only into investors pocket which if bitcoin do drops its price it doesnt mean it would transferred into some altcoins in the market.
This is not the case we are seeing it now and price trends are correlating to each other already, when btc dump then altcoin dump and forget about that pattern you had discovered because it doesnt exist into this very speculative market.

I think that there is some sense in your words. In my opinion, bitcoin is a popular coin that will never go down much. All price fluctuations are normal as even dollar isn't stable, however, people like btc and will continue using it

I also noticed this pattern. But there are always exceptions and what some coin goes against the market.

I think they are different,altcoins is not totally base purely on the bitcoins supply and demand that was cause in today's downtrend taht was being carried the affectants by the whole market capitalized issues. If the bitcoin would remain steady in price some altcoins are profitably gaining because of the people who trust and invest.

All the time, all of the money is going into Altcoins, when the bitcoins reach a certain height. The money starts to transfer Altcoins, so most Altcoins should choose to sell at high prices and lock in profits.

I agree that Altcoin is influenced by Bitcoin but that's it
Another negative factor is the non-acceptance of crypto as an official means of exchange in different countries. And again because of the interoperable and price demand and supply and demand supply prices.

Yes it happens but not everyone bitcoin rises that all coins fall. It doesn't mean bitcoin is the determinant. All coin have their different markets

Perhaps, Bitcoin is the foundation on which other coins were built, so being that Bitcoin is seen as the most popular crypto used as a medium of exchange, most coins have become dependent upon Bitcoins performance in order to flourish on the market.
It's highly complicated, but that's just my two cents!

yes I feel that way, when a market is overrun by a coin like bitcoin and other eth coins that fall under the competition will go down, but it's fortunate in altcoin that chooses the benchmark on high coins, they will go up

It is a pattern that has long been the case. many have already started to organize this kind of strategy for the profit they can get. with the start of the bitcoin and switch to altcoin then it is a great way to get money from crypto. but for those who do not understand about this pattern may be slipping and thus will not be able to get profit.

That has been the situation for long time, the cash stream into and out of the space through Bitcoin, in light of the fact that the fiat door is significantly through Bitcoin and will leave trade through Bitcoin, it is when is leave BTC that if streams into Altcoin showcase, that is the reason I use to tell individuals that it is on the enthusiasm of everybody to permit BTC cost to honey bee up on the grounds that the value development cuts the market down moreover

I concur with you yes from the primary diagram is generally so since all the coin depends on bitcoin if the ride altcoin is likewise a similar decent advance that we are for the present ya contribute quite a while and sit tight for the opportune time to offer or purchase

What I notice is this, new comers show preference for bitcoins, so when therare fresh monies coming in, it goes to btc, more persons will then dump their altcoins for a while for btc, causing a further increase, then the market consolidates on btc and cash flows back to altcoins or out of the market

Up until this point, I see that all the altcoins are falling in cost, when the cost of bitcoin goes down, and develops when the cost of bitcoin additionally goes up. That is, altcoins, generally speaking, rehash the value developments of bitcoin. So it was not generally, and likely won't generally be.

I especially trust that some time or another altcoins will lose their value reliance on bitcoin and will autonomously create and shape their evaluating arrangement.

extremely, the changes that happen amongst bitcoin and altcoin are the exchange of clients from bitcoin to altcoin or the other way around. This happens on account of numerous components that happen.

Generally, the whole market is moving according to the bitcoin, the prices are rising or the prices are falling. Bitcoin is in the base position of the market. When the price of bitcoin stable, altcoins are moving again.

Yes its normal thing happen in cryptocurrency becauss bitcoin is the strongest one. This thing mostly happen but not all of altcoin follow bitcoin but there are other not going through the same move. When bitcoin down, other people try to get another option and it make the choosen currency has not the same move with bitcoin.

