Bitcoin Forum

It has been a good ride for Bitcoin before then halving and now that it is done with, the momentum seems to have gone down, and as we all know, after the Bitcoin Rally, altcoins react to it. Do you think the rally of altcoins will start now or we should continue with our trades like nothing happened?

I personally think it'll be a while before we see any real impact of the halving on altcoins. What I'm sure of though, is that when that happens, the first set of beneficiaries will be solid alts like BNB, ETH, BGB, SOL, and the likes. GameFi will also be positively affected and other ecosystems too eventually

its really no way to determine when the altcoin rally gonna come, usually its when bitcoin is also rallying, remember that halving doesn't mean instant price increase.
there's time needed for it to take effect and make big rally in the future just like how the past chart were illustrating about the state of bitcoin in previous bullrun.
altcoin as far as I know could be having big rally literally anytime, it doesn't need to wait for bitcoin to make big rally first but having big rally coming from bitcoin to make the market sentiment rather bullish does indeed help as a catalyst that could make altcoin season coming faster.
its just that there are so many factors need to be taken into account, as far as I know, even right now some coin are already doing great.

Well with what happened in the past I think a slow phase movement will be seen like a series of rally and when the bitcoin dominance go down and alts are bigger then youll see the effect of altcoins in the long run. Its gonna be an epic one, Id remember some L1 tokens before really pumped hard even those memecoins or low tier projects has been seen moving very fast anyway we cant tell whats really gonna happened.

The Bitcoin rally leading to the halving event was indeed remarkable, during this rally Bitcoin made new all time high (ATH) which was unprecedented, However, as per the natural law of physics, what goes up must come down so it was not unusual for momentum to ease off afterwards. Regarding rally in alts market, it is already underway, we have witnessed more than 25% surge in many altcoins following the completion of halving event.

After the bitcoin halving, the reward per block decreases, it means the profit miners had been making decreases if the price remains the same. Miners would either stop mining or stop selling at current price. This decreases the liquid exchangeable coins making the price rise in long term.
we have seen such thing happens at about six months after halving. So we might need to wait 6 months for the altcoins to follow bitcoin rally. But as the market matures, the trend would be selective and the growth of altcoin too could be largely selective.

The advantage of halving then it is influenced by the increase in bitcoin due to after halving if there is no this event then altcoins are meaningless, but I don't know but where there is a bullish phase then the entire market will follow to be green this much results in a significant increase.

So it cannot be separated between bitcoin halving and altcoin season will coincide.
I don't know how the altcoin rally will come for now, obviously there are still some altcoins already flying some are not, as long as bitcoin does not have a significant increase the rally has not come.

Whether there's halving or none, you keep doing what you're doing. As for me, I've been holding and as well as doing some trades and as well as accumulation. I'm also waiting for the altcoin season but I am not leaning towards it with full hope because no matter what you're aiming on this market as of the moment, what matters is on how you're going to react every time the market pumps and dumps. There's actually no season for it to react because it's like a normal day whenever a pump or dump happens. So, if your strategy is leaning towards to the market after this halving, you've been patient and you shouldn't miss the opportunity when the market has recovered a lot from the most recent dump.
It's without a doubt that the halving will impact the altcoins a lot but, you do you and keep doing what you've started from the beginning even before the halving has come.

Bitcoin halving is totally irrelevant to Altcoins since it’s for Bitcoin network while altcoins has their own network. The reduce on Bitcoin block rewards will not gonna give impact to Ethereum miners and other blockchain with mining involved so everything is isolated on Bitcoin.

Price wise, Altcoins main reference is the Bitcoin price after halving which is still in sideways that makes altcoins in temporary sideways too. In general speaking, Altcoins is not affected by Bitcoin halving. It’s Bitcoin price is what makes the Altcoin moves accordingly.

After the halving, we're expecting Bitcoin to rally first, and it's not going to happen overnight, we're looking at some months before Bitcoin will actually start to be bullish, so altcoins rallying will have to come after Bitcoin. This means that as it is now, we're focusing on Bitcoin to lead the way for altcoins to be bullish, I know that in due time top altcoins will be rallying to new ATH, hopefully all this will happen by the end of this year or in the first quarter of next year, so keep buying your trusted altcoins.

