bitcoin and alts

[alan2here]

if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?

Nowadays, Bitcoin is back but has had a good impact on altcoins. In the past few months, when Bitcoin was pumping, the Altcoin price slowly also climbed. But the price increase of Altcoin is not very high.

Even if now observing the market, Bitcoin still dominates. But what happens to the altcoins, the more downhill. Market conditions are still very difficult to predict.

The crypto market is facing a lot of problems in investment and psychology may be the main reason why other altcoins do not have good growth this year. I think that if Bitcoin can stabilize for a short time, altcoins can grow stably because the current value of Bitcoin changes hourly and very unpredictable so I believe we have to wait longer. Maybe the bear market will continue until the end of next year so you have to be careful in investing

[bitgolden]

BTC should raise in price and be at least by 13k USD per coin. Once we will arrive to this point, BTC dominance should start to fall and altcoins would start raising. I hope of this scenario, because I am tired of alts that are still on the same spot.

What makes you think so, have you forgotten that we have gone through that phase before where bitcoin even went quite above $13000 and then almost reaching $14000 before falling back to it current level, so why did altcoins not follow then. I cannot tie your statement to what will happen to altcoins when bitcoin reaches the $13000 again.

Every one of them is independent of their services now, bet with me that bitcoin will reach that $13000 and its dominance will still not fall because many people are just so much focusing on bitcoin now because they are taking alts to be unserious. The only saving grace that alts still has is that of their season, and no one know exactly when it will happen or what factor would responsible for that alt season.

[scambust]

Altcoins will recover. The charts says so, it is still in an uptrend. 2017 was an epic bubble and the prices are still to come lower but not lower than 2016, 2015 prices. You could trade back and forth into BTC if you will.

[thesosorr]

if that's the problem or it's a question really people who are in this bitcoin forum will be confused to choose the right answer to rely on as being appropriate to prioritize themselves.

[Bagani]

if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?

It's really hard to predict bitcoin and altcoin price this day. One thing for sure that they will increase in due time when the real bull run really happens. In this case that bitcoin retraces I think alts will decrease as bitcoin moves. Its a common thing that when bitcoin is moving alts will bleed for sure.

[Kasabus]

if that's the problem or it's a question really people who are in this bitcoin forum will be confused to choose the right answer to rely on as being appropriate to prioritize themselves.

why be confused? Doesn't the price cycle of Altcoin depend on the price of Bitcoin?
Indeed it can't be mentioned like that but there are still things that look like that.

If we closely check and observe the market movement, we could see that prices seem to be dependent on Bitcoin flows. 
What it happens now is that people are looking for another bull run to make use of their altcoins and gain some profit of it but it looks so hard and still in the edge of a long wait. Well, it hopes that people could wait and extend their patience.

[darth_cryptorider]

Altcoins only will start to grow after the domination of Bitcoin will fall under 60-50%. But now domination around 70% and no altcoin with capitalization more than 100 million  which grow right now

[juanda]

if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?

in my opinion altcoin will also experience price increases when the price of bitcoin is stable ... maybe now the price of bitcoin has not stabilized so that the price of the altcoin has dropped ... but I'm sure the price of altcoin has improved again after the price of bitcoin is stable.

[btc78]

if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?

It is answered now as bitcoin falling and altcoin follows as well

And besides this isn’t arguable because for how many years now we’ve seen that altcoins only considering the movement after bitcoin and the scenario is almost the same time after time

Though sometimes trend change when bitcoin fall while altcoin rise but this happens once in a blue moon not like when bitcoin fall alt fall also

[Natalim]

if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?

It is answered now as bitcoin falling and altcoin follows as well

And besides this isn’t arguable because for how many years now we’ve seen that altcoins only considering the movement after bitcoin and the scenario is almost the same time after time

Though sometimes trend change when bitcoin fall while altcoin rise but this happens once in a blue moon not like when bitcoin fall alt fall also

It looks like its a different situation in the last in the past days, bitcoin is still down, it struggles to bounce back but look at the altcoins market, yesterday, they were green, and they are still green now. I think if this will continue, BTC's dominance will dump and we might see some growth in the altcoins market.

From 70% dominance rate of BTC, now its down to 68% its just a minor change but it does bring big positive return for the altcoins market.
Seeing altcoins grow at least 5% is already a good improvement for me since we haven't see it for a while.

