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

[boris singer]

alt movements won't be too far from closing monthly prices, at least not for the majority of coins. altcoin is not like bitcoin which can go down so deep, if btc coins react again to consolidate, altcoin will try to break up the previous support points. The price will indeed go down in accordance with the BTC pair, but the trader assets which are accumulated will increase again.

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[Sterbens]

If bitcoin fall below 5000 USD then alt coins will also fall.
When bitcoin is red whole crypto market is red.
Its like a flat sale on whole crypto market due to christmas, for long term investment its the ideal time to buy.

That's right, I'm afraid that when bitcoin falls, the latcoin will also go down badly, maybe it will be shitcoin of most altcoins, so this bitcoin needs to be retained at a more stable price but this continues to be played by the pope then there will be an impact for small holders of their assets will become even more worthless.
But I'm not sure about bitcoin going down to $ 5,000 now and going forward.

[TheAndy500]

alt movements won't be too far from closing monthly prices, at least not for the majority of coins. altcoin is not like bitcoin which can go down so deep, if btc coins react again to consolidate, altcoin will try to break up the previous support points. The price will indeed go down in accordance with the BTC pair, but the trader assets which are accumulated will increase again.

Of course, if the price of Bitcoin starts to fall by 10% or 20% every day, then the prices of altcoins will not even be able to fall so much. Altcoin prices were falling so much when the Bitcoin price was falling slowly. However, if it happens that the price of Bitcoin drops to $5k or lower, some altcoins will be so low that they will not rise from this level again. I am not talking now about top100 altcoins but from further positions.

[Silberman]

If bitcoin fall below 5000 USD then alt coins will also fall.
When bitcoin is red whole crypto market is red.
Its like a flat sale on whole crypto market due to christmas, for long term investment its the ideal time to buy.

Some altcoins maybe still defend its price and got an increase in the bitcoin price but for some altcoins which are not having something useful just like the product and the future of them will be dead as soon as possible. if bitcoin falls and that will automatically affect the whole of altcoins except a solid altcoin that can stand without bitcoin

And that is the thing, many people concentrate on altcoins that do not really have any chance of surviving in the long term and that is without a doubt a mistake, if you want to obtain profits but you do not want to watch the market all day just in the case the coin that your holding begins to crash then you need to hold good altcoins, that way even if those coins begins to go down as bitcoin suffers a reduction in its price you will know that the price of those coins will eventually recover if the price of bitcoin goes up or if there is an altcoin season.

[Tiennou74]

If bitcoin fall below 5000 USD then alt coins will also fall.
When bitcoin is red whole crypto market is red.
Its like a flat sale on whole crypto market due to christmas, for long term investment its the ideal time to buy.

Some altcoins maybe still defend its price and got an increase in the bitcoin price but for some altcoins which are not having something useful just like the product and the future of them will be dead as soon as possible. if bitcoin falls and that will automatically affect the whole of altcoins except a solid altcoin that can stand without bitcoin

And that is the thing, many people concentrate on altcoins that do not really have any chance of surviving in the long term and that is without a doubt a mistake, if you want to obtain profits but you do not want to watch the market all day just in the case the coin that your holding begins to crash then you need to hold good altcoins, that way even if those coins begins to go down as bitcoin suffers a reduction in its price you will know that the price of those coins will eventually recover if the price of bitcoin goes up or if there is an altcoin season.

If bitcoin will fall below then most altcoin market are red because of fear where losing money happen, but it may recover soon as it happen most of the time, if you are in Altcoin then you must be have holding power in you so you can get profit in future !

Thanks
 

[bitkanu]

If bitcoin fall below 5000 USD then alt coins will also fall.
When bitcoin is red whole crypto market is red.
Its like a flat sale on whole crypto market due to christmas, for long term investment its the ideal time to buy.

Some altcoins maybe still defend its price and got an increase in the bitcoin price but for some altcoins which are not having something useful just like the product and the future of them will be dead as soon as possible. if bitcoin falls and that will automatically affect the whole of altcoins except a solid altcoin that can stand without bitcoin

And that is the thing, many people concentrate on altcoins that do not really have any chance of surviving in the long term and that is without a doubt a mistake, if you want to obtain profits but you do not want to watch the market all day just in the case the coin that your holding begins to crash then you need to hold good altcoins, that way even if those coins begins to go down as bitcoin suffers a reduction in its price you will know that the price of those coins will eventually recover if the price of bitcoin goes up or if there is an altcoin season.

