BTC&ALTS price direct proportional?

[DimitrisLodirogas]

Teach me some crypto history. Did alts price rise in the past when BTC was rising or are there any other patterns showing up?
Everybody's talking about altseason but i'm not sure if i understand the term correctly.
Which tools do you use to track you coins?
Thank you!

[carlfebz2]

Teach me some crypto history. Did alts price rise in the past when BTC was rising or are there any other patterns showing up?
Everybody's talking about altseason but i'm not sure if i understand the term correctly.
Which tools do you use to track you coins?
Thank you!

Theres no specific patterns on how Bitcoin and alts do move when it comes to its price.We have seen they can possibly correlates and also they can go
opposite directions to each other.Lets put an example on the current condition where btc plummets its price but alts price didnt have any significant increase
which means the money is coming out to fiat.There were times that both btc and alts goes up and there are times where btc is down then alts do pump
but you should not rely into these scenarios because anything can happen.

[sunsilk]

[1]Teach me some crypto history. Did alts price rise in the past when BTC was rising or are there any other patterns showing up?
Everybody's talking about altseason but i'm not sure if i understand the term correctly.
[2]Which tools do you use to track you coins?
Thank you!

[1] Yes. However, there is no certain pattern if alts will rise together with bitcoin. But if you will recall the end year of 2017, most of the alts rose as bitcoin's price rose as well. Everybody talks about it because we have been through a long bear market so everyone's assumption is we are about to see the rise.

[2] Ledger Live allows me to track all of my coins in USD value. I usually visit CMC quickly too.

[DeepChipolino]

I think market cycles are worth mentioning. These cycles are driven by halving. Around the same time, a long BTC uptrend begins. After some time, the growth of many altcoins begins. That was two times. It can start again in a year, since the halving is expected in the first half of 2020. On the other hand, the conditions are changing, and the cryptocurrency market may behave differently in the future.

I usually use CMC. But if I need to check a specific asset, I look at the exchanges where this asset is listed.

[kidbounty]

there is no definite pattern, because everything looks faint. but the main factor of all is the pump. It doesn't matter if the bitcoin or altcoin are pumped first, eventually everything will go up. You can see the chart a few years ago, surely you will understand what I mean.

[ReiMomo]

Teach me some crypto history. Did alts price rise in the past when BTC was rising or are there any other patterns showing up?
Everybody's talking about altseason but i'm not sure if i understand the term correctly.
Which tools do you use to track you coins?
Thank you!

Use this site to track your coin's price movement history. https://coinmarketcap.com/
At this moment altcoins were following on bitcoin movement and that is commonly happening.
But I don't understand you are mean by altcoin season.

Or using an app for monitoring your coins, I used this. "Blockfolio"

[BigBoy89]

Teach me some crypto history. Did alts price rise in the past when BTC was rising or are there any other patterns showing up?
Everybody's talking about altseason but i'm not sure if i understand the term correctly.
Which tools do you use to track you coins?
Thank you!

You can check what is and what was the BTC dominance over the different bullish/bearish periods and made some correlations:

https://coinmarketcap.com/charts/#dominance-percentage

IMO BTC domination is moving on slow swings and I'm using it with 'a little' success to gain BTC value. Please don't mistake it with USD profits.

[styca]

Teach me some crypto history. Did alts price rise in the past when BTC was rising or are there any other patterns showing up?
Everybody's talking about altseason but i'm not sure if i understand the term correctly.
Which tools do you use to track you coins?
Thank you!

There's no hard and fast rule that always applies. However it is quite often the case that a big rise in Bitcoin price is then followed by a big rise in altcoin price. Not always, just quite often. As to why this happens, I think the main reasons are that a) Bitcoin is the usual gateway from fiat, and b) Bitcoin is by far the biggest coin in terms of total market capitalisation (price of 1 coin multiplied by the number of coins).

For point a), an example is new money coming in. If you have US dollars or some other fiat currency, and you want to buy some crypto, chances are you'll buy Bitcoin. Some other coins can be bought directly with $, such as Ethereum, but generally Bitcoin is the way in. This means more people wanting to buy Bitcoin, which causes buy pressure (demand from buyers is more than the supply available from sellers), which pushes the price up, whilst altcoins will remain unchanged. This is often what happens with an early bull market caused by new money coming into crypto. Bitcoin is the gateway, and Bitcoin price rises.

For point b), I mean that because Bitcoin is so much bigger than any altcoin, it sort of forces point 'a'. Mainstream news about crypto tend to focus on Bitcoin. 'Bitcoin was worth $X and is now worth $Y', etc. I'm sure you've seen the headlines from time to time. Bitcoin becomes bigger because it is already the biggest.

... so what happens after this? As Bitcoin rises and altcoins stay relatively stable, or alts increase by a smaller amount, the gap between Bitcoin and alts increases. Alts start to look underpriced. If one Bitcoin used to buy you 100 Ethereum, but it now buys you 1000 Ethereum, then Ethereum starts to look like a bargain - irrespective of the dollar price - and this causes buy pressure on alts, and alts then rise in price. The increasing gap causes alts to look cheap, and this is I think what causes 'alt season'.