I agree with you. the same thing happened every day. even the BTC dominance increased also this happened.

actualy in my own observation and speculation once the bitcoin is going to the highest all altcoins will be affected and going pump too,because they will carried away the grow pump value of the bitcoin,thats why i conlcude in my own opinion that the bitcoin is the source of all cryptocurrency because no matter what happen to the bitcoin it will boomerang to all altcoins,but there are times also that bitcoin is in dump situation the others altcoins still rising,but nothing at all only a few  like ethereum and ripple.

The price of altcoins are influenced by the market trend of Bitcoin because almost all altcoins are paired with Bitcoin on the various exchange sites. In the event of a fall in the price of Bitcoin, the altcoins paired to Bitcoin at that moment tend to lose their value alongside.

Yes, I agree with you, there is such a trend, this situation is repeated quite often, you need to use this in order to make a profit, but I do not always succeed, because sometimes it is very difficult to determine, when the growth or falling begins in the cryptocurrency market

It's pretty normal. It's a psychology thing. Bitcoin affects Altcoins because nobody wants to spend money on Altcoins when Bitcoin is mooning and vice versa. I guess you just get profit from bitcoin and at then end switch to altcoin when bitcoin is going down.

yes, this is what happens right now. and when the bitcoin price is down, the altcoin price getting the impact too. we are going to see another correction price again this time, but I hope that the correction is not too thick so the rate can increase and reach higher price again. but other altcoins trying to survive in this down and they can grow a little price, and I think the coins can make good progress in this week.

I think that's because of the link that some altcoins have with bitcoin, when the bitcoin goes up you can see many people selling their altcoins not to miss the rise of bitcoin, you can also see the opposite if some altcoin goes up, but it is much less noticeable because it would be 1vs1 and not all vs 1 as it happens with bitcoin, you have to remember that most people change from altcoin to bitcoin and from bitcoin to fiat if they want to make another investment

during normal times, there would be transfer of money between bitcoin and altcoins, but the global coin market capacity stays about the same.  this is due to some people getting profits off one coin and want to invest in other coins.

but there would be times where outside factors can influence the entire global coin market, shifting it up or down as a whole.  negative media will result to entire coins being dumped for fiat.  and positive media outlook and government acceptance, on the other hand, will have the entire coins rise in value.

I do not really pay attention to it that I understand is the unstable price change it is one of the risks in investing with cryptocurrency with it I remain confident investment with any cryptocurrency

I also noticed that if bitcoin goes up then in a few days prices rise and other altcoins .

If you think I might otherwise. Thus we should be investing with both. Altcoin is great for short-term investments, while the botcoin is suitable for long term investment. Therefore it would be nice if it supports both. And has investments in both.

yes I agree. thats why im not botheres by the high and low in the market as long as I have my strong coins that can lasts whatever happens.

Thats rigth, if bitcoin prices is in his highest pump and probably 80% of crypto money is in btc. So at that moment altcoins will be down. Reverse process of crypyo morney, and if the altcoins is in pump btc is in dump. Means the percentage is going high in altcoins

I found this law. So I always advise my friends to invest in Bitcoin. Don't invest most of your money in altcoin. The investment law should be to invest in bitcoin first, then choose altcoin

it's obvious, I agree with you . If bitcoin goes up, the prices for altcoins also go up

Sometimes we also needed to use the previous movements into considerations, reviewing the flow and how things behave inside the market will allow us to assess much better, experience traders buy before the news and hold it till the news start to spread out then sell after some fomo's showed up taking the profits even in a small fractions, just needed to learned how to play well and create your own strategy.

This thing is just right when there is no fiat money from outside into the market. Just only transfer capital from Bitcoin to Altcoins and vice versa

It is a normal hapened in cryptoworld of that situation because it's just a business maybe sometimes down, sometimes up and all of that are relying to the bitcoin price and also that is not a pattern and that is the same thing happened to the real world.

