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

[mamedesign]

What is clear altcoin will follow the fall also its value.  And for that it means we are still waiting for the resurrection of the king of Bitcoin so that altcoin is back up as well.

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[sniveling]

What is clear altcoin will follow the fall also its value.  And for that it means we are still waiting for the resurrection of the king of Bitcoin so that altcoin is back up as well.

If Bitcoin falls to $5000, then alts will be very bad, many will not withstand and disappear from the market, because the prices of alts will be very, very low.

[JollyGood]

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?

One positive if Bitcoin price crashed would be that hopefully the trash useless crypto with no real team or functionality will probably be on their way out while the stronger crypto with a sizeable community behind them will simply march on.

[novaprime]

What is clear altcoin will follow the fall also its value.  And for that it means we are still waiting for the resurrection of the king of Bitcoin so that altcoin is back up as well.

If Bitcoin falls to $5000, then alts will be very bad, many will not withstand and disappear from the market, because the prices of alts will be very, very low.

I think it will not happen because 2020 is expected to be the most robust year of the crypto market and investment demand is on the rise in the first few days of this year. I hope Bitcoin value could soon return to $10,000 this year and will continue this uptrend until a new high price is reached. Of course, that won't happen now and investors need to be more patient.

However, with what is happening and recently World War 3 of the US and Iran are causing a lot of investors to turn to crypto investments.

[Wildwest]

If the price of Bitcoin can reach $5000 then I believe some altcoins will disappear in the market, but this is not necessarily the case because when we see the market developments sometimes altcoins do not depend on Bitcoin, when the bitcoin drops there are some altcoins Still persisting in the numbers at the moment instead of increasing, perhaps the altcoins not only depends on Bitcoin but the investors are also very instrumental, so if the alts coins have potential then he will continue to survive in the market.

[pealr12]

If the price of Bitcoin can reach $5000 then I believe some altcoins will disappear in the market, but this is not necessarily the case because when we see the market developments sometimes altcoins do not depend on Bitcoin, when the bitcoin drops there are some altcoins Still persisting in the numbers at the moment instead of increasing, perhaps the altcoins not only depends on Bitcoin but the investors are also very instrumental, so if the alts coins have potential then he will continue to survive in the market.

hopefully coins that is only pump and dump and do not have a working product will disappear when bitcoin crashes back  to $5000 or even lower. If those scam projects will be deleted im sure the market will become healthy again and altseason will happen.

[JollyGood]

hopefully coins that is only pump and dump and do not have a working product will disappear when bitcoin crashes back  to $5000 or even lower. If those scam projects will be deleted im sure the market will become healthy again and altseason will happen.

If those scam projects (as you refer to) were to disappear from the market it would probably mean more funding and investment for the remaining crypto or genuine crypto projects.

Maybe the only immediate advantage of a $5000 Bitcoin scenario would be the hopefully collapse and removal of all trash coins.

[TheAndy500]

hopefully coins that is only pump and dump and do not have a working product will disappear when bitcoin crashes back  to $5000 or even lower. If those scam projects will be deleted im sure the market will become healthy again and altseason will happen.

If those scam projects (as you refer to) were to disappear from the market it would probably mean more funding and investment for the remaining crypto or genuine crypto projects.

Maybe the only immediate advantage of a $5000 Bitcoin scenario would be the hopefully collapse and removal of all trash coins.

Many coins can be called forgotten, but it still does not improve the market situation. We don't really know how many of them must fall for the situation to improve. Certainly the situation will become clearer at the time of the new bull run. There will definitely be a big difference between projects that are still developing and those that were just fake, or fall. A drop below $5000 would surely brighten up this situation.

[leetcoiner]

altcoin will make prices all time low because altcoin price movements follow bitcoin prices if bitcoin prices continue to fall, traders will continue to sell altcoin

It's just that if Bitcoin falls to a price of $5,000, the market will panic and many people will start selling their alts to save their assets, the market reaction is quite normal