If bitcoin will fall below then most altcoin market are red because of fear where losing money happen, but it may recover soon as it happen most of the time, if you are in Altcoin then you must be have holding power in you so you can get profit in future !

Thanks
 

The chart of altcoin last day has already proven the true story when bitcoin gets dumped and whole of altcoins will follow it at the same time with horrible dump than bitcoin. It may recover when bitcoin will also recover from its dump caused by the bearish trend but when bitcoin does nothing and altcoin will never recover.

[Silberman]

And that is the thing, many people concentrate on altcoins that do not really have any chance of surviving in the long term and that is without a doubt a mistake, if you want to obtain profits but you do not want to watch the market all day just in the case the coin that your holding begins to crash then you need to hold good altcoins, that way even if those coins begins to go down as bitcoin suffers a reduction in its price you will know that the price of those coins will eventually recover if the price of bitcoin goes up or if there is an altcoin season.

If bitcoin will fall below then most altcoin market are red because of fear where losing money happen, but it may recover soon as it happen most of the time, if you are in Altcoin then you must be have holding power in you so you can get profit in future !

Thanks
 

But the market proves that holding your altcoins is not a good idea, recently there was a decrease in the price of bitcoin and then a few days later bitcoin recovered all the value that it had lost at that time but even if altcoins recovered they did not recover fully, and we know this because the bitcoin dominance despite what happened went up, this is very clear evidence that holding altcoins for the long term will never be good for you as an investor.

[leetcoiner]

If Bitcoin drops to $5,000, alts will be in a very big crisis, many coins will immediately fall in price by several tens of percents

[cassavachips]

Obviously altcoin will be very tortured if bitcoin really goes down that far because altcoin is now very slow to recover. Bitcoin has a big role to play in the current and future conditions of the altcoin market.

[whyrqa]

If Bitcoin drops to $5,000, alts will be in a very big crisis, many coins will immediately fall in price by several tens of percents

I think that with a significant drop in Bitcoin, the entire cryptocurrency market will fall even deeper, because many cryptocurrencies have not shown good performance since the time when Bitcoin fell in price at the end of 2018.  Over the past year, Bitcoin has even risen to $ 10,000 - $ 13,000, but many cryptocurrencies have remained in a bearish trend.  If today Bitcoin again falls to a possible $ 5,000 or lower, then for many companies this could be a disaster.

[gabmen]

If Bitcoin drops to $5,000, alts will be in a very big crisis, many coins will immediately fall in price by several tens of percents

I think that with a significant drop in Bitcoin, the entire cryptocurrency market will fall even deeper, because many cryptocurrencies have not shown good performance since the time when Bitcoin fell in price at the end of 2018.  Over the past year, Bitcoin has even risen to $ 10,000 - $ 13,000, but many cryptocurrencies have remained in a bearish trend.  If today Bitcoin again falls to a possible $ 5,000 or lower, then for many companies this could be a disaster.

How sure are you though? Yeah, historically, we have alts that ride any wave that bitcoin makes, but they're not entirelt dependent on btc's movements. Some alts will eventually take advantage of  btc drop. And btc has gone lower than 5k before. Alts some alts did follow suit, but 2018 was worse for bitcoin than a lot of alts in the market. Bottomline is, it's not all the time that the altcoin market will move based on bitcoin as it will easily be readable.

[bittick]

If Bitcoin drops to $5,000, alts will be in a very big crisis, many coins will immediately fall in price by several tens of percents

Only bad coins will be in a big crisis caused by the holders will not feel better again to hold their altcoin and they will have an intention to dump their altcoin as fast as possible to get bitcoin. this is the possible scenario when bitcoin gets the next bearish trend or crash back to the 5k rate again.

[naikturun]

But the market proves that holding your altcoins is not a good idea, recently there was a decrease in the price of bitcoin and then a few days later bitcoin recovered all the value that it had lost at that time but even if altcoins recovered they did not recover fully, and we know this because the bitcoin dominance despite what happened went up, this is very clear evidence that holding altcoins for the long term will never be good for you as an investor.

not really, some alt rated above have proven it for example ETH, XLM, XRP, XVG you can see the price in 2015 they are almost worthless at all, and also alt which rose to the top 10 by using the name of one of the most popular exchanges, Binance coin with the price of ico 0.1 $ is now at 13 $ after 2 years so not all alt will be bad for the long term.

