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

[Mahanton]

It is unlikely that BTC will crash back to $5000, at least in the near future, but if this happened it will affect the prices of altcoins, or most of them, badly. We noticed many times that altcoins markets are still depending on the BTC market and price, so if BTC price decrease the prices of the altcoins will go down too.

That will be the most common scenario that will likely to happen if bitcoin crashes. Anyway, not even in 5k level, even at price levels where bitcoin slowly decrease its price, the price of alts also decrease. So we can see this trend even not in 5k price level. I won't be surprised when that price movement happens.

I have seen many cases which price of the altcoins increase while Bitcoin price decreases and you can check the historical charts for confirmation. The consolidation between price of the BTC and altcoin is not fully known to the crypto community yet and these correlations are the example of how people treat the altcoins as anticipate to the BTC price. The response of the altcoins is always laggy to the price movement of the Bitcoin, $5000 price will be a shock hummer for most of the altcoins. In global markets, each financial asset has anyhow correlation between the bigger ones, it is also the same correlation between the Bitcoin and the altcoins. 

Not all the times because price can either be correlated anytime or not between alts and BTC itself.We do able to see for how many times that if BTC drops alts drop too but there were instances where if btc drops then alts uprise.It depends on how the community decide to switch up either they do pour funds to alts or would simply keep their investment safe with stable coins or with fiat and that's why we cant really presume anytime that those correlations will happen depending on what we are seeing.It can crash but we wouldn't know on what would be the next move.For now we cant really say that btc cant crash wayback too $5000 but there would always be a possibility since its only -50-60% at the current price at the moment.

[adzino]

They will follow the same fate of bitcoin. That is, they will also start dropping very badly. If the price of bitcoin starts to drop due to negative rumors, the price of alt coin will also start to drop since people will start to cash out everything to avoid any further loss. This dump will cause further dumping as people will start to panic as they watch the price fall. This doesn't end here. Now since the price of bitcoin is at the bottom, people will now invest on bitcoin, thus they start to sell their altcoin and invest everything on btc thus causing the price of altcoin to further dive down.

[nabilapimpo]

I didn't expect that it would happen. In 2018 Bitcoin can reach $5,000 and you should know that the impact on the altcoins is very negative. All the altcoins have declined and many investors are out of the market.
Such conditions do not want to happen again this year and further. We are now more focused with trading, investing and Bounty campaigns. Many people who predict the Altcoin season, maybe happening by the end of this year and the year 2020.

[LogitechMouse]

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 think $5000 for Bitcoin isn't called a crash but a small correction only. What defines a crash for Bitcoin is that if it goes back to its previous lows of $3000 and a possibility that it can go lower up to $1-1.5K.

For me, if Bitcoin crashes just don't visit the sites where you see the prices of coins anymore because you will feel....... you know it.

[bitgolden]

They will follow the same fate of bitcoin. That is, they will also start dropping very badly. If the price of bitcoin starts to drop due to negative rumors, the price of alt coin will also start to drop since people will start to cash out everything to avoid any further loss. This dump will cause further dumping as people will start to panic as they watch the price fall. This doesn't end here. Now since the price of bitcoin is at the bottom, people will now invest on bitcoin, thus they start to sell their altcoin and invest everything on btc thus causing the price of altcoin to further dive down.

Altcoins situation are not different from the way they were when bitcoin was still around $5000, and when it drops now back to that level, I still would not see the possibility of it having effect on altcoins except the top altcoins.  

most of the altcoins that we have are almost going to zero, and imagine bitcoin is cut by half, what would they decline to again than for them to disappear from the market, but I don’t think they still have the strength to decline, and when bitcoin drops to $5000, I only see it causing a very big pump because that would be a very cheap price for people and whales to comes in as  far as the dumping was not as a result of people’s negative reaction to let's say a government's policy or news from them.

