I think of gold and stock market exchanges. When stocks are down, commodities are typically gaining to protect on the loss of the market itself.

This additional later of altcoins gives people the opportunity to gather Bitcoin opposed to USD.

Just a thought I had:

If, and it is right now, the Bitcoin bubble pops and corrects then we should expect one of two things.

1. All the money comes out of BTC AND the altcoin markets
2. All the money moves from BTC to altcoins

Earlier yesterday I noticed that while BTC was falling so did ETH and LTC.

This scared me, because that would mean that all the money is coming out of BTC and therefore people were intentionally pumping BTC for the profits (which is very likely).

However, what we are seeing now is that the altcoins market is absorbing the shock of the BTC crashes. This means that the money is not moving out of crypto any time soon.

What it seems is that people are hedging Bitcoin now, and not just Bitcoin to USD. This dynamic gives BTC a much longer outlook on price increases.


Thoughts?