Btc dump. It is time for some alts to recover against BTC

[Indamuck]

The same pattern keeps repeating.  Eventually a lot of money will go back into altcoins and their gains will out perform bitcoin.  It is only a matter of time so make sure you have your investments spread out among all of the top coins.  Ethereum is looking like a great buy right now.

[Btczhageh]

Things have change and we shouldn't expect much from Altcoins this time compared to last years, when the fall of Bitcoin always lead to the uprising or uprise of the Altcoins in the market. Much more like this will be for a long time from now if ever we will see such opportunity again. Altcoins period are over and maybe be for another decades.

[Malamok101]

Against bitcoin, bitcoin is the best for me to buy don't loss up some hope to buy and hold bitcoin and switch up to invest in other coins just wait for you big oppurtunity waiting up for bitcoin.

[Harlot]

The same pattern keeps repeating.  Eventually a lot of money will go back into altcoins and their gains will out perform bitcoin.  It is only a matter of time so make sure you have your investments spread out among all of the top coins.  Ethereum is looking like a great buy right now.

It's not even over for Bitcoin yet, yes I know there will ne a season for the alts but I don't think it will be as early as BTC's next attempt for a new ATH. These kinds of correction where it makes the market bleed says that BTC still has some influence on other coins and there shows no signs that there will be transferring one coin from another. If we start to see price differences and opposite directions towards BTC's price movement then it will be alt season.

[arpon11]

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and I think can recover to 4500 - 6000 sat area.

Altciins are in the green this afternoon when bitcoin is in red and it is a sign that some of them have started recovery against bitcoin! I said in this forum about two weeks ago that "if altcoins are going to recover it has to be when bitcoin is dumping" and that is what we are seeing happening now. I believe for this days that bitcoin is making corrections it is better to convert it to some of the altcoins that we knew are going to recovered.

[Coyster]

Altcoins seem to be making strides since today, but I wouldn't get over excited about that, I doubt altcoins season can come again, more so when the bitcoin dropped by quite an amount in the last twenty four hours.
It there is any control over the other, then it's definitely the bitcoin over alts, this is just a minor rally by alts and soon the charts will normalize with the bitcoin taking precedence.

So before thinking of ditching the bitcoin to go for Ats cos there are in the green now, remember the bitcoin remains king and affords more safety than the rest

[AB de Royse777]

~snip~

Ethereum just made a mess of it self by considering bitcoincash blockchain for transaction issue.. i doubt how long this will long and i wonder if it will retain its second spot in the market.

What is that? I am not much up to date about the technology change for Ethereum. Do you have a article or something so that I can have a look to understand the work currently going on with Ethereum or has already done?

Cheers :-)

[NeverSop]

Things have change and we shouldn't expect much from Altcoins this time compared to last years, when the fall of Bitcoin always lead to the uprising or uprise of the Altcoins in the market. Much more like this will be for a long time from now if ever we will see such opportunity again. Altcoins period are over and maybe be for another decades.

Is not. It seems that it will be a long-term adjustment from the need and long-term awareness of the people to altcoin to be strengthened. But in fact, altcoin's recent recovery is very slow, it seems to be a general sentiment.

[The Cryptovator]

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

Btc on the way again on up trend. I have seen alts was not much volatility even bitcoin was dump little bit. I am suspecting alts will not recover during bitcoin volatility. Perhaps we will see recover when bitcoin stop volatility. It was not happend with XRP, it is happen with. Hope very soon alts will recover.

[Hypnosis00]

Things have change and we shouldn't expect much from Altcoins this time compared to last years, when the fall of Bitcoin always lead to the uprising or uprise of the Altcoins in the market. Much more like this will be for a long time from now if ever we will see such opportunity again. Altcoins period are over and maybe be for another decades.

Is not. It seems that it will be a long-term adjustment from the need and long-term awareness of the people to altcoin to be strengthened. But in fact, altcoin's recent recovery is very slow, it seems to be a general sentiment.

It absolutely it takes time before it recovers, we've passing 1year since fall but still, altcoins are not moving back, it may be 1-2years isn't enough.  Back then, we can BTC at its move by now and the market started to green again but not just it feels so good cause it is really not showing a good impact. And we are still at a long gap to fill. 

[senyorito123]

The same pattern keeps repeating.  Eventually a lot of money will go back into altcoins and their gains will out perform bitcoin.  It is only a matter of time so make sure you have your investments spread out among all of the top coins.  Ethereum is looking like a great buy right now.

Typically that's the best opportunities for all traders to buy their preferred altcoins now, and as recommendations they should check coinmarketcap history. These tokens and coins had previously bounce once into very profitable price so it could possibly be reached again. If you have blockfolio in your mobile phones, signs were all green showing consistent altcoins price increase.

[Kasabus]

The same pattern keeps repeating.  Eventually a lot of money will go back into altcoins and their gains will out perform bitcoin.  It is only a matter of time so make sure you have your investments spread out among all of the top coins.  Ethereum is looking like a great buy right now.

Typically that's the best opportunities for all traders to buy their preferred altcoins now, and as recommendations they should check coinmarketcap history. These tokens and coins had previously bounce once into very profitable price so it could possibly be reached again. If you have blockfolio in your mobile phones, signs were all green showing consistent altcoins price increase.