[caffu chino]

although the possibility is small but if bitcoin falls to $5k. it has been confirmed that many altcoins have died. maybe almost 45% of altcoins that are now on the market will fall to 0. it will probably be the apocalypse for altcoin. Large altcoins such as ETH, LTC, BNB, XRP and EOS will also be heavily affected. maybe they will fall half the price.

[Nnuego]

If that should happened, it will be so disastrous and it will affect all other altcoin, whereby making many altcoin to disappear and  lose it's value and potential totally. If bitcoin should crash it won't exceed below $8k which will not happen

[Deborah Christine]

If bitcoin crashes up to 5000 $ it's a disaster for altcoin. Altcoin has not had time to go up but has been squashed again with bitcoin.
Even good Altcoin won't survive and will come down dramatically too. And other altcoins will die. And this will make many investors lose money and do not rule out the possibility of altcoin investors will switch to bitcoin.

[Nivia1st]

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 think $5000 for Bitcoin isn't called a crash but a small correction only. What defines a crash for Bitcoin is that if it goes back to its previous lows of $3000 and a possibility that it can go lower up to $1-1.5K.

For me, if Bitcoin crashes just don't visit the sites where you see the prices of coins anymore because you will feel....... you know it.

yes you're right, but still the price of $5k bitcoin is also a problem. this can make altcoin fall very deep. we can see yesterday when bitcoin fell from $10K to $8K. all red altcoin and the average has decreased between 15-25%. so if bitcoin goes back to $5k, there are lots of altcoins that are destroyed.

[hashman]

Alts were better when BTC around 3.2 K – 4K. While BTC running to the 12K and hit 14K, all alt coins are crushed. Traders waited recovery at alt coins but BTC never gave permission to alt coins.
Alt coins finding new all time laws every week. If BTC will drop to 5K, we will see completely red and bloody market. We will new all time lows and it will bot be easy to recover.
If BTC can find strong resistance and support at 5K – 5.5K and become stable for a couple of weeks, than we can see green market and recovery of alt coins.

[Taskford]

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 think $5000 for Bitcoin isn't called a crash but a small correction only. What defines a crash for Bitcoin is that if it goes back to its previous lows of $3000 and a possibility that it can go lower up to $1-1.5K.

For me, if Bitcoin crashes just don't visit the sites where you see the prices of coins anymore because you will feel....... you know it.

yes you're right, but still the price of $5k bitcoin is also a problem. this can make altcoin fall very deep. we can see yesterday when bitcoin fell from $10K to $8K. all red altcoin and the average has decreased between 15-25%. so if bitcoin goes back to $5k, there are lots of altcoins that are destroyed.

If you mean the shitcoins out there maybe yes they will fall badly or even die if bitcoins price would comeback again unto that price but if you hold those potential alts which are on top list on coinmarketcap maybe their price will not drop as hard and you may also have an assurance that they will pump when bitcoins price recovers.

[suryana]

Of course Altcoin will also be destroyed in price, because the dominance of Bitcoin over Altcoin prices is very strong so it is very influential on price movements. We can see like now on various exchanges when the price of Bitcoin dropped, then Altcoin also very dropped.

[barota]

If bitcoin Decrease to 5000 $ per btc . for sure most of another group shit coin go away from the term crypto
Most of those shit coin grown before . when price pupmed hard from 400 usd to up 10000 usd  end or mid year 2017 due to th pump
I said before that there is no benefit  except top 10 or top 20 only like ethereum litecoin

[bison]

Of course Altcoin will also be destroyed in price, because the dominance of Bitcoin over Altcoin prices is very strong so it is very influential on price movements. We can see like now on various exchanges when the price of Bitcoin dropped, then Altcoin also very dropped.

indeed when a decline in the price of bitcoin occurs the exchange rate of altcoin will also decrease. there is even a possibility that it will be very bad. but when the decline occurs we will see a large adoption will occur again when prices have begun to stabilize. we see several times the market trends like this.
even if that condition happened, I'm sure only good altcoins will survive with their trade in the market.

