What will happen to alts if Bitcoin crashes back to $5000?

[kodtycoon]

It happened that before when bitcoin crashes down to $5000 way back 2018. As all altcoins were bleeding and others become undervalued coin turning into a shitcoin. So if you wanna have plan to invest in coin better to choose one of the top 10 in coin market list.

that's the best way to invest and even though prices fall deeper like now then at least when investing in the top 10 coins we don't need to panic because the potential of the top coins won't become shitcoin when it goes bearish, so investing in alts is not entirely wrong because it still there are alts that are able to recover and survive when the market is bearish. but as has been said alts will be very risky if the price of bitcoin will indeed touch the bottom again and at least we must be prepared to face a situation like this if indeed we have been holding alts for the long term

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[the rise]

The current dominance of bitcoin has greatly influenced the development of altcoin, I think this is a logical problem. If it returns to $ 5k and the sideways are long enough, alt dominance will increase. It is true that many coins will not be strong, but not with coins that have sufficient daily volume in some large exchange markets, but conditions will return more differently if btc returns to $ 3k

[sirminesalot]

For sure the altcoins will crash for more if bitcoin crashes back to $5000, you know altcoins will follow if the bitcoin goes down or goes up. And I agree some alts may recover, but most of the alts will go down.

bitcoin until now may still be a guideline of altcoin and other cryptocurrencies and the development of crypto or altcoin currencies no one can know with certainty the confidence and patience of investors is the main capital in investing because the risk is very large that many investors expect altcoin will develop in the future

[DeepChipolino]

bitcoin until now may still be a guideline of altcoin and other cryptocurrencies and the development of crypto or altcoin currencies no one can know with certainty the confidence and patience of investors is the main capital in investing because the risk is very large that many investors expect altcoin will develop in the future

You call it risk I would be glad that investors remained true to their expectations.

This year, many altcoins have lost value vs bitcoins. Despite the temporary warming of the market in the spring. Now I expect BTC to fall to 6K or lower. And now this will kill many of our crypto assets, but there is hope that the market will become cleaner. At least for a while. At least something good

[deathcode]

I think that will happen with the condition of altcoin prices will likely experience a price decline too, although only temporarily due to the influence of the panic trader who sells his assets at cheap prices, but I am sure the price of altcoin will definitely rise again.

the impact when bitcoin falls then the market will also experience a decline. but now traders are safer because there are stable assets that they can use to save their money which of course won't make traders too panicked. but for altcoin, it will have a big impact. like today there is a decline that makes all coins also red. for the time of decline, I think it depends on how the market responds if there is a big panic, of course, it will be bad for the market. but when investors and traders calm down the possibility of a market recovery can run fast.

[Free1bitco.in]

It happened that before when bitcoin crashes down to $5000 way back 2018. As all altcoins were bleeding and others become undervalued coin turning into a shitcoin. So if you wanna have plan to invest in coin better to choose one of the top 10 in coin market list.

I think this will be quite different from 2018 ago. if the price of bitcoin drops to that level again, I think the price of altcoin will be lower. Well, I don't mean to scare, but in a situation like this the price of bitcoin drops to that level, it looks like it will have a very bad effect on altcoin.

although currently, the price of bitcoin is falling, I don't expect prices to fall more than the $ 7000 level.

[conex]

We have to keep in mind the direct proportional relationship between alts and btc. It's impossible to say, alts with no product and future would go south in no time. So much talk on forums about altseason but it looks like it's not coming anytime soon. Any new alts/non-ico/ with working product on market?

[atjiat]

Today, the price of Bitcoin is falling because it is losing its relevance.  Other cryptocurrencies are falling in price because the market has always reacted to falling Bitcoin prices.  But you also need to consider that negative news about cryptocurrency also has a bad effect on cryptocurrency users and the entire cryptocurrency market.  Nevertheless, I would like to mention that over the past period, the maximum trading volume of Bitcoin futures at 300 Bitcoin at Bakkt was again recorded.  This is almost 80 Bitcoin more than the previous maximum figure (220 BTC). Perhaps this indicator indicates that the cryptocurrency market is again being manipulated, which is why Bitcoin prices have dropped.

[CarnagexD]

I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts?

Even bitcoin crash back to 5000$ some of the good altcoins will remain at its current price. Try to look at the coinmarketcap you can only see bitcoin experience dump price while the other cryptocurrencies experience rising prices. If bitcoin will totally crash back at the price of 5,000$ or below on that price maybe some altcoin will also suffer because some of them are paired with bitcoin. Lastly, if this thing totally happens it might have a hard time to recover and it still hard to predict if on the coming halving bitcoin will recover its price.