[Sendi blackspade team]

if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?

in my opinion altcoin will also experience price increases when the price of bitcoin is stable ... maybe now the price of bitcoin has not stabilized so that the price of the altcoin has dropped ... but I'm sure the price of altcoin has improved again after the price of bitcoin is stable.

there will never be a stable price of bitcoin. the bitcoin market is constantly moving, and altcoin is now not able to do much. traders and investors are more focused on bitcoin than altcoin for this season. and we will see how this market will provide solutions for altcoin trading and investment.

[jthor]

if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?

in my opinion altcoin will also experience price increases when the price of bitcoin is stable ... maybe now the price of bitcoin has not stabilized so that the price of the altcoin has dropped ... but I'm sure the price of altcoin has improved again after the price of bitcoin is stable.

there will never be a stable price of bitcoin. the bitcoin market is constantly moving, and altcoin is now not able to do much. traders and investors are more focused on bitcoin than altcoin for this season. and we will see how this market will provide solutions for altcoin trading and investment.

They promised us that cryptocurrency prices will be very unstable. And so it is. It is difficult for the cryptocurrency market to work with a planning strategy.

[leetcoiner]

It's good that Altcoins are holding on in price with respect to Bitcoin. So this is their real bottom. I think that it’s already worth starting to buy cheap tokens.

[Ailmand]

The last time bitcoin reached it's ATH a lot pf altcoins suffered. The reason must be, some people sold their altcoin to invest in bitcoin. Once bitcoin price settles, investors goes back to their alts, so it slowly recovers.

[peter0425]

It's good that Altcoins are holding on in price with respect to Bitcoin. So this is their real bottom. I think that it’s already worth starting to buy cheap tokens.

If the investors are ready to add coins?then this must be the right time though there are some speculation that we will be bottoming at $6,000 per bitcoin and if does we’re are from reality

But of course this is about the chance on gathering in cheap prices because no one really know what is the bottom or what is the max,the important thing here is we will not late from the ride if bulls starts immediately

[hashman]

if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?

At bull market or bear market, If the price of BTC suddenly increase or decrease, all alt coins will crush. It’s the fundamental of the market that never changed according to the different maker conditions.
It is important how alt coins will behave after the crush depends on movements of BTC.
I normal after the sudden price changes, money must follow to the alt coins and at coins must increase while BTC is stable or small pries changes at BTC.
By the way, last two months we see that this scenario which mentioned above is not valid anymore. After sudden price changes at BTC, alt coins do not recover themselves as BTC recover. Everyday we see new all-time lows. So everyday making profit from the market become more difficult.

[jarhed]

The last time bitcoin reached it's ATH a lot pf altcoins suffered. The reason must be, some people sold their altcoin to invest in bitcoin. Once bitcoin price settles, investors goes back to their alts, so it slowly recovers.

I also think that without Altcoins, the cryptocurrency market cannot be liquid and will develop further. Altcoins are an integral part of the entire cryptocurrency market.

[Natalim]

The last time bitcoin reached it's ATH a lot pf altcoins suffered. The reason must be, some people sold their altcoin to invest in bitcoin. Once bitcoin price settles, investors goes back to their alts, so it slowly recovers.

I don't think that is not right, if you have really witnessed when BTC reached its ATH you will know that you are not telling the truth.

I check the history snapshot of December 2017 for you.



Now, compared its price now.

[Rufsilf]

The last time bitcoin reached it's ATH a lot pf altcoins suffered. The reason must be, some people sold their altcoin to invest in bitcoin. Once bitcoin price settles, investors goes back to their alts, so it slowly recovers.

I also think today some members of the community sell their altcoins to BTC, accordingly altcoin market are in today's level. It makes prediction hard for us what will happen in the future, as altcoins are unaffected by the increase in BTC in recent months. Hopefully the next increase will not be ineffective as in 2017, the end of 2019 will be saved in our memory.

We/I can't deny that btc is better than Altcoins and diversifying our portfolio into btc alone is not a bad idea but really good. Altcoins still in struggles while Bitcoin is moving back again which is an opportunity and an advantage of bitcoin holders/investors to have some gains.

Well,  it has to say that we can be more profitable if we've got more bitcoin rather than to hold Ethereum. That's the practically I see and I don't believe that it will be my regret at all.

[lab rat hoax]

I don't know if you are aware, but altcoins are no longer affected by movements of bitcoin. Therefore I find it unnecessary to discuss this issue these days Maybe that's because we still can't see enough hard action from bitcoin but still my expectation is that in the coming months we will see a mini alt season and the bitcoin will start the bull run after it.