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

[tungaqhd]

If Bitcoin crashes back to $5000, the altcoins will crash back too even more and many altcoins will become worthless. It is proved that most altcoins markets are depending on the BTC market and price, and any increasing or decreasing of BTC price is affecting altcoins prices as well.

Well, the reaction from altcoin is what will come because bitcoin has a great connection to altcoin, the value of altcoin may get a slight sock and go down but a high rate is only temporary because we need to know that bitcoin is down, capitalization will need to run to the right position, it takes time for that and the proper position is altcoin. And altcoins will constantly have pumps when capitalization returns, this scenario is something we can see often and this is what I want right now, altcoin is catastrophic enough, it needs to come back and so do investors

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[Vladok]

I think then altcoins again fall heavily in price and it will be difficult for them to show us the top of their price

[jacafbiz]

This is what I think would happen, most of the Altcoins would crash along with it and put many projects out of their misery because they now lack money to continue working on their project but few projects will rise and would share more of the market dominance then people will feel there is need to look for a strong alternative to BTC

[TomArayaSlaya]

First of all is it even possible to see BTC below 5k, Surely that is bound to cause serious panics and maybe some altcoin at that time might come up stronger basically due to more buys and change of dominance but the question is who is ready to possibly take that dominance

[Kang TB]

First of all is it even possible to see BTC below 5k, Surely that is bound to cause serious panics and maybe some altcoin at that time might come up stronger basically due to more buys and change of dominance but the question is who is ready to possibly take that dominance

maybe you are right, few alts will growing, because a lot of people will move their money from bitcoin to altcoin
but, not all because a lot of people will choose a stable coins to safe their money my friend

[BorisWCR]

First of all is it even possible to see BTC below 5k, Surely that is bound to cause serious panics and maybe some altcoin at that time might come up stronger basically due to more buys and change of dominance but the question is who is ready to possibly take that dominance

maybe you are right, few alts will growing, because a lot of people will move their money from bitcoin to altcoin
but, not all because a lot of people will choose a stable coins to safe their money my friend

It is obvious even the considered stable coins do possess a price drop and it always required to quickly keep observing the market and implement a decision plan to ensure a managing operation in our trading else it might end up in loss and a safe play is choosing a stable coins instead a new alt.

[Kemarit]

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?

If you believed that there is a sort of correlation between Bitcoin and Alts then you might as well say that some altcoins will perished because of this or the top ten coins will be like 90%-98% down again. Ethereum has recovered from $80 to it's current price. So that's a good test to look at again if Bitcoin crashes to $5000, probably Ethereum will be < $80.

However, if you think that investors are going to shift their funds to altcoin, then we might see altcoin market flourish again because of the Bitcoin crash.

So we really can't tell at this point what will be the overall sentiments. We all know that crypto is very volatile and it can change dramatically for the better or worse.

[coin-investor]

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 hope it's not going to happen, we have the momentum in our side but if ever it crashes, it could be the end for most altcoins especially those altcoins who do not have products and platforms that community will be using for the long term, everytime Bitcoin and the market is down, most of the altcoins also cease to exist.
What happens is something like a purge, the market will make these shitcoins to vanish and the one that would likely to stay are coins with real usage.

[Danslip]

In my opinion, the fallback to the old support level of the chart can take the market cap back to the 2018. The altcoins will not be able to go up if the BTC price doesn't cross the $14000. The price predictions are useless unless it gets realized by the market itself. It can be the final destination for the most altcoin but the deep prices will be pumped by the small social groups, anyway. Massive selloff can cause the speical effect on the market, the crash will continue affecting the altcoins too. Altcoins should not be traded during the BTC selloff in my humble opinion. There are so many potentially good and technical analysis support4ed coins which lie on the buy zone. The buy zone is the best time to enter the market with the BTC but it is a personal preference which backed up with the experience by different traders.

[Oceat]

Then a massive crash of altcoins would occur too, do you still remember when Bitcoin hits $3,500 this year? You notice that a lot of altcoins were painted red in the marketcap that's why we should be thankful that Bitcoin now is way more higher than the price of $3,500. Most of us think it is the end of Bitcoin and weak-handed were forced to sell their coins because of the FUD that they experienced.

[rodel caling]

I have wondered about the Bitcoin crash situation but I think of it in even more disastrous conditions. You say $5000 and that is only 50% drop from today. I think more in terms of real disaster. Like below $1000 price, even worse than 2016.