Correlation and pairing apply in crypto, so if the price of Bitcoin (BTC) falls, the price of altcoins will also fall unless MC is dominated by altcoins a.k.a altseason. As of today, Bitcoin (BTC) still has dominance with a percentage of more than 53%, meaning that it's not a good thing to invest in altcoins at this time if the price decline occurs again in the future.

The rally of altcoins will only start when Bitcoin's price goes up.
You said it already that altcoins move the same as Bitcoin is.

If you're a trader, just continue trading. Momentum might've gone down but in the long run, it will just go up like what happens. I read an article a few hours ago and it was said there that based on history, 12 to 18 months after the Bitcoin halving event is the time where everything rallies and that includes both Bitcoin and altcoins. I guess if you're a trader, just focus on what you're doing. If you're a futures trader, maybe put more long positions than short to prevent getting liquidated because over time, price of Bitcoin will just go up.

Overall, the rally of altcoins will start when Bitcoins starts to rally. We know that altcoins move the same as Bitcoin is. The only difference is the percentage, but the movement is the same.

The rally will most likely not to happen right now. Even major coins are still down which is something not surprising. It is just some people who expects that bull season will instantly start the moment halving take place but as the past shows, it won't. My guess here is that Bitcoin will be  either on a downward or neutral direction for weeks or months then volume will again increase after a another big news, then altcoins would follow. After bitcoin dominance then there would be for Altcoins. Although with no certainty, but the best thing to do for now is to wait for further market confirmation before deciding to make an action. Avoid FOMOs and just mind the market. The rally will not be consistent so there will always be a chance to make an entry; enough reason to not panic at all.

Absolutely, correlation and pairing are common in crypto market, it has been observed historically that all altcoins follow the trend of Bitcoin, they rise and fall simultaneously. Given this dominance, investing in altcoins during potential bearish markets in future might carry additional risk. However, it is crucial to consider fundamentals, and their potential for real world adoption when elevating opportunities and making investment decision.

continue with our trades like nothing happened. that's just it. you can never force something else to happen but pray harder for altcoin season to start.
i actually thought this high transaction fee would ignite something since it prevents the small timers from using BTC due to the fees. BTC also stops pumpin. but like they always say, it will take a few weeks to months before the halving effect will take place.

if your coins are in the exchange. you're lucky you don't have to send them to an exchange to start trading.

Wouldn't it happen later on? The Bitcoin rally we had before the halving right now made some altcoins pump iirc, but it gradually corrected itself a few weeks after that, same with how Bitcoin corrected itself a few weeks after reaching that 70k. Anw, I reckon we'd see another Bitcoin pump half a year to a year from now on, so the altcoin pump most would be waiting should also be then since it tends to follow the price of Bitcoin. So yea, right now I reckon just trade like normal. We're not going to see any major changes, at least for a month or two from now.

Yes!

We have seen the rate at which altcoins gone down few weeks before halving which was as a result of the correction Bitcoin price made; now that the halving is done successfully, the market is trying to get a good shape and if the Bitcoin price started to move, then there is no any restrictions for Altcoins to follow the lead.

It’s time to invest heavily on altcoins that have potential and good roadmap and future because Altcoins will start to pump and most of them will be striving to go above their previous All Time High ATH  before Bitcoin started to go above $80k.

Altcoins will have their own time as they have had in the past halving inspired bull runs. Although, its different this time in that Bitcoin finally got the much anticipated and sought after Bitcoin ETFs. I expect altcoins to have the biggest moves even though Bitcoin might do more or less a 100% price growth. For altcoins, 3x at the minimum. Once I get my hands on the Bitcoin dominance chart, I'll share. It has been looking very juicy for several weeks now.

As in the past the altcoin season set in when the Bitcoin dominance is down which signifies that there is shift of funds from the bitcoin to altcoin. This will only happen after bitcoin it self has experience a significant move up and people starts taking profits. Right now the Bitcoin dominance according to coinmarketcap is 53% which signifies that both market will for now be moving more like linearly. A move in bitcoin price will impact a move on the Altcoins and a negative return on bitcoin will be felt also on Altcoins. I see bitcoin rallying up well like months after the halving most especially with this congestion looking to hinder a high demand.

Right now will have been a good time to accumulate more altcoin but the risk is there, Altcoins aren’t advice to be dived in during their falling period as you can not know which will be rallying back again. But if you have done a strong fundamental analysis on a coin and have a conviction on it, then this is the right time to dive into them.