Dann also noticed a trend. Perhaps this is due to the fact that many people try to sell coins and get a good profit with the growth of Bitcoin. Therefore, the price is reduced

I've been trading on the crypto market for about a year, and during that time I've noticed too . this is really what happens

It is pointless to look for patterns like that, for every pattern that you find that matches your description you are going to see another pattern that disproves it, the only way to trade this market is to actively watch it every day and come to your own conclusions about what it is happening right now, what it happened in the past is irrelevant since it does not affect the current price and should not be considered when making a prediction.

By this time I have seen you are right. Money goes from bitcoin to altcoin, then money goes from altcoin back to bitcoin. The money flow does not increase

I agree with you that all altcoin will be exchanged via bitcoin. we see bitcoin rising first, all altcoin will rise again. when bitcoin drops ,The altcoin also happens the same thing. ecause the new money will first enter by bitcoin. It is for this reason that we have an advantage in patiently holding bitcoin.
( Tôi đồng ý với bạn rằng tất cả altcoin sẽ được trao đổi thông qua bitcoin. chúng ta thấy bitcoin tăng đầu tiên, tất cả altcoin sẽ tăng trở lại. khi bitcoin giảm, The altcoin cũng xảy ra cùng một điều. ecause tiền mới đầu tiên sẽ nhập bằng bitcoin. Đó là vì lý do này mà chúng ta có một lợi thế trong kiên nhẫn giữ bitcoin.) But i believe ETH will replace BTC in the future

I do not think so. Crypto's cash flow has moved out, The truth is that altcoin also goes down with bitcoin

The cost of Bitcoin it’s a indicator of popularity of cryptocurrency. When its  popular a  high value, the people start investing money in altcoins, to hope to get a good return on investment. Also the people who keep  money in Bitcoin, seen a growing investment, this encourages them to invest money in altcoins.

Sometimes the pattern not like you describe. Some new investor coming to market and make the price increasing. Many factor why price going up and down and sometimes I think its depending on bitcoin domination in market

You should not look for any pitfalls. Just accept the fact that happening anyway there's no way we can control this

I agree with you because we are in the cryptocurrency and bitcoin is the most investment coins that can give you a lot of profit in the long-term. altcoin can also give you the opportunity to earn more bitcoin so your investment amount will increase too. but with too many altcoins in the market, this will make us become difficult to choose which coins that can give us a chance to earn more bitcoin and if we can select the right coins, then it means we can have a chance to makes a profit in bitcoin.

Bitcoin when growing-the market falls.Now there is a huge number of coins that simply will not survive the fall of the market.Therefore, there will be the best altcoins that will greatly increase in price.

The movements in the crypto market is natural and if bitcoin rise the other falls because of the demand and supply forces in the market and i agree that now the bitcoin is rising to up level. while crypto is the secure way to keep your money save for long time.

No. The market is too strange and here many events are not related to each other. And the rise and fall in General can not be predicted in any way

This maybe true. Though I have not been noticing something like this. Then i dont see reason someone will sell gold and used it to buy bronze, don't see where it is possible. More so, those that sell bitcoin, they used it to invest in an ico when the ico get listed in an exchange, they exchange it back to bitcoin.

I don't think so, because every Bitcoin rises, Altcoin will also rise. We often see crypto market movements. Up or down the price of coins depends on the user who buys or sells coins at the same time.
The price of a Bitcoin that is able to survive is because there is less Bitcoin stoke, besides that Bitcoin can also be done for mining so that the circulation of Bitcoin on the market gets smaller.

It is not always the case. As you can see Bitcoin today is down but altcoin still can't believe recover from its previous state. The faith of altcoin is in Bitcoin's hand and it's manipulator. It is better to follow the news and updates in the market so you won't left behind if the market turns to green.

Yes, that's right. Altcoin is influenced by Bitcoin. It seems to me that prices for Altcoins are growing only when the price of Bitcoins is stabilized.

The fiat gate way is majorly through Bitcoin and will leave exchange through Bitcoin. It is when is leave BTC that if flows into Altcoin market, that is why I use to tell people that it is on the interest of everyone to allow BTC price to bee up because the price movement brings the market down also.

