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

[cribusen]

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?

There are two options. First of all, if BTC price would crash and investors would switch to altcoins, it would be great, because altcoins will be pumped by fresh investments. On the other hand, during BTC crash, alts may fall much deeper than BTC itself.

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[SquallLeonhart]

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?

This is a funny question, it is funny to me because I would not want to even imagine what will happen to altcoins value when bitcoin falls to $5000, we have some altcoins that has already bottomed, and I don't think that anything will really happen to those ones again, because they are almost on their lowest value, but you see those top altcoins that are dependent on bitcoin, they will fall drastically.

I am so sure that some of them will have their prices cut half way, but the good thing about those top coins loosing lots of value right now is that it will attract new and older investors to make more investment because when bitcoin rises back, it also affect most altcoins, which mean that profit for those that invested in the altcoins during the fall of bitcoin.

[FaucetKING]

If Bitcoin goes back to 5000 usd price range this time, a big crash could happen to the word of altcoins as we keep seeing the BTC dominance on CoinMarketCap above 70%. When BTC reaches 5k$ next time, this dominance is going to be even bigger and bigger which will keep the marketcap of btc strong but will have a negative effect on alts.

[shoreno]

nothing . alts have thier own life .  if people only sells thier btc then btc is the one that could fall but alts are still stable because they dont sell thier alts but if the scenario happens to be different , let say people will sell both of thier cryptos ( alts and btc ) then this should cause an overall market dump but the chances are low since most people know are hodlers  . in case the price drops due to some sellers , ,buyers will still take that oppurtunity and the price will regen again  

[Leo]

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 also doubt it if lots of altcoins will make it to their previous all time high price again because lots of people will panicking in selling their their altcoins at loss

Such situations will make altcoins crash more harder,  I guess only the true project that got good fundamentals and long term plan will survive,  as we all see that lots of projects died off during the previous crash of bitcoin to $3k

[TwSeventh]

nothing . alts have thier own life .  if people only sells thier btc then btc is the one that could fall but alts are still stable because they dont sell thier alts but if the scenario happens to be different , let say people will sell both of thier cryptos ( alts and btc ) then this should cause an overall market dump but the chances are low since most people know are hodlers  . in case the price drops due to some sellers , ,buyers will still take that oppurtunity and the price will regen again  

You're wrong here, once Bitcoin crashes and back to $5000. Alts will suffer a major decline and even some of them are going to burned out. Remembered what happened with Stemmit after Bitcoin crashed a months ago? they fired 70% of their staff and struggling. And if Bitcoin reaches that price again, that explains people is starting to doubt it and the demand is decreasing. If people think no matter what, the price will eventually go up, then why people do not buy it right now?

[mr_random]

nothing . alts have thier own life .  if people only sells thier btc then btc is the one that could fall but alts are still stable because they dont sell thier alts but if the scenario happens to be different , let say people will sell both of thier cryptos ( alts and btc ) then this should cause an overall market dump but the chances are low since most people know are hodlers  . in case the price drops due to some sellers , ,buyers will still take that oppurtunity and the price will regen again  

You're wrong here, once Bitcoin crashes and back to $5000. Alts will suffer a major decline and even some of them are going to burned out. Remembered what happened with Stemmit after Bitcoin crashed a months ago? they fired 70% of their staff and struggling. And if Bitcoin reaches that price again, that explains people is starting to doubt it and the demand is decreasing. If people think no matter what, the price will eventually go up, then why people do not buy it right now?

The project decisions can't depend on the investor's opinion, the market circumstances don't dictate in every project. The struggling projects can fire the developers and this is somehow understandable. Bitcoin can go to $5000  in single candlestick but not all projects will go to all new assembling. Maybe the market will punish the weak hands which can't command the invested projects but strong minds know how to handle the temporary market trends. The focus is important in this example.

People don't like to hear the truth, they like to see the realized predictions. The market is not only controlled by the logic, but the emotions also move the market mostly. The only logic is not sufficient for understanding the price velocity, emotional traders are like the middle man between the changing market trends. Half of the traders may not agree with my statement, there are a lot of variables that explain the pointed approach in the market.

[Backupnime]

the first think in my mind, i want to buy more bitcoin as i can and hold them until price going to the moon again like in 2017, but that case will never happen again for bitcoin going down untill $5000

[Meysa_richa]

Bitcoin is a very influential coin in Cryptocurrency.  Therefore if the price of a Bitcoin crashes and falls at $ 5,000, of course the price of other Coins will also follow. This is certain, and this has often happened in charts of changes in the price of Crypto Coins.  Where the price of Altcoin turns out to be very dependent on the price of Bitcoin.

[Backupnime]

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?

There are two options. First of all, if BTC price would crash and investors would switch to altcoins, it would be great, because altcoins will be pumped by fresh investments. On the other hand, during BTC crash, alts may fall much deeper than BTC itself.

at this moment altcoin price never pumped even bitcoin price are down deeply, in fact the price will go down because adjust to the current bitcoin rate

[Google+]

if the price of bitcoin falls maybe what will happen with the price of altcoin will definitely fall but it will only be a short time because there will certainly be many who run into altcoin and altcoin prices can go back up, only a few altcoins can be like that.