It is not necessary to look at CMC whose giving the best cause it is obvious that the top coins listed in the market are on the lead. We have to be in the right position in order to make more profitable and considering these coins, we can assure for ROI in the future. We can't make it in a short period of time, but of worthy to hold for many years. 

[Cherylstar86]

Things have change and we shouldn't expect much from Altcoins this time compared to last years, when the fall of Bitcoin always lead to the uprising or uprise of the Altcoins in the market. Much more like this will be for a long time from now if ever we will see such opportunity again. Altcoins period are over and maybe be for another decades.

Is not. It seems that it will be a long-term adjustment from the need and long-term awareness of the people to altcoin to be strengthened. But in fact, altcoin's recent recovery is very slow, it seems to be a general sentiment.

It absolutely it takes time before it recovers, we've passing 1year since fall but still, altcoins are not moving back, it may be 1-2years isn't enough.  Back then, we can BTC at its move by now and the market started to green again but not just it feels so good cause it is really not showing a good impact. And we are still at a long gap to fill. 

That is excessively, and I truly felt so terrible watching the market of altcoins not evolving positively. Be that as it may, I must be progressively hopeful at this point and change my mentality too, in light of the fact that when I become disillusioned at extremely basic circumstance nothing will occur. For me to continue, holding my altcoins will be my best choices to accomplish for the time being until it completely recuperates at certain productive cost.

[79b79aa8d5047da6d3XX]

BTC dominance is still higj up to 40% and if btc dominance has not dropped alt can not ride. So a dump in the price of btc will not cause alts to rise neither will a rise in btc cause alts to rise. Alts rise when btc dominance has reduced and this happens when Btc is stable not when it is dumping or rising

[sana54210]

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

What makes you think that it is time for altcoins to start their own bull run, I know the coming of their bull run is very at hand, but the factor that will see to that is not the dumping of bitcoin, because as bitcoin has dumped now, many investor will not be able to get any profit out to pump into altcoins, and most altcoins usually dump along with bitcoin anytime it dumps.

The only time that virtually all altcoins respond to bull run is when bitcoin goes sideways, so the time we should wait for is when bitcoin will go sideways, that is when many of those altcoins will beginning to surge very high in value and probably have a record of another new all-time high before bitcoin continues on its bull journey. Most altcoins shave really reduced now and I think it is time to go for some of them.

[sulendra12]

because as bitcoin has dumped now, many investor will not be able to get any profit out to pump into altcoins, and most altcoins usually dump along with bitcoin anytime it dumps.

But, after recent dump Bitcoin is increasing once again slowly. With 6% change, sure investor will get their profit back in no long time.

The interesting point is:

I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

From what we have seen in this past 2 months, that Bitcoin's pump is really dominant than other altcoins. while altcoin is slowly recovering this time. You may have seen some altcoins going up and down in this month.

[MonsterV]

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

It will take a long time for alts to grow strongly. As of 2017, when BTC dominates over 70%, alts still cannot grow and it seems that only BTC is a strong increase.
After that, the bubble started to explode, when BTC's Dominance was only about 35% - 40%, then the alts began to increase sharply.
We will also see a strong pump price from BTC and history will continue to repeat.
In my opinion, it's still time to buy BTC and sell it at $ 12k.

But in my opinion, to be more vigilant about bitcoin because according to my technical analysis and looking at the previous chart, bitcoin is still forming a pattern to go down even further. I personally cannot buy bitcoin at this time, I will still wait until the end of the month and look back, which way bitcoin will go. I also hope that as you would expect the price of $12k+ to return, but the alert is more important and more important is to use your own analysis.

[ONEnergy]

first of all this is not a bitcoin "dump" it is a drop. and you should really know the difference between these basic things if you are in a trading discussion board otherwise it is a better idea if you stay away from trading.
secondly whenever bitcoin price drops, the altcoins go down with it. and a quick look at the altcoin market shows that this time the altcoins are going down like always so there is no exceptions happening here either. in fact one of the reasons why the altcoin market is turning into a big bloodbath is exactly these bitcoin price rise and falls since altcoins go down in both cases.

If you are checking USD value you are correct when BTC drop altcoin drop as well. But crpyto traders trade btc with other crypto pairs (altcoins) not with USD. In this case if BTC drop other part of a pair (altcoin) your are trading with should go up.

[maydna]

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

Not sure about that because bitcoin still below than $11k and it needs time before the price can increase. And for XRP, I don't think that the price can increase so soon even if bitcoin price is at a low price like today. But everything can happen as we know that the market can run without anyone can predict, and the price can touch any price. I only hope that XRP can increase higher like before and if that happens, I will sell some of XRP in my wallet and I hope that I can make a lot of satoshis.

[bitbunnny]

Actually that's how altcoins and bitcoin behaves along the way as price continued to fluctuate during each and every price rally. If it's time for the alts to recover at certain value, then it's time for buyers who have long term trading goals to take actions and shouldn't miss it.

I'm not sure this is going to happen. Bitcoin is still dominating at the market and alts are not going up. Although there is a possibility for Bitcoin price to dump even further.
Still so far I haven't noticed direkt connection between Bitcoin and altcoins in term of price fluctuations and I don't expect for alts to respond on Bitcoin price changes.