I agree completely, the market is not stable, but the hope that bitcoin will grow remains. The entire market grows when BTC rises, and accordingly if BTC falls down, all other coins also fall.

Im not agree with you, only ico token or coin will dumping after mooning, many altcoins already stable in normal market, but in bear market like now the alts is not strong enough to hodl their price, only bitcoin can hodl their value

maybe it is very true what you say in your opinion and in my opinion any crypto currency coin is very difficult to predict for sure in the future in this case look at utilizing the opportunities that exist

Can you say this is a game of Whales, because the pattern often happens then it's definitely planned.
The rest I don't understand about patterns, because I trade it when I buy Red and sell when it's Green.

yes, I also saw that. in essence, when Bitcoin rises to the moon, altcoin will also come to the moon. but it doesn't work together. altcoin will only follow the pattern of bitcoin when the price of bitcoin has stabilized and the bitcoin traders will leave it then move to the altcoin to make pumps and profits.

Yes thats true.. when it comes to the falling of bitcoin, altcoin still rise faster, but still we cant predict coins when it is rise or fall.

Yes, I also noticed this pattern. And I really want to altcoins quickly went to the moon. And there were new price highs.

How to know that Bitcoin at the highest price? If you know that, then just sell bitcoin then and buy at the discount is already profitable.

By the way a very interesting observation,I also noticed this similarity,most likely the alcoins are in full influence of the bitcoin exchange rate and there is a flow of bitcoin to other altcoins,bitcoin holders often buy other altcoins to replenish their portfolios.

Yes, this market is cyclical. That's why I keep all my coins, despite the fact that most of them fell more than five times.

This pattern is sometimes also not always true. looking at the increase last December when a great ride then bitcoin offset by the increase in altcoin as well. However, it is when altcoin down is a chance to buy this in a number of quite a lot and waiting for the increase. but see not only based on existing theories. because in fact, the State of the market is not in accordance with the speculation.

I think this is already a fact that is always happen every year, altcoins always depends on bitcoin price, when bitcoin is down market are down too, wondering how investors can change this cycle.

When the price of Bitcoin goes up, it mean capital flow of Altcoin are being transfering to Bitcoin and in contrast. This thing happens when the value of Altcoin increase strongliest and investors sell them to transfer their profit to Bitcoin or USD

This trend has been working for a long time and almost always. Sometimes it does not work if the market is experiencing a global depression and there are no influx of new investors. I've seen something like this almost all of 2018. There are times when bitcoin is growing, but altcoins are falling in price.

People who got their profit from investing to bitcoin started invest their money to some coins who much cheaper that bitcoin. I think they hope to get more money when those project will do some jump with price in short term

This is how its happen,

Bitcoin is the main and only way to altcoins. to bull the market, you have to buy in bitcoin, that's where bitcoin price will go up at 1st, then bitcoin traded to altcoin, bitcoin will trade lower and altcoin will go up. in turns, more people buy in to bitcoin, but not necessarily in buy in to altcoins. which in turn increase bitcoin price. the cycle continue until it some people decided to cash out from crypto.

Im positive that bitcoin will continue to thrive. more and more people are trying to improve the coding of bitcoin, it would getting better and better, until the point majority of people are accepting bitcoin arethe future of the humanity.

certainly not what it says, but market patterns are sometimes like you say, some factors can be the cause of easy decline or maybe just manipulation. so the conclusion is the market mechanism always follows the development of bitcoin because bitcoin is very binding on the market.

yes, bitcoin rises sharply - the price of coins is falling. Bitcoin falls - all coins fall to the bottom. And only with a calm and smooth growth or bitcoin flock is a gradual transfer of funds into the altcoyins

I agree with you. In addition, if you look at the annual movements of Bitcoin 2-year period you can see the same movement.

The market law is like this, and every time it is, this situation will continue until the BTC price stabilizes.

