Bitcoin price and altcoin price

[Fendi23]

I think when the price of bitcoin go up,the price of altcoin will be go up too but need a little time slowly because bitcoin arr poundation from all it.

[DonTsTop]

These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?

Yes, altcoin price depends on the price of bitcoin and presently the price of bitcoin is recovering and altcoin are still down but I think this is because there is more demand for bitcoin lately than altcoin but I believe when the market recover from the bear, the price of altcoin will also begin to show positive increase.

[OnnoTunes]

These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?

Sure thing. Altcoin pricese are dependent to bitcoin price. If bitcoin increase or decrease fast, altcoins can't respond to that and become red. Bitcoin price should be stable to make alts become green.

[lx001]

I saw some news last week maybe that there are some new money coming from investors and they are investing in BTC and there is no money that has been invested into altcoins and this is the reason why alts are not increasing. Maybe this is true or some will say it is not.

I doubt there are any investors right now (they could easily get in at $6k), the main reason might be the FOMO before the ETF announcement in August. Bagholders dumping their alt's for BTC. Community always has high expectations for events like these, I would not be surprised to see a major dump closer to these dates.

[bozo333]

These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?

The current situation market is change the again because all the altcoins are red in the market slowly Bitcoin is move to backward.
I think many investors are panic selling know so this red market is comes in again But still many peoples are believe the Bitcoin so this will going to moon on end of the year.

[coinporch]

These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?

hi,, just for example,,
if you have about 10 Ethereum, then in fundamentally there is a lot of good news about bitcoin,,
also in technically bitcoin price already give us a sign, if the price already break the strong resistant,,
what will you do ? you will hold your ethereum or convert it to bitcoin as soon as possible,, right?
for me i will convert my eth to bitcoin,,
so, this is why when bitcoin price increasing, the value from altcoins will decreasing

[Vit83]

You will see how altcoins price depends from BTC if it falls) Everyone, except one-two unpredictable coins, will go after it)

[Mariahuhu]

These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?

Take it easy new moneys will come just wait for a while don't be aggressive be patient soon everything that we wait here will be rewarded and for sure we will be shock because expect the unexpected. Goodluck to all of us.

[blacktux88]

i think the market will wait for who stable btc will be in next few weeks or months

after that alts will also increse..

thats my rumor

These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?

[Tyronthegreat]

The altcoins that are able to ride the bounce back of bitcoin is rare and can be the end of those who aren't but they always affected by bitcoin falls. Sadly not when bitcoin change the situation.

[jamota]

If bitcoin will stabilize at a certain level, investors will start buying altcoins to get profit. Even though this is only a common scenario but this will also depend on the altcoin community and products. This can happen if people will sell there altcoin and rise with the bitcoin price rally.

[tarable]

These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?

actually not entirely altcoin prices were boosted on bitcoin prices. because the bitcoin stands alone, and whereas altcoin is an alternative coin-coin made by companies. so the price is different does not match.

[nyia]

There are significant changes if we observe the trend of BTC and altcoin. In recent years altcoin is very sensitive with BTC different from last year. You must be observant by using both technical and fundamental analysis.

[viewpaker]

This is a good thing for altcoins too for not being dependent too much to bitcoin since they can make their own progress by their current events and roadmaps. We must erase the mindset that altcoins are dependent to bitcoin since the price is affected by the demand and supply of the coin.

[richjohn]

These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?

Actually the thing is, altcoins do follow Bitcoin price trajectory. But when Bitcoin gets a bit stable after a rally. So, Bitcoin gets stable at any price point and gets into sideways trends, altcoins will too follow BTC price action that is they shoot up too. But if Bitcoin before that went a dump, then it would be tough to say that alts will go up. They most probably either remain at their present price point or will go a small dump.

[Dissident991]

These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?

Just look on charts for the period from June to November 2017. There was the same story, alts down, btc up.

[phabulu]

Theres a possibility or potential to might happen that ethereum will be the next to bitcoin in terms of ranking
but bitcoin is always bitcoin and theres no space or chance to anyone to replace 

[MRlong]

Your opinion is entirely unreasonable. If the altcoins rate depends on bitcoin when the exchange rate of the BTC increase then altcoins also have to increase. In fact, conversely, the exchange rate of BTC increased while the altcoins decreased. This clearly explains that the amount of investment is only concentrated in the BTC or altcoins at the same time, meaning that if the amount invested in the BTC is high, then the BTC rate will increase and the ETH will decrease.

[santosummer]

These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?

Yes, In my opinion, the altcoin value and bitcoin have dependencies. But this time, I can not explain the support of investors and their interest in ETH. The ETH value has dropped to $ 400-500 for nearly a month. It is worth mentioning, ETH price difference in this change extremely modest. Have I ignored any information?

[andrey111]

These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?

Now on the market we see how bitcoin is speculatively pumped up, because the altcoyins are standing still. I think in the near future we will see the drop of bitcoin to the level of 6000 dollars. The fall of bitcoin does not pull the even greater fall of the altcoyans. The next stage will be the rise of the whole market. I recall that this is purely my opinion.