What is happening again? The market is looking all red!

[Sithara007]

Altcoin markets are taking a beating and the money are pouring towards bitcoin since the recent uptrend could mean a new ATH and a new floor, which is profit for most people who traded their coins for btc.

Yeah... Just noticed that the Bitcoin market dominance has crossed the 51% mark. And this is happening after many months, especially after the meteoric rise of Ethereum in April 2017. I am just hoping that the trend will continue in the future and once again Bitcoin will cross the 90% mark in market dominance, just like the case in 2016.

[Hamphser]

Hello guys,

What is really happening the market all red?

Woke up this morning with my full confidence that market will continue to recover but it didn't!

Can someone explain to me what is really going on because the market is not recovering, instead going to the hell again, more deeper!

Thank you.  

Since this is already a 1 month old thread then those days do really have still price on lower range but if you do see on the recent prices as of now.Bitcoin is already recovering up already which i do suspect because of the upcoming fork on this month and into the next one but now most alts are on red as of now which i do suspect that holders are cashing out their alts to buy more bitcoin because on the upcoming fork.This is a usual stuff in the market which isnt really surprising anymore and the best thing to do now is to go with the flow and making money later on.

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Holders are cashing out their alts to buy more bitcoin so alts price can be half / current price