Yes, everyone knows who knows anything about this matter. Especially it is possible to look it on a site coinmarketcap there it is written BTC Dominance: 52.4% here from this all proceed on the auctions in the market. Most likely bitcoin dominance should reach at least 65% then roll back like it was last year. Although he is now a little rolled back from last week.

Yes I agree, as we know that bitcoin marketcap when it reaches more than 53%, bitcoin becomes the standard price for altcoins because most of it is trading with fiat, when the price of bitcoin goes up then the price of altcoins rises and vice versa.

I agree with you mate, bitcoin price will be stabilized soon besides from its up and down market condition, because there are many succeesful expert investors who really working on it due to large of money involved here in bitcoin world of investment. So there's no way that we don't agree the good benefits of bitcoin in the long run of investing.

Yes, I also regularly noticed this situation on the market. When BTC prices start to go up, the situation for altcoins really improves. It seems to me that with the rise in price of BTC, investors receive additional income, which they can invest in the purchase of promising altcoins.

Yes, I also noticed this situation in the modern crypto market. In many respects, due to the fact that during the growth of BTC prices, investors receive additional income. Therefore, they receive the necessary resources to purchase and invest in various prospects for altcoins, which positively affects their price.

I absolutely agree with this statement. After all, BTC has a significant impact on the overall situation in the crypto market. Indeed, today the altcoins largely depend on the prices and dynamics of Bitcoin.

I also noticed this kind situation. When the price of bitcoin is raising up, it will give the good impact on altcoins. I hope the bitcoin will be higher and higher. So it will give so many benefits for people.

It is logical movement. When people have raised some money, due to the BTC price increase, they are selling their BTC and buy some alts, that have not pumped yet, with the hope, to get more profits. It does not work every time, but it is a great strategy.

not exactly. When bitcoin goes up, altcoins go usually too. It's true that btc dominance is increasing, which is only natural, but it doesn't mean that btc price goes up and alts to mininum.

Same here but sometimes we need to be very careful to analyze. Can not follow that rule all the time.

This is a well-known pattern in the cryptocurrency market, the growth of bitcoin usually ends with a flat and at this time the growth of altcoins begins.

I do not really trust different market analyzes. Especially when it refers to cryptocurrency. When all people see one thing, the opposite happens. It is not in the interest of the whales of the market to give money to most people.

I don’t notice that. The only thing I have noticed is that the price of altcoins falls when the price of Bitcoin is pumped and they also continue to fall when the price of Bitcoin starts to fall. The coins that will usually follow bitcoin up is ETH, Ripple, Bitcoin Cash, Litecoin and all those top coins in the market. But for the rest, they usually fall because investors tend to go for top coins when there is a bubble.

In the past, many people have been worried that Bitcoin will dominate the market by about 30%. They concluded that Bitcoin was about to be hit by another altcoin, and I was worried. And think about how it would have been if it had happened, but luckily Bitcoin regained its absolute dominance.

I don't know where you guys have obverved this pattern where altcoins goes up when bitcoin goes down because from what I have seen everything goes in the same direction with bitcoin. So when bitcoin starts to go up every coin in the market also starts to change its direction and go up. The same thing happens when the bitcoin starts to fall, all the market is also red.This applies to 98% of the market because there are some particular coins that go up even though the market goes down.

Yes you are right there is this tendency and it is quite understandable when people want bitcoin they sell altcoins or bring new money into the market. Also when you need altcoins, people are selling bitcoin and its price falls.

That's logical as Altcoins are influenced by Bitcoin

When Bitcoin goes up almost every altcoin goes up because people see all cryptocurrencies as a one piece and they trading it as a one piece. Thats the reason :).

I am agree with you by convert money with altcoin than bitcoin, when altcoin raised up we can sell and convert to bitcoin, we get double profit by altcoin it self and we can earn other by sell with bitcoin.

This tendency could be noticed earlier (last year), in this year the market has changed and is all dependent on Bitcoin, if its price rises, then prices for altcoins grow.