Before you starts thinking of altcoin don't you think you have to focused on bitcoin before altcoin, since most of the altcoin are being influenced by bitcoin and this shows that if bitcoin doesn't go up altcoin will or may not see much effects on them.
This automatically implies that before we could see much impact on altcoin we must see the effects on bitcoin, it is from then most investors turns their faces to start looking at possible altcoin that could give them what they wanted at this processes you began to see altcoin making waves and rallying up.

Many of them ignores that important part of this halving. It's all about Bitcoin for this halving but since this is a scattered market where there's the distribution and impact from Bitcoin, they're all thinking of something that will rise up eventually or all of a sudden through altcoins that they're holding. They all want to hear what they want to hear but if it's about our suggestions about Bitcoin, they don't want to listen to anybody and they're pushing to what they think will prosper them, I have no problem with that but if they want to listen, then listen.

What I can see right now especially since Bitcoin Block Halving is already done, is most altcoins will correlate with Bitcoin, it will depend now on Bitcoin where the price will go, because as you can see, just like most of the high top market cap altcoins are just following Bitcoin.

Right now when Bitcoin dumps = altcoin dumps, Bitcoin pumps = Altcoin pumps, Bitcoin sideways = altcoin sideways.

Your writing doesn't look like human writing, and I only realized after seeing the feedback on your account that you have a history of AI creating posts. But that's okay, I'll still reply to your rubbish statement.

First, Sometimes altcoins have their own market, but they must be followed by several supporting points, such as updates or hype surrounding a particular altcoin. I experienced it in 2021 where the price of Oasis Network (ROSE) increase more than 10% even though Bitcoin (BTC) was bearish at that time, it happened because of the big hype that Coinbase would list Oasis Network (ROSE) on their exchange.

And secondly, altseason will never happen if Bitcoin Dominance happens, I don't know where you got the information, but your information is wrong information.

But true must be told about altcoin you can't mention and expect altcoin to soar without bitcoin rallying up and making progress. We can say all manner of things about altcoin but they all still depends on increase and changes of bitcoin to make progress in terms of price surge and whatever and again they have also forgotten that whatever news be it negative or positives news that quickly affects bitcoin surely affects altcoin and it's naturally and can't be changed since bitcoin is the market mover while other altcoin follows accordingly.

The Bitcoin momentum hasn't even started let alone gone down. That push up we saw before halving wasn't a part of the expectation for this circle. Nobody expected Bitcoin would rally that high before halving. It was the first time Bitcoin broke its own record before a halving event. So, I won't count whatever dip we're experiencing now as momentum going down. Bitcoin is yet to start. Although I'm of the opinion, occasioned by historical data, that there's a dip coming after halving. We're yet to run into that dip now. On that, it will be a wise thing for anyone buying Bitcoin to be doing that on DCA so they can have more liquidity to get more quantity.

Nah! Alts rally is far from starting. Don't look at Bitcoin price to judge this thing. Rather, look at Bitcoin dominance to gauge it. Currently, the dominance of Bitcoin stands at over 50%. There's no way alts will push up when Bitcoin is at that level.

I think it is too early, even for Bitcoin. The alt season will start once Bitcoin soars post-halving, which can happen in a few days or months. While no one can tell how things will progress, I would suggest keeping a diverse portfolio and watching out for high-performing altcoins so you can invest in them and keep your investment risks minimal.

The market is not friendly to anyone and these investors knows how to plan the market following their principles. Altcoins also dominates the market and they have their specific seasons to pump. It's been one of the important status to know when to buy and sell in the market. Halving have come and go and we should expects the high ratio when it comes to volatility of bitcoin this season. Investors should always keep their positions ready to accumulates profits and be ready to know their weaknesses and strong grounds in the market.

The altcoins will only experience a high after bitcoin has. After all, it is thanks to bitcoin that altcoins will be getting more and more investors. It is because they trust bitcoin so much they are now willing to look beyond and invest in others as well.

During this time there’s a chance that many altcoins will have a surge in price with new investors buying a lot of different coins. You still should be careful because not all altcoins will have success even after bitcoin’s.

Okay, so we should not just be too optimistic or too expectant from the halving because it is mentioned everywhere and the normal things still holds just that things can happen faster now that it is halved.