[consideritdone]

happened before and can just happen again

[Omega Weapon]

If bitcoin crashes to 5k$, we may have serious issues. The trend is important, we are having bear markets bull markets but we are mostly going up with bitcoin. If we drop to 5k, alts will suffer a lot. Bitcoin will suffer a lot. This will be a new era for bitcoin and altcoins. I hope we keep going up.

A crash to that level will be completely natural and while this will affect the market in general we have seen greater crashes in the past than that and still the market survived, I'm not really worried about the market what I'm worried about are the many investors that will be unable to withstand such a crash, it is likely the recovery we saw during this year will not be enough to offset the losses produced during 2017 meaning that most investors will find their capital reduced to zero.

[Apened]

I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts?

I do think that it will depends on how bitcoin will gonna crash to 5k although its possible since we arein bearish again. If bitcoins will crash like crazy or just a slow movement after all.  Bitcoin slow movement will be a breath for some altcoins especially the solid coins or large marketcaps. unlike haveing big flash crash will result in a more bearish movement for the entire market considering its market dominance.

[Fredomago]

I don't think many alts would recover against Bitcoin if this happens and so they will crash even more. Some solid alts with good liquidity like Litecoin may recover but most won't recover in my opinion. Thoughts?

I do think that it will depends on how bitcoin will gonna crash to 5k although its possible since we arein bearish again. If bitcoins will crash like crazy or just a slow movement after all.  Bitcoin slow movement will be a breath for some altcoins especially the solid coins or large marketcaps. unlike haveing big flash crash will result in a more bearish movement for the entire market considering its market dominance.

A flash crash will surely dragged everything down inside the crypto market knowing that majority of the pairs is consist of Bitcoin. The impact of quick crash will make everything to suffer alongside with each pairs who used this coin. Slow movements though will give free space for investors to think twice and carefully analyze what will be the next steps in order not to be stuck while bear season are dominating the whole market.

[patz22]

You have to remember that all prices of alts still depend on BTC especially thay we all know that it is the main crypto but there would be a chance in the future that pne or more alts will be so independent that they will create their own market if you know what I mean. It would be really perfect if btc will be stabilize and that would be a great room for growth for the other crypto.

[Patrix_1]

After this week, I believe it is possible for BTC to achieve this mark. There are two options, the first is that altcoins will fall together will BTC and we will see the new all time lows for alts. But on the other hand, the dominance can fall with BTC which will leave space for altcoins to increase their prices.

[Kasabus]

After this week, I believe it is possible for BTC to achieve this mark. There are two options, the first is that altcoins will fall together will BTC and we will see the new all time lows for alts. But on the other hand, the dominance can fall with BTC which will leave space for altcoins to increase their prices.

Forget about altcoins when BTC is falling as all eyes are in BTC.

BTC reaching $5K is another struggle and honestly I don't want to witness that anymore, this market was suppose to end up strong by the end of the year as it has a very good start where btc stayed over $10,000 for awhile, but like the normal scenario, btc has dump again but like I said, hopefully this will stop from here and we will see some rally in the remaining months.

[Arkann]

I believe this is a very strange question, because nothing will happen unusual if Bitcoin drops below $ 5,000.  It is likely that then the situation of 2018 will be repeated.  But nevertheless, I am inclined to believe that this will not happen, because already at the moment the market has recorded a fast growth rate in Bitcoin prices, and a daily rise of more than 10% on October 25 has already been recorded.

[SamboNZ]

People was not expecting president Xi talk about blockchain, i guess the below $5k wont happen anymore because maybe China will be more open to cryptocurrencies and they wont be highly restricting its development.

[Karto]

in the beginning i tought that the post is related to the pump today
i realized that its not but still have to say my opinion
that after the pump today i am even more sure that BTC will go to 5-6k again
it just was a bull trap , thats all

[toast]

I believe this is a very strange question, because nothing will happen unusual if Bitcoin drops below $ 5,000.  It is likely that then the situation of 2018 will be repeated.  But nevertheless, I am inclined to believe that this will not happen, because already at the moment the market has recorded a fast growth rate in Bitcoin prices, and a daily rise of more than 10% on October 25 has already been recorded.

all possibilities can happen and there is nothing we can predict with certainty. One example is that in 2018 the crypto currency will decline rapidly and it will make many investors surprised by such conditions but slowly rise the development of the critical currency. even if there is a drastic increase and decrease it has become the nature and risk of investing in the crypto currency