This is known pattern between altcoin and bitcoin , there nothing special about this. What will be special though will be when bitcoin is bearish and altcoin becomes very bullish for a certain amount of time. I look forward to see that day!

Yes you’re right but I don’t usually do that. When the price of Bitcoin pumps and I make profit and withdraw my profit, I will immediately look for some altcoins to invest little of my money with hope that that altcoin will have a price increase at any time soon. But I don’t sell off all my Bitcoin, I still leave some of them cause I can’t predict what might happen next.

When Bitcoin begins to rise, most of the money in the market will flow into Bitcoin. This is also called "blood sucking" by some people. This is an interesting word. When the bloodsucking effect begins, other Altcoins funds will be drawn to the BTC. The end of all this is when bitcoin reaches a high point, the profitable funds in these bitcoins will be withdrawn and put into other Altcoin, which will push Altcoin up and complete the bull market.

I think to me many altcoins follow the same movement with bitcoin, when the price of bitcoin goes up most altcoin prices will follow up, the same thing happens when the price of bitcoin falls.

yea i have noticed this as well . But so you know, Technical analysis T.A does not apply to the cryptocurrency market, for me i have observed that the market is moved by sentiments and the community,.

Indeed, such a situation has already been repeatedly noted in the modern crypto market. When the BTC starts to go up, the altcoins position also begins to improve. When the BTC becomes more expensive, the investor receives additional money. He can distribute this money for the purchase of various promising altcoins, which positively affects their price.

Yes, that is true. But sometimes, when bitcoin is up, the altcoin is got down for a while. I see this in a few days ago when bitcoin makes a little correction (if I am not wrong) and this makes the altcoin down for a moment and still down when bitcoin is bounced back. But after a few hours later, the altcoin trying to reach the price before. The market now is unpredictable because sometimes the changing of every coin is not just followed with the bitcoin, but I think the altcoin wants to make a pattern as the OP said.

There's no secret in your observation. The problem is the market is unpredictable. This year there won't be such a sharp and strong growth as it was last year. That situation was exclusive! So look at the charts, observe the market, and adapt to the situation!

Cycles are bullshit. A history can't predict a future. Just use risk/reward model for your in crypto and don't lean on past events

I completely agree with your observation . This is a very real and normal situation on the market. The price of altcoins is very dependent on the price of bitcoin. And only at steady state, altcoins go up in price.

The price of altcoin is affected by Bitcoin so even if the price goes up, the price of altcoin go down. The price of cryptocurrency tokens is unpredictable and cannot be really spectulated.

I think it is a difficult time for altcoins and bitcoin too because as long as bitcoin won't go up then altcoins also will stagnate. I think we need to be more positive about crypto and it will go up soon.

agree with you, for now it is difficult if Bitcoin or Altcoin soars immediately because when the market is very bad. with this condition we can only wait patiently to wait for the expected time. be patient and always optimistic that the market will soon rise again, sooner or later it will return to normal. be calm and always positive so that you are easier to think because being uncomfortable will make you choose the wrong choice.

Perhaps to some extent there is a trend between them, but I also believe that it is impossible to predict up to 100% guarantee. It is no longer stable and not as predictable as possible we would like

I think that this pattern exists for a reason, but it is not always . Therefore, not only this factor affects the price of altcoins. And the market is very unpredictable, many factors have the influence and manipulation of market value

i agree that there is a pattern but i don't think every altcoin work that way, that is a common fact that almost everyone know, however the price movement is so hard to predict

It is true! Bitcoin is the source of USD value of alternative coins.
Most altcoins has its BTC value in the market.
The BTC value depends in USD.
this will connect everything why altcoin price goes up when bitcoin go to the moon.

This connection is obvious for everyone because BTC's dominance has not been moved outside of the work so the influencing effect of this coin is here.

I agree but this thing is too obvious from my point of view. What is more it doesn't work always because there are a lot of situations with the common growth of coins.