After the halving the market is in pretty good shape with bitcoin doing well among the altcoins Eth and BNB. A little research should be done to understand the volatility in the market, then it will be easy to understand the positions of the market and know the ups and downs of currencies. Everything must be done according to plan to avoid investment risk.

That is succinct and the last statement said it all, everyone needs to be careful with the altcoins in the space even after the halving.

We talking about altcoins generally and not even a particular altcoin.

Especially after this halving the TX fees to make Bitcoin transactions is too much and unfair that we need to spend $25 or higher which means people who make frequent crypto transactions but want their transactions to be recorded on the blockchain will definitely see some altcoin as an alternative or at least until the fee becomes normal of BTC network which means the some of the coins will be actually adopted for payments which is great than just being used as bump and dump assets.

The transaction fees on the Bitcoin network are insanely high and I do not think anyone can make small payments now. The Ordinals have again started spamming the network causing congestion and an increase in fees. Altcoins are following the Bitcoin price path and it seems they will move in the same manner for some time now. If Bitcoin goes up they follow it, if it goes down they also go down there nothing else happening.

Since altcoins tend to follow the movements of Bitcoin and whether Bitcoin drops or goes up, altcoins will do the same as well, and we know that based on historical charts and events, Bitcoin tends to go up after the halving event, and if that happens, there is no doubt altcoins will go up as well because the bull run isn't for Bitcoin alone but it is for the whole market because they all move in the same direction most of the time.

I know that altcoins weren't following the pace of Bitcoin earlier when Bitcoin went straight up to hit a new all-time high but that doesn't mean they would do the same. So, I'm optimistic that altcoins will perform exceptionally as soon as Bitcoin starts going up, so we should be prepared for one hell of a ride.

Small payments are still possible but of course as long as you are willing to pay the transaction fees, however I know that it is seems it doesn't make sense for a poor person to do that but for a rich people, the amount that we think is huge are still small for them. So, it was the ordinals are responsible for the rise in fees?

I thought it was because of the halving like what other people are saying? But maybe you are right because halving is not like this before. Alts and BTC are moving all together. This is not new and I think it will be like this forever. Halving had occurred in April 19, so the OP supposed to know already if what happened to altcoins or even to BTC.

Have there been many changes? My portfolio hasn't changed too significantly yet. Moreover, the development of altcoins will usually be very dependent on the development of Bitcoin prices. So, that will make us probably wait for some time for the development of Bitcoin itself. Yes, keep calm down even though the halving is over and we hope that things will turn out to be extraordinary.

But this is indeed much better than a few days before having it. It was quite sad to see my portfolio really drop quite a lot. And of course, this is just the beginning. We are facing something big. Of course, that will enable us to make certain decisions regarding what to do and when to be able to take maximum profits. That could be something to consider.

I will take the latter to the former because altcoins follow the movement of Bitcoin and right now Bitcoin is $64k and struggling to move upward. So I will advise you trade normally as before because except Bitcoin altcoins are just stagnant in movement and there is no hope for rising anytime soon. As for Ethereum we say his All Time High in the month of February but base on the congestion facing the network, the movement just slow down.

I’m not even sure when it is starting anymore but like I normally say, that’s the advantage of holding long term. Because you just know it that whenever the time comes, you will be among the happy people. It doesn’t feel like it’ll be happening soon though, just hodl what you have in patience.

Bitcoin bull run has not really come to an end, this is just a small correction which is quite common after the halving, altcoins for the most part do not have the strength to start anything on their own, so they need for the bull run to get to such high levels that people are incredibly excited about it, a set of circumstances that will make many traders to look for alternatives to make even more money, and that is when altcoins could skyrocket, but we are still very far away from reaching that point.

Do you think the journey is over before bitcoin halving, I think the big journey is just beginning. I don't want to just rely on speculation whether altcoins rally will start now or not. When bitcoin starts rallying altcoins are going to start rallying, even before the halving I saw that when bitcoin started rallying altcoins started rallying lower and higher. At present it is very difficult to predict how much impact altcoins will have if the bitcoin rally does not start although I can see some altcoins growing. Looking at this year's situation, I think that when Bitcoin starts to move, altcoins can start to move.

