if btc drops...

[vegitossjgod1]

if btc drops to 7-8k range what happens to alts?

[livingfree]

Then the price drops, so be it.

What kind of question is this? aren't we in that price level few weeks ago? I see that your account was created since May 31 so if you are new to crypto's. You don't have to worry about it because drops are basically a normal thing for the market.

And alts will also share the same move as the master's move, in short alts will go down too.

[Tipstar]

Bitcoin has risen at a better rate than of altcoins. So, if bitcoin drops, altcoins would also drop but in lesser rate than bitcoin.
Previously, when the price of bitcoin started dropping, it would have gone into another crypto bringing up its prices but with the emergence of stable coins, people would jump to stable coins if prices starts to decrease. Hence, increasing the rate of drop.

[Mikcik]

Currently BTC is up to 10k threshold, altcoin has paid on BTC is decreasing very strong. If BTC continues to dump so hard, altcoin will be even more catastrophic

[slashz9]

of course alt will follow btc, we already see btc drop to under 4k $, and eth drop below 100$.
this normal when btc down, what meaning your question? i think all crypto player know about this.
if you new in crypto down worry its a natural thing when btc down other will follow.

[mandor]

last year ago the price of Bitcoin has dropped and Alts too experienced the same thing, have you ever seen a situation when the decline occurred at the price of Bitcoin some time ago? that it's a very bad condition for the price of coins on the market and now you don't need to panic or worry because the price of Bitcoin will reach $ 10K. current market conditions are stable.

 

[udayantha11]

always alternative coins follow the btc , btc is the king of crypto currency. if the price of btc goes 4K then surely alt coins does the same. eth will go 50-100$. btc going to low means the, people are taking the money again. so all the market going to red.

[bering]

There are plenty of altcoins currently you can picked and i'm sure at least one of them can be profitable and regarding your questions possibly some of altcoins will be rise up because i saw it several times that when bitcoin price dropped then the price of particular altcoins was pumped and i think there is no worried about that and make sure you're not panic to facing this

[Gridness]

if btc drops to 7-8k range what happens to alts?

Often what we see if BTC goes down bitcoin also goes down too, but what happens now is the price of bitcoin rises at the price of several altcoins down. So what you need to do is if you are a trader, use your analytical technique to find out what will happen to altcoins

[mardaed]

if btc drops to 7-8k range what happens to alts?

As you can see if bitcoin being dump all of the alts is bleeding too, and that what happen if btc will drop even a less drop. That how volatile the market is but if you see the situation now btc keeps rising then enjoy your profit ahead.

[Nadziratel]

if btc drops to 7-8k range what happens to alts?

I don't even want to think about it. Market needs some rest anymore. I think if BTC will be over 10K for a while, all of us can earn some money with trade.

[Convery]

If Bitcoin goes up, altcoins will go down.
If Bitcoin goes down, altcoins will go down more.

We all know that our altcoins are pretty useless and we are waiting for the last pump to sell them for Bitcoin. 

[Samboo]

So far altcoins are dependent on bitcoin in terms of its price rise and down. So generally, price of altcoins will go down if bitcoin falls in price. However, altcoins are becoming independent and this is for a good reason. Many coins have started developing coins on their own blockchain. I think bitcoin will reach $12000 before falling.

[moynul2050]

of course I think altcoin will fall too, like the previous event, when Bitcoin crashed then I'm sure the altcoin will also fall.
although sometimes only a few altcoins follow the movement of Bitcoin, the rest have their own trends.

[Cacingkemi]

If in the future BTC goes drops to 7K - 8K then ALT will also lose parent and go drops too but it will rise again and like that continue regarding prices in the market, you don't need to panic when holding ALT in the current situation cause the market is currently certain the bull run right.

[mamahdedeh]

with no mention of prices, the downward trend in bitcoin will be followed by altcoin. and I think the altcoin average will follow in the footsteps of bitcoin. only a few altcoins in the opposite direction. but indeed the decline for each altcoin will be different, according to each ability

[anatolij.shishkin]

if btc drops to 7-8k range what happens to alts?

With a sharp fall, there is always panic on the market. I am sure many coins will immediately go down a few points. But notice the growth of Bitcoin to 10,000 does not greatly affect the growth of 90% of the market. In Thoria, most coins should not fall in price.

[xSkylarx]

Alts will also drop its usd value. All of the altcoins are dependent on bitcoin in terms of fiat value. Even if it has a high btc value, the fiat value will still be the same. If that happens then you only have two options hodl or sell if you have weak emotion. If btc dumps hard again it's an opportunity for buyers to accumulate more.

[arpon11]

Currently BTC is up to 10k threshold, altcoin has paid on BTC is decreasing very strong. If BTC continues to dump so hard, altcoin will be even more catastrophic

I so much agree with this and we should not expect more changes in price in a negative way now as it is difficult for bitcoin to fall back to $7000 as the market conditions keep improving! I visited coindesk today and I find many good news  and that means that bitcoin may be  on it way towards $15,000 trading area. It happens in this way in 2017 and from there we should expect more flipping as funds will flow into alternatives coins market. Altcoins will benefit when people or investors think bitcoin has been over bought.

[taguig]

if btc drops to 7-8k range what happens to alts?

Some altcoins will drop other will stay the same it depends on the coin, there are some coins that only depends on Bitcoin on its market price and volume, we have seen this happen a hundred times and this has been the scene ever since.