Market is red all over again...

[Cnut237]

I don't think the sudden BTC jump was that surprising. Prices had been moving steadily upwards for a couple of months, with any dips recovered almost immediately. We were due a breakout upwards. As usual, BTC leads, and then alts follow. So both increase vs fiat, but the initial stage is alts remaining relatively static whilst BTC goes up - which is why it translates as alts red against BTC at the start.

[BitcoinHodler]

Yes market was red at that time and every time when bitcoin goes high most of altcoins goes low in trading pair alt/BTC, i don't know why always happen but this is it, i expect to grow more bitcoin this month.

i believe that the reason for it is two things.
first is the arbitrage traders who see the difference and start buying some pairs and selling it on the other pair market. for example buying ETH/USD then selling ETH/BTC and enjoying the BTC price rise. that can also explain why the altcoin dumps is not that big and right in the middle.
second is the fact that traders have always been aiming to make more bitcoin not more altcoins. the main reason why altcoin market exists and is pumped every day is to help them make more bitcoin. so in the end when bitcoin rises everyone dumps their altcoins to get their bitcoins out before they lose value.

[pinoycash]

I don't think the sudden BTC jump was that surprising. Prices had been moving steadily upwards for a couple of months, with any dips recovered almost immediately. We were due a breakout upwards. As usual, BTC leads, and then alts follow. So both increase vs fiat, but the initial stage is alts remaining relatively static whilst BTC goes up - which is why it translates as alts red against BTC at the start.

Yeah whenever BTC Pumps alts starts bleeding, But once everything stabilize alts will follow shortly. We can expect more people to jump in BTC bandwagon and dump their alts in favor of the king Bitcoin.

[Question123]

What date is that? As far as I know yesterday the market increasw jump very high. And if you try to check again the market is already increased more and now is $5000 . This coming next few days I expect more jump value of the bitcoin and the altcoins.
Market now is all green again better to change it to that. But if people panic again it become red again if the people not take care of what aalready hitted the bitcoin.

[robaya]

Yeah whenever BTC Pumps alts starts bleeding, But once everything stabilize alts will follow shortly. We can expect more people to jump in BTC bandwagon and dump their alts in favor of the king Bitcoin.

like yesterday's pump event where bitcoin rose high but some altcoins only increased slightly. but after bitcoin dropped back and began to stabilize, altcoin began to crawl up on the market, and it will continue to follow the growth of bitcoin on the market. at least now the market is in good condition.

[BitcoinHodler]

What date is that? As far as I know yesterday the market increasw jump very high. And if you try to check again the market is already increased more and now is $5000 . This coming next few days I expect more jump value of the bitcoin and the altcoins.
Market now is all green again better to change it to that. But if people panic again it become red again if the people not take care of what aalready hitted the bitcoin.

it is green only if you look at their USD prices but that is false and misleading you should look at the real value which is in BTC not in USD.
so next time when you visited coinmarketcap.com, change the settings on top from USD to BTC and you will see how they have been getting dumped.

after all most exchanges have only ALTcoin/BTC markets with some ALTcoin/Tether markets with a much lower volume. and majority of traders are only trading against bitcoin so we shouldn't be even looking at anything else.

[Dilladupak]

I think now the price of bitcoin has also experienced a pretty good surge, so the prices of other altcoins will also follow the current surge in bitcoin prices, because now market prices have also turned green.

[LUCKMCFLY]

Well, at the moment it is green, but it is normal due to the rise that there has been a bitcoin, so it is very likely that the altcoins follow the same direction that is heading bitcoin, especially those that are in the first 5 of CMC , since in some way, the graph and structure of them are very similar, and have a greater advantage than the other altcoins for having more market capitalization. For now the market is green, but it is better to wait because everything can happen in Crypto !

[Tipsters]

At least major coin break up their level now especially eth and btc. I think it is not surprising to see the changes drastically as this market is full of volatility and surprises. I have a feeling that it will continue to keep improving since many platform improved since then. Like eth upgrade that clear up some flaws on the network. Plus many project has keep moving forward such as enj, and many more. Include to that the IEO success story for every big exchange.

[amrulshare]

Well, at the moment it is green, but it is normal due to the rise that there has been a bitcoin, so it is very likely that the altcoins follow the same direction that is heading bitcoin, especially those that are in the first 5 of CMC , since in some way, the graph and structure of them are very similar, and have a greater advantage than the other altcoins for having more market capitalization. For now the market is green, but it is better to wait because everything can happen in Crypto !

exactly, but most of the altcoins values occur due to an increase in bitcoin. we can only wait for the breakout point of the bitcoin market and that can determine which direction the altcoins will move.

[michellee]

Yeah whenever BTC Pumps alts starts bleeding, But once everything stabilize alts will follow shortly. We can expect more people to jump in BTC bandwagon and dump their alts in favor of the king Bitcoin.

like yesterday's pump event where bitcoin rose high but some altcoins only increased slightly. but after bitcoin dropped back and began to stabilize, altcoin began to crawl up on the market, and it will continue to follow the growth of bitcoin on the market. at least now the market is in good condition.