[perla]

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 bitcoin reach $5000 i think people will panic. Although a lot of people said that we shouldn't panic, or maybe be patient is key in bitcoin investment, i think panic will always happen and make bitcoin price and altcoin dumped very hard. Altcoin can get it's impact because people will start to sell their alts because value in bitcoin will decreased too. Not want to say bad but people who get panic will make it worse.

[coinluisa]

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?

We don't need to panic if that happen because we see a lot of time that bitcoin go down the price but still altcoin and bitcoin survive that bearish situatio.  Don't think negative when we see the price down because it will cost of panic and worse dumping.

[MrPiggles]

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?

We don't need to panic if that happen because we see a lot of time that bitcoin go down the price but still altcoin and bitcoin survive that bearish situatio.  Don't think negative when we see the price down because it will cost of panic and worse dumping.

I am quite familiar with the market downtrend and every time the market goes down there will be lots of panic sell investors. That will give Fiat holders a chance to invest again because they can be bought at very cheap prices at the time. I usually tend to buy coins that drop by more than 30% in a day because I know if I can buy those cheap coins the chances of making a profit will be very high.

[janggernaut]

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 will crash obviously. We even already had that time when bitcoin crashed to $3.3k in few months ago. Look at that time, many solid altcoins even crashed to below $100 (ETH was at $88, XMR at below $50, DASH slighty above).

[msg768]

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?

Solid projects like litecoin will recover I think.

What is a solid project?   a solid project is that project brings something new on crypto table. Something that will be used 10 years from now and Bitcoin cant do it on their own.  I am sorry to tell you that Litecoin is excluded in category of solid projects.   But I am not saying it will die or anything like that. It will just never be used much. There will be millions such not used coins and each of them will have some price, that will not be that high. But they will still exist.

You want something new? How new exactly? Because Litecoin did bring something new with it such as a lower block time and higher supply which made its fees consistenly lower than BTC and because of that LTC unlike BTC didn't have a Bitcoin Cash shitshow. You're simply biased towards Litecoin probably because you don't have any otherwise you're not really criticizing it properly. Litecoin is also as liquid as Bitcoin and exists on almost every single exchange. And unlike Bitcoin, it launched when a lot more people knew about crypto and could compete in mining it as opposed to Bitcoin when only a still anonymous dude knew and was minting 50 coins equal to half a million US dollars per 10 minutes. So yeah sorry to tell you but Litecoin is a lot more solid than Bitcoin. The only advantage Bitcoin has over Litecoin is its utlity in the altcoin markets in which most orders are placed with Bitcoin than Litecoin or even fiat.

[Plecet Bank]

If Bitcoin returns to the price you mentioned. It can be imagined that many altcoins are experiencing a very sharp decline. If you look at the conditions in the year 2019, it is actually very good because Bitcoin is able to reach upwards very high. But we also see that Altcoins are not experiencing very significant changes, as does Bitcoin.

We should always be ready with a bad incident for Bitcoin. But this year I am sure if Bitcoin will not suffer a sharp decline. By the end of this year and the year 2020, I think the crypto will increase again.

[Backupnime]

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 will crash obviously. We even already had that time when bitcoin crashed to $3.3k in few months ago. Look at that time, many solid altcoins even crashed to below $100 (ETH was at $88, XMR at below $50, DASH slighty above).

yeah if bitcoin price are crasheh i'm thinking the altcoin price going deeper more than Bitcoin, and need time to recover the price, if we look 4 year ago, when bitcoin price are down altcoin price are going up and me as trader can make big profit from this situation like in 2015

[samcrypto]

if bitcoin drops by 5k, domination falls with it, and altcoins like Trx Btt Btzc, I will shoot hard

Shitcoins will die as expected, and if bitcoin goes deeper only good altcoins can survive and can stay with the level of bitcoin. If there’s an opportunity to buy $5k again with bitcoin, i’m telling you to grab that opportunity and buy more because after that we will start the pump again and that can be an easy profit to hodlers.

[MrPiggles]

if bitcoin drops by 5k, domination falls with it, and altcoins like Trx Btt Btzc, I will shoot hard

Shitcoins will die as expected, and if bitcoin goes deeper only good altcoins can survive and can stay with the level of bitcoin. If there’s an opportunity to buy $5k again with bitcoin, i’m telling you to grab that opportunity and buy more because after that we will start the pump again and that can be an easy profit to hodlers.

If the price returns to $5000, it will be the worst time to come to this market and certainly thousands of other altcoins will be greatly affected in this market. I hope that will not happen because I am investing in a lot of big coins in the long term and have been making good profits over the past time. I personally cannot predict the future of this market but I believe Bitcoin is still the most profitable investment.