Altcoin price chart.

[indoagung88]

Do you see graph equations that are currently running. example: If we look at and also observe Bitcoin charts and other altcoins, to be honest you will see a lot of similarities. Namely up and down in rhythm. What do you think about this??

[Awesomus Maximus]

This is nothing new. Every time bitcoin goes up, the majority of altcoins follow. Every time bitcoins goes down, the majority of alts go down too. Most altcoins follow bitcoin in their price movement. There are minor exceptions, for example when an altcoin is being pumped or dumped, or when some significant news appears which is specifically related to a certain altcoin. In such cases you will see discrepancies. 

[danherbias07]

Yes that is what is happening by now.

Before there is like a belief that whenever bitcoin is being dumped altcoins are going up and it is real. Traders sell their bitcoin for altcoin and vice versa. Bitcoin up altcoin down.
Now, it aint like that. With the amount of exchange to fiat currency growing and also with Tether in, everything changed just like that. An escape had been made and the price of it doesnt move. 1:1 to USD

[indoagung88]

This is nothing new. Every time bitcoin goes up, the majority of altcoins follow. Every time bitcoins goes down, the majority of alts go down too. Most altcoins follow bitcoin in their price movement. There are minor exceptions, for example when an altcoin is being pumped or dumped, or when some significant news appears which is specifically related to a certain altcoin. In such cases you will see discrepancies. 

It looks like your observations are very precise and similar in my analysis. That's the reason I observe the graph every day, so I think that under any circumstances bitcoin is the king of crypto. Thank you.

[tabas]

Yes, altcoins chart are also the same with bitcoin.
They are following bitcoin's chart and move.

[indoagung88]

Yes that is what is happening by now.

Before there is like a belief that whenever bitcoin is being dumped altcoins are going up and it is real. Traders sell their bitcoin for altcoin and vice versa. Bitcoin up altcoin down.
Now, it aint like that. With the amount of exchange to fiat currency growing and also with Tether in, everything changed just like that. An escape had been made and the price of it doesnt move. 1:1 to USD

That would be my reason to always hold bitcoin, because after all bitcoin is the key to all altcoins. So I think in the current conditions, everything is actually still and will look fine, even though the market is red. Bitcoin will still be number 1 and a choice for many people out there.,

[mcTether]

Do you see graph equations that are currently running. example: If we look at and also observe Bitcoin charts and other altcoins, to be honest you will see a lot of similarities. Namely up and down in rhythm. What do you think about this??

Whatever up and down movement you see in the graph is just a real time price of the coins at that time. Maybe you haven't really studied those graphs carefully to understand them.

[mrdeposit]

The main reason for this similarity is that all altcoins are depend on Bitcoin. That is why 99% of the altcoins have no worth against USD, so Satoshi is required to measure prices and this causes the graph to be the same.

[kindbtc]

That is why i always emphasise on the market volume it is one of the most important factor that drives the market and the prices and in the current slow market up and down in volume is what is driving the price up or down the market on its own seems confused at the moment.

[Chinsmokers]

Majority of the tokens and altcoins depends on BTC as their base. Like when BTC is up the tokens and altcoins are up and when its low the tokens and altcoins also will be low.

[LUCKMCFLY]

This is very logical, because Bitcoin has a life of its own, that is, it has an established structure, which is subject of study, has its phases of accumulation, trend and distribution, the altcoins depend directly and indirectly on bitcoin, any altcoin can be in trend bullish, for any reason, but if the bitcoin goes down in price, the altcoin immediately falls, this is because they do not have their own life, that is why some altcoins in their graphics are similar to bitcoin.

[Ararbermas]

Yes, altcoins chart are also the same with bitcoin.
They are following bitcoin's chart and move.

yeah definitely because that is what always happening  right now especially when bitcoin makes a dump and pump in the market .Which is  some specific altcoin is always following bitcoin movement immediatly ,even though the supplies came from different sources. Actually mostly ppl nowadays is very confused on this circumstance which is why this things always happen when BTC is suffering.

[Krassows]

In my opinion, all coins have the same graph, which is up and down, when the green market certainly increases when the red market will decline, it is volatile and all of these are reasonable conditions, do not worry about the current market conditions because it's all time will return to normal

[apilpirman.bisnis]

Depend how bitcoin price and how could growing up, without have higher price of bitcoin harder to get altcoin could be on higher price, many time we faced moment when bitcoin on higher price altcoin could be on higher price too.

[djuragan]

Do you see graph equations that are currently running. example: If we look at and also observe Bitcoin charts and other altcoins, to be honest you will see a lot of similarities. Namely up and down in rhythm. What do you think about this??

It's already happen since long, did you just notice it? All that happen is when Bitcoin moves, then most of the altcoin will surely following that movement, better it's up or down, cause bitcoin still act as the mother of all altcoins.

[Danslip]

Do you see graph equations that are currently running. example: If we look at and also observe Bitcoin charts and other altcoins, to be honest you will see a lot of similarities. Namely up and down in rhythm. What do you think about this??

That rithm is called a correlation between price and charts. Bitcoin's every movement affects to all cryptos and their values. Altcoins are depended on the price of eth and eth's price is usually depend on bitcoin price

[mrdeposit]

This is very logical, because Bitcoin has a life of its own, that is, it has an established structure, which is subject of study, has its phases of accumulation, trend and distribution, the altcoins depend directly and indirectly on bitcoin, any altcoin can be in trend bullish, for any reason, but if the bitcoin goes down in price, the altcoin immediately falls, this is because they do not have their own life, that is why some altcoins in their graphics are similar to bitcoin.

Bitcoin's price is depend on other factors that can be manipulated easily,so the structure is a bit different than other altcoins. Some altcoins can't go away from being pump and dump, others are waiting for movement by top cryptos.

[oppo070]

Do you see graph equations that are currently running. example: If we look at and also observe Bitcoin charts and other altcoins, to be honest you will see a lot of similarities. Namely up and down in rhythm. What do you think about this??

They said that it is the bart sympson market. Just like the head of bart sympson, the market is fluctuating tremendously up and down in a short span of time which the cause is unknown, I don't know why despite of the news about ethereum update, there is still nothing that is gaining. Still the market is not recovering.

[redsun114]

There is nothing new about your observation, this as been happening since 2017 and will still continue to happen until we get another coin that can bring more value and trust than what bitcoin has brought to this community, that is only when we would be able to get a market which the price is not affected by bitcoin.

Once the price of bitcoin begins to dump, it is normal that altcoin prices will dump too.

[Bttzed03]

The main reason for this similarity is that all altcoins are depend on Bitcoin. That is why 99% of the altcoins have no worth against USD, so Satoshi is required to measure prices and this causes the graph to be the same.

This is the current scenario. There was a time though that many altcoins moves up when bitcoin goes down. Perhaps if more alts will have more fiat pairings, we'll see a different chart.