I think it's the best to wait and see more about the behaviour of BTC after halving. BTC is performing very ambiguously after halving has occured and I haven't seen this in past. You can invest a small amount into the altcoins  just for a huge bull run but don't spend too much of your assets into any coin right now not even BTC.

It's safe to invest into any altcoins if you're planning for a long term investment option but if you're looking for some good profits over a shorter period of time then I'll advise you to wait a little and see further how the market behaves.

Long term holding is beneficial because during market downturn you will not be at risk as you will have time to hold more and whenever the market is in your favor you can sell your asset in order to get advantage. Remember that holding will minimise your loss but selling immediately due to fear will become a cause of dropping.

Patience is the only key that will help you to reach your destination by holding firm and decide to sell when you think that now is the best time to take your profit. But it does not mean that you will hold forever because sometimes your coins will reach the peak and if you wait more then there is a possibility that after missing the chance you will have to wait for more years.

Right. And when I speak of long term, it doesn’t apply to all altcoins. Asides from not holding forever (which you mentioned), you need to know what you’re hodling do you can know how long you should hold it. For instance, certain memecoins aren’t meant to be held for long term. So there’s really no fixed time. But for most (top) altcoins, the long term is what works.

We need to continue waiting for us to benefit from the altcoins season. Everyone wants to make money from the crypto market and the bets way we could do that is to wait for us to benefit from the market. It is never way for us to wait but we gat no option than to keep waiting for the price of Bitcoin to go bullish so that we can as well enjoy the bull while other altcoins project will start going bullish.
We are already in it and patient is still required for us earn from this crypto bull.

The difficult side of altcoins is volatility, due to unpredictable market and it's really hard to determine how long could it take for altcoins rally. I remembered last 2017, it was the historical and remarkable days which all altcoins I hold obtained profitable value. Unlike now, popular exchanges requiring kyc mainly affected all coins value and some went zero value.
The old days it's a free roam for crypto, comparing to these days I believed several factors really challenged us the most.

The bitcoin price is currently the best price from a few years ago, and the special thing in my opinion is that the coin meme genre is flying and brilliant, I feel that the network base is enough to make me full from a few weeks ago. Indeed, in terms of trading, halving shows that more people come to trade to make other altcoins go high and I think ethreum deserves this appreciation (a coin that I often use). many blessings that investors get apart from bitcoin. even though bitcoin is expensive and there are still queues that are getting denser and altcoins also follow but do not reduce altcoin interest even though it only follows the rally and other ongoing events / good news including halving. I am still fascinated by the low price / dump of a fundamental altcoin and try to dca even though I have to take from the profits of other coins. I don't pay attention to how many people are active on social media or traffic visitors on a cex, when a coin goes up, of course there is a significant increase in marketcap, both investors and funds that enter a coin.

It is no longer new that the performance of other coins solely depends on Bitcoin that is even few of the other coins so what is in for other coins will also depends on what Bitcoin will be doing too, Bitcoin is the king and it is always at the frontier before any other coins, hence what is in for other coins will surely be based on Bitcoin movement after the halving.

don't worry mate because altcoin always follows Bitcoin pump so meaning since after halving bitcoin needs to wait months before the final effect meaning you also need to wait for sometime .
lets not rush the market because this will bring more pressure to us and sometimes will make us decide wrongly because of this urging .

That is true that most of the altcoins if not all are too dependent to the action that bitcoin does.

No contest, Bitcoin is king and that's why if someone don't have the urge to invest on it and likes to move with altcoins, your choice - your gain.

The increase that occurred in Bitcoin in 2017 really had a big impact on several Altcoins. Many projects were successful at that time, although there are always projects that seek one-sided profits, there are many who feel they benefit when there is a sharp increase in Bitcoin.

Unfortunately no one can know in advance the future trend of the market but i personally hope that even after this halving which has brought the value of bitcoin upwards the other altcoins will behave as in previous halvings following in the wake of the trend of bitcoin upward

Bitcoin halving has already taken place which alt-coins are ready to move as Bitcoin price start increasing is a result of scarcity or reduction of Bitcoin miners rewards. Therefore it will take some month's, before the Bull Run market session we fully start, and what is required to buy more and keep patients.

 As for my knowledge, Alt seasons come after a long time of BTC halving, if you can take a look of the BTC halving chart, then you can have the idea of the BTC pump and ALT coins pump. Also you have to keep another factor in mind & that is USDT Dominance, until it get decrease and BTC price become stable, ALT season will not come.