Let's hope that the bitcoin and altcoin can rise together so we can get a double profit from bitcoin and altcoin. I think that can happen soon. Although bitcoin continues to rise, some of the altcoins still rise too behind of bitcoin because I see that many of altcoin doesn't get a dropped even if bitcoin is rise. Maybe people believe that altcoin and still support that altcoin, so no matter if bitcoin rise, that coin will follow.

[duyduc256]

Well, at the moment it is green, but it is normal due to the rise that there has been a bitcoin, so it is very likely that the altcoins follow the same direction that is heading bitcoin, especially those that are in the first 5 of CMC , since in some way, the graph and structure of them are very similar, and have a greater advantage than the other altcoins for having more market capitalization. For now the market is green, but it is better to wait because everything can happen in Crypto !

Everything is showing stability and we can believe that April will be the year when the market officially enters the stage of uptrend and Bitcoin, ETH has increased by more than 20% today, making the psychology of people very excited . I think no one will sell panic at this time because the demand for investment is so high and make them make a huge amount of money in the last few days.

[dark08]

Well, at the moment it is green, but it is normal due to the rise that there has been a bitcoin, so it is very likely that the altcoins follow the same direction that is heading bitcoin, especially those that are in the first 5 of CMC , since in some way, the graph and structure of them are very similar, and have a greater advantage than the other altcoins for having more market capitalization. For now the market is green, but it is better to wait because everything can happen in Crypto !

Everything is showing stability and we can believe that April will be the year when the market officially enters the stage of uptrend and Bitcoin, ETH has increased by more than 20% today, making the psychology of people very excited . I think no one will sell panic at this time because the demand for investment is so high and make them make a huge amount of money in the last few days.

We cannot trust this pump up for bitcoin we already on the bottom of some indicators maybe bitcoin will down a little bit then pump up again some people truly believe that this is the start of bullrun.

But take a look and read this article someone buy a 20k btc this recent pump up for bitcoin.
https://cryptoslate.com/did-a-20000-btc-order-push-bitcoins-price-to-5000/

[arifteguhr]

I don't think the sudden BTC jump was that surprising. Prices had been moving steadily upwards for a couple of months, with any dips recovered almost immediately. We were due a breakout upwards. As usual, BTC leads, and then alts follow. So both increase vs fiat, but the initial stage is alts remaining relatively static whilst BTC goes up - which is why it translates as alts red against BTC at the start.

Yeah whenever BTC Pumps alts starts bleeding, But once everything stabilize alts will follow shortly. We can expect more people to jump in BTC bandwagon and dump their alts in favor of the king Bitcoin.

That's right because the more people who adopt bitcoin it will be faster for bitcoin to experience a good price increase, so to make bitcoin rise again by adopting large-scale bitcoin

[diamond_shine1]

it looks like the altcoin holder is simultaneously switching to bitcoin so the altcoin falls. normally if the price of bitcoin is stable then the altcoin price adjusts the price

[Ararbermas]

Sorry but bitcoin now is finally on the top of 5k value. And for sure all alts now on the coinmarkecap is fine as well along with bitcoin. So the red last night is definitely a temporary adjustment of price which like what always happened when market is trying to push more. Indeed everything now is under control of green and seems the growth rate still want to create a little progress. .

[iram3130]

Obviously they are red, Bitcoin is on the move and until it gets stabilized most of the altcoins prices in the BTC market will drop. Its the best time to accumulate some good coins in this artificial dip. On the other hand new coins have started making news, XAUp Pokens are one of them which is getting popular everyday, PPT team is doing everything to make a success as their exchange will be live soon.

[Caladonian]

Sorry but bitcoin now is finally on the top of 5k value. And for sure all alts now on the coinmarkecap is fine as well along with bitcoin. So the red last night is definitely a temporary adjustment of price which like what always happened when market is trying to push more. Indeed everything now is under control of green and seems the growth rate still want to create a little progress. .

Most probably alts will follow after bitcoin keeps moving up, the surge rise still holding traders who wanted to earned might dumped their alts and exchange it to bitcoin and then convert to fiat to maximized the profits, there's always good and bad inside this market, being responsible and knows how to timing before making any moves will let you to push forward and not being bothered by any uncertain situations.

[Huskarls]

once again the bitcoin price rise has led to a massive altcoin dump all over the altcoin market as they continue losing value against bitcoin and show red on the charts. interesting point is that the top coins with bigger market cap are dropping harder than the smaller coins which is probably due to the arbitrage opportunity between the ALT <> USD <> BTC which is also partly the reason for the ALT/USD small rise.

I'm actually pretty confused about what happened to traders now, when the price of bitcoin falls and doesn't rise, they complain. and even conditions were better than 1 month before, they also continued to complain that the altcoin also experienced a significant decline.I suggest them to stop complaining about market situation and never blame the market.

[armarsterling7]

 right. I have tried to trade with that strategy and it is quite effective. I predict the market's cycle of increase and decrease and determine the time to buy USDT at a reasonable price. then when the market was red, my money increased significantly. But we need some big capital to do it. Safe and easy money