[tadpole_bitfrog]

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?

it all comes back to March of 2019, which is the period when bitcoin was only $ 3k3. I believe that this market full of crimes will still live and live strong.
When the market is in a deep recession, there are sure to be black funds launched to pump out the prices of top coins and from there the market will grow again. This is the usual cycle of the crypto market.

[Chrystora123]

the atmosphere will not be much different from last December 2018 (when Bitcoin was priced at $ 3,500), many Altcoins will crash.. the cut loss action will occur because investors are afraid of the certainty of their investments in Altcoin.

although the possibility is small but if bitcoin falls to $5k. it has been confirmed that many altcoins have died. maybe almost 45% of altcoins that are now on the market will fall to 0. it will probably be the apocalypse for altcoin. Large altcoins such as ETH, LTC, BNB, XRP and EOS will also be heavily affected. maybe they will fall half the price.

right.. 40-45% Altcoin will be zero due to lack of support from investors & trader.

[Arkann]

We have seen that the price dropped from 20k to 3k$ and after that, we had a nice period of alt season. This shows that there is no need for a panic. We just need to pass the halving and strong altcoins will be shown to us. Lets have more patience and do our own researches for the strong altcoins and get them while they are cheap.

I think there is no panic, but what is happening on the cryptocurrency market is very difficult to explain.  We always believed that the entire cryptocurrency market depends on the price of Bitcoin, but as you said, the price of Bitcoin from $ 20,000 dropped to $ 3,000, and then, at the beginning of 2019, it went up again and reached $ 10,000, but altcoins continued to show bad results until  so far .

[Omega Weapon]

We have seen that the price dropped from 20k to 3k$ and after that, we had a nice period of alt season. This shows that there is no need for a panic. We just need to pass the halving and strong altcoins will be shown to us. Lets have more patience and do our own researches for the strong altcoins and get them while they are cheap.

I think there is no panic, but what is happening on the cryptocurrency market is very difficult to explain.  We always believed that the entire cryptocurrency market depends on the price of Bitcoin, but as you said, the price of Bitcoin from $ 20,000 dropped to $ 3,000, and then, at the beginning of 2019, it went up again and reached $ 10,000, but altcoins continued to show bad results until  so far .

I do not see how this is difficult to explain, years ago there was confidence that many of the new projects coming to the market could change not only this market but the way many industries worked, after the crash happened and some years passed people have realized that nothing changed and the only coin that is making progress is bitcoin, so when the market began to recover at the beginning of this year bitcoin gained in dominance against the rest of the coins.

[matchi2011]

We have seen that the price dropped from 20k to 3k$ and after that, we had a nice period of alt season. This shows that there is no need for a panic. We just need to pass the halving and strong altcoins will be shown to us. Lets have more patience and do our own researches for the strong altcoins and get them while they are cheap.

I think there is no panic, but what is happening on the cryptocurrency market is very difficult to explain.  We always believed that the entire cryptocurrency market depends on the price of Bitcoin, but as you said, the price of Bitcoin from $ 20,000 dropped to $ 3,000, and then, at the beginning of 2019, it went up again and reached $ 10,000, but altcoins continued to show bad results until  so far .

Will be depend now with how will you chase your opportunities, the market still following bitcoin and what we can expect if another hard dumped comes on it's way, many panic holders will follow including those who are inside alts investment, fear of losing their hard earned investment, they will follow the trends of liquidating funds. You need to have your own way of taking your opportunities in order to know what to decide while experiencing down market.

[romero121]

Bitcoin falling low to $5000 is possible, but it is truly hard to predict the moves that will happen with altcoins on account of the same. For users who believe in the growth will go for bitcoin, considering it the buying opportunity. In these days if there is such a price crash surely it'll not continue for a longer time period.

Over the altcoins surely there will be big impact. This will lower the market for altcoins, very few exceptions will continue to grow. Particularly those were the exchange backed altcoins as well the other having realtime usage. By then investing on altcoins too is a good choice if the plan is for long term profiting.