The halving always gives way to a new bull run, which might happen a few months after the halving. When the bull run comes, the altcoin season follows. The price to BTC increases, which brings more interest to the crypto world in general. Sine Bitcoin is out of reach for most people, they turn to altcoins to make quick money. The increased demand leads to a price hike across the board. So, altcoins benefit from bitcoin's high price and their price increases as well.

Maybe they have owned some portions of bitcoin and are actually looking out for alternative means of diversification. They could also not have owned bitcoin but prefer altcoins for massive profits. There's when I was advocating bitcoin only, but now I believe in freedom. Investment in whatever you like provided you have made your due diligence and you are convinced of your choice. Not only being convinced, but also willing to bear the consequences of whatever your choice of investment brings to you.

We don't know what will happen tomorrow exactly, when it comes to cryptocurrencies. we just toss a coin with the possibility of reading either head or tail, similarly the value of crypto coins can go up or down. Even after the halving, the price of Bitcoin has been stable for a while, but today the price of Bitcoin is heading for a correction, along with the altcoins are going down. The picture before and after the Bitcoin halving this year was different compared to other halvings. I don't know where the trend in the crypto market today will stop but I'm optimistic that a big bullrun is ahead.

Usually, altcoins will follow after Bitcoins create another all-time high price and that'll happen when an actual bull runs will trigger after the bitcoin halving based on its past histories. But you need to be very careful because not all altcoins are the same and others will not be affected by it, especially stablecoins. other altcoins that haven't been getting any popularity or enough support from their investors are not gonna make it to the next level which makes them a red flag for investment because most likely their price will stay and will not gonna rise because of their current situations.

I feel like as long as bitcoin goes up, we could probably consider the fact that we could grow from there and alts could go as high as possible and that is why I believe that we are going to get a ton better. I believe that we just need to wait, first bitcoin will go up and then we are going to slowly end up getting better and better, it will definitely be very good for us in the end we just need to wait, because after bitcoin we have always seen alts go up in the end.

We should wait for it to grow bigger and better because we are going to grow with time which should be going further and further with time. I hope that we would get a lot better and we just wait which would mean that both bitcoin and altcoin could grow eventually so we can't really lose money if we invest now.

What's else?
I definitely want the altcoin season to really be that optimal. But as we know, it won't be that easy to get and practice it. Even Bitcoin, after trading, doesn't rise that fast. On the contrary, prices are falling. Just today, the price of Bitcoin has increased drastically. This is not surprising because the cycle is like that.

Meanwhile, altcoins, their position is almost identical to Bitcoin. Let's just say there are some that are quite different, but in general they will follow. Except during altcoin season, then Bitcoin might be in a sideaway state? But what the important thing is that we must be more careful in facing this market situation. stay calm on market condition that is always changing quickly. don't  make any panic decision in certain situation.

Op you have to visit your topic because tell now I have not gotten or understanding what you mean. And the only part I can understand is the part "Altcoins after the Halving". And let me say that altcoins only follows the bitcoin Bull and athe Bear market so whenever bitcoin is on the bull run altcoins too in the bull run and we can see that from the recent correction of bitcoin tht made it to be much lower after the halving and the altcoins were also on the bear with it.
And no t that the price of bitcoin is coming back again they also coming back again, today Ethereum has hit $3k again

It's a nice fact that when Bitcoin goes up, all the altcoins go up, but it seems to me that the coins that went up quite a bit some time ago and came back down at the same rate will not go up again except for some promising coins.

As you may have seen everyone is very optimistic about altcoins, especially SOL, BNB, and ETH. Like everyone else, I have good hopes for them and I hope that the invested money will not be lost and I will get almost double the profit in the near future when the bull run starts and all the altcoins start going up with Bitcoin. I know that it can take some time from here but I'm sure I can wait and keep holding onto my assets for as long as the market doesn't go up and reach my target.

There are many coins that only pump and dump once and then they disappear, however there is a number of coins that remain on the market but for all purposes they can be considered to be dead, however those coins can be quite dangerous for investors, as they may invest in those coins thinking that at some point such coin could pump again, only to realize months or years later they just added liquidity to the coin and allowed some investors to cut their losses short.