[Kasabus]

But the market proves that holding your altcoins is not a good idea, recently there was a decrease in the price of bitcoin and then a few days later bitcoin recovered all the value that it had lost at that time but even if altcoins recovered they did not recover fully, and we know this because the bitcoin dominance despite what happened went up, this is very clear evidence that holding altcoins for the long term will never be good for you as an investor.

not really, some alt rated above have proven it for example ETH, XLM, XRP, XVG you can see the price in 2015 they are almost worthless at all, and also alt which rose to the top 10 by using the name of one of the most popular exchanges, Binance coin with the price of ico 0.1 $ is now at 13 $ after 2 years so not all alt will be bad for the long term.

That's what I put in my mind too, as long as the developers are here to stay doing their job, a coin that has struggle now might recover in the future.
It's been the trend in the market, there is a bear market and there is a bullish market, legit project always survive so since we are in a bear market now, we have to wait until things changes to a better market which that time gives us an opportunity to sell again.

[Free1bitco.in]

Obviously altcoin will be very tortured if bitcoin really goes down that far because altcoin is now very slow to recover. Bitcoin has a big role to play in the current and future conditions of the altcoin market.

bitcoin plays an important role in the development of the price of altcoins, even altcoin is also considered good because of the support of bitcoin. so, when the price of bitcoin decreases, then 99% of the price of altcoin will decrease. this often happens, in fact, you only need to look at when the price of bitcoin goes down, so most of the altcoin prices also dump. when the price of bitcoin reaches $ 5,000, we can already guess what happened.

[jarhed]

many small alts just won't survive such a difficult market situation, so they'll just start to disappear, many alts will be very much cheaper in prices.

[AakZaki]

But the market proves that holding your altcoins is not a good idea, recently there was a decrease in the price of bitcoin and then a few days later bitcoin recovered all the value that it had lost at that time but even if altcoins recovered they did not recover fully, and we know this because the bitcoin dominance despite what happened went up, this is very clear evidence that holding altcoins for the long term will never be good for you as an investor.

I think your assumption is not entirely true, indeed when Bitcoin has increased Altcoin will decrease. but do you remember in early 2018 when BTC reached its highest price Altcoin also increased. such as ETH reaching 1300$, LTC reaching 380$, BCH reaching 4000$ and many others. so as I see in my technical analysis Altcoin is actually already in the Buy area. maybe at the moment there is still need more positive news to be able to push.

[puremage111]

From september until december, it takes 3 months and we are not at the price of $7000+-
If price actually went below $6,400, it would be real bad because it could crash even lower than $5,000
Should hit as low as $3,300-$3,600 imo

Thus, Alts/btc would get dump even more than now
You can see that in the recent crypto price movement

Alts is looking real bad because people start realising that the valuation of btc is much more firm than alts

[sovie]

That’s not a very difficult question to answer rather it has been answered so many times on different forums. If bitcoin fall to 5000$, which  is very likely to happen. Altcoins will also fall back drastically. Altcoin gold like eth, xrp, ltc will be available at flat discount, if something like that happen.

[Silberman]

But the market proves that holding your altcoins is not a good idea, recently there was a decrease in the price of bitcoin and then a few days later bitcoin recovered all the value that it had lost at that time but even if altcoins recovered they did not recover fully, and we know this because the bitcoin dominance despite what happened went up, this is very clear evidence that holding altcoins for the long term will never be good for you as an investor.

I think your assumption is not entirely true, indeed when Bitcoin has increased Altcoin will decrease. but do you remember in early 2018 when BTC reached its highest price Altcoin also increased. such as ETH reaching 1300$, LTC reaching 380$, BCH reaching 4000$ and many others. so as I see in my technical analysis Altcoin is actually already in the Buy area. maybe at the moment there is still need more positive news to be able to push.

I think some people are not really understanding my point I am not against people trading altcoins and earning money with them, what I am against is the idea that you should hold your altcoins for the long term, in my opinion you should always be ready to sell your altcoins in the case something is wrong with them and this is especially true for any altcoins outside the top 100, all of those coins that you mention are good coins but still I will never hold them because I only hold one coin and that is bitcoin.