IF that happens. Kiss goodbye to 99% of alts,,, I think.

That is very possible if that sceanrio goes come true a lot of altcoins we need to say goodbye if the bitcoin crash at 5,000$ or down to 1,000$.
But as of now we need to stay calm and relax do not imagine that negative expectation from the crypto space that isn't healthy to the community.

[ryzaadit]

The best scenario went bitcoin going a dip its :

• A lot of crypto user saying bitcoin will going to zero/rekt
• Everyone will ask the same question "When bitcoin back again to 20K USD"
• Crypto Influencer disappear went a "Bear" market coming, and back again went the "Bullis" already back
• Everyone start selling all his crypto asset.

Bear was always interesting, this reminds me went a lot people predict bitcoin will going to 1-2K and they all making a wrong prediction.

[19Nov16]

I once a difficult experienced thing that when the price of bitcoin is under $ 3,600 (january 18), of course this makes me lose up to $ 6500 because many altcoins also drop, I hope the price of bitcoin does not drop under $ 10,000 again.

[alan2here]

I once a difficult experienced thing that when the price of bitcoin is under $ 3,600 (january 18), of course this makes me lose up to $ 6500 because many altcoins also drop, I hope the price of bitcoin does not drop under $ 10,000 again.

I also hope that this will never happen again because if Bitcoin drops below $10,000 then the bear market will surely be triggered and we must continue to suffer new adjustments from this market. I have lost a lot of money in this market but my belief remains, so definitely holding Bitcoin is the safest option for everyone. In addition, you can invest in ETH or BCH as these are two coins that tend to increase with Bitcoin

[gunungkembar]

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?

if the price of bitcoin falls very deep and the price returns to $5,000 I think there will be many traders who will be depressed and certainly many problems will occur, I really hope that nightmare will never happen.

[DDante]

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?

Most times all altcoins available in crypto space will follow bitcoin lead if bitcoin increased in value, altcoins must add value atleast and if bitcoin loses value it affects altcoins but only very high demanding altcoins care less about bitcoin movement because they have what it takes to surge in value and non dependent on bitcoin movement

[Mame89]

Hopefully this bad thing won't happen and it can't happen, because the impact will definitely be very true for investors and altcoin owners who have been hoping to get profits or just reduce losses from what they invest.

[lienfaye]

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?

Well-established coins like the popular ones will recover but the others I dont think they will recover.

We know if btc pump the price of some altcoins follow, but if btc dropped in price alts will suffer even more.

If btc recover only popular coins will follow the path of btc and this is not the case for not popular alts. The price of alts depends on the investors so if there's no investors then the price will definitely plunge.

[ethereumhunter]

I don't think so. I am sure that the altcoin will recover someday, but yes, they should follow with bitcoin price moves. There are so many good altcoins in the market, and we still don't know which altcoin that can recover. Bitcoin itself is trying to recover the price to the higher price so the chance for the altcoin to recover will be wide open. All we need to do is patient and wait for a while until the situation is change. We will go to see the recover of the altcoin will be happening soon.

Altcoins will have a good recovery if Bitcoin can stabilize for a long time because currently Bitcoin has a great overwhelming dominance and is dominating this market alone, so I think it will be difficult for altcoin to recover. You may consider altcoin as a good option to invest but there will be a lot of risk for yourself because the current market has a lot of big fluctuations. I personally only hold Bitcoin and Fiat because this market condition does not allow me to invest in risk

That is what I am thinking so far. In this year, we see bitcoin price can rise higher than the last year. The altcoin will following bitcoin to recovery, but like bitcoin, we don't know when it will happen. I am okay with the risk that I might get from bitcoin because I believe that bitcoin won't disappoint me or others in the future. I can accept that the bitcoin price always changes and fluctuated every day, and I think I can make a profit from that. The only thing that I concern is when the dump and pump that will comes because sometimes I miss that time to buy or sell.

[styca]

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?

Alts really have been struggling for a while, and still haven't really recovered much after the huge 2018 dip. I would say give it time though. There are some good alts out there that offer solutions that Bitcoin does not. If BTC drops to $5k again, then yes alts would drop too, but I don't think it would mean the end of alts at all. I'm sure the good alts will recover in time. We need more confidence in the market first though.