Purely guesses and personal opinion though. Nothing in crypto is certain

[Darooghe]

Actually i think alts are traded with BTC, not USD. So when BTC goes down in USD, alt traders dump their alts and that makes alt go down in btc which itself is going down in USD. So when you look at alt prices in USD on coinmarketcap for example you will see alts go down more than BTC.

Also, a lot of trading is done with bitcoin pairs. So as bitcoin rises, the coin to bitcoin ratio seems to stay the same. However, when alt coins are pumping, the demand for bitcoin is falling, while the demand for alts is rising, essentially throwing off that balance in favor of the alts. Or at least that is what I've noticed during the alt coin cycles, but this would make sense except that when altcoins are crashing, because the demand for BTC doesn't rise inversely, it seems to tank right behind the altcoins.

[Doell]

easy to read but difficult to understand only guesses when conditions are in trend but all that must be based on checking charts that will link to the past ,I think altcoin season is only when bitcoin falls and it's a chance for altcoin to run later when bitcoin finds a gap and run too the result altcoin has benefited at the time of the condition but it doesn't always exist mate situation can change drastically ,so it's not included in the season just take advantage of market crypto condition

[nelson4lov]

Teach me some crypto history. Did alts price rise in the past when BTC was rising or are there any other patterns showing up?
Everybody's talking about altseason but i'm not sure if i understand the term correctly.
Which tools do you use to track you coins?
Thank you!

It's been proven that Bitcoin and Altcoins pricesare widely correlated. But not the way you would be expecting. You might be wondering why I said so. The thing is Altcoin growth has been unpredictable. By this, I mean They are quite spontaneous (-- to a level though) For instance, When Bitcoin starts rallying, Altcoins are usually going the opposite direction. And when bitcoin is going downhill, Altcoins prices tanks as well. The only time that altcoins catch their breath and retrace is when bitcoin is in a range and hovering over specific price areas

[biddicoin]

Teach me some crypto history. Did alts price rise in the past when BTC was rising or are there any other patterns showing up?

generally, in this bull market, bitcoin and altcoin have positive correlation between them. it means if bitcoin increase altcoin increase too
Navigating the Correlation Between Bitcoin & Altcoins for the Current Bull Market

Everybody's talking about altseason but i'm not sure if i understand the term correctly.

In my simple term, altseason happens when many altcoins pump hard more than 50%

Which tools do you use to track you coins?

coinmarketcap, cryptoXscreener

[royalfestus]

The interesting thing about today's pump in bear market is the height of pump in short time . It doesnt look bearish to me but it is very difficult predict. I dont expect the coin to get up to same price after so long time with stability around $8-$9.

[Kemarit]

Teach me some crypto history. Did alts price rise in the past when BTC was rising or are there any other patterns showing up?
Everybody's talking about altseason but i'm not sure if i understand the term correctly.
Which tools do you use to track you coins?
Thank you!

We can say that they have correlation but it's hard to prove since market is very unstable and volatile, usually it's like:

When Bitcoin is up, Alts goes down - because altcoin investors are moving into Bitcoin
When Alt is up, Bitcoin goes down - because Bitcoin investors are shifting to altcoins
Both are up - investors are pouring their money on both market
Both are down - selling pressure

Alt season is not yet here, we do see some occasional pumps here and there, but that's nothing as compare to a bull run. I don't use specific tools to track my coins, I'm an old school trader/investor, I just check everything like once or twice a day so see how my portfolio is doing and then trade some if I feel like it.

[dimonstration]

The interesting thing is the sign of today's pump to bear market. It doesnt look bearish to me but it is very difficult predict. I dont expect the coin to get up to same price after so long time with stability around $8-$9.

Things went too fast, all of a sudden it's a bull run, We just hope it's not merely a manipulation that will last a day. From bear this weekdays to bull this weekend, a very happy weekend to everyone who buy when many doubts it will continuous to being bearing, glad I was able to buy some this weekday. Indeed when BTC pumps, Alts follow but some times in different we can't really tell yet for now since its been only a day who knows we're in trick and treat.

[crossabdd]

Before the high rise at the end of 2017, there were many phenomena about crypto movements and patterns. one of them is the altcoin session. the intention is to increase most of altcoin after bitcoin pumps and is stable above. then altcoin followed it. that's the purpose of the altcoin session. and today bitcoin is making a pump. I hope he is stable and altcoin will follow him again. Bitcoin history is making pumps after halving.

[adroitful_one]

In theory, the more money in the total crypto market cap the more every coin will rise. That's the reason we saw alts hit their all time highs along with Bitcoin back in 2017. It's just a byproduct of more money coming in to the market to invest with. More people investing equals a higher price. This is not always true with every coin though. Sometimes a coin will jump up a good 20-30% and Bitcoin will never move. But, during a big bull market, they all should generally move right along with Bitcoins price.

[cribusen]

Everybody's talking about altseason but i'm not sure if i understand the term correctly.

Altseason has still not arrived. Even right now, when BTC raised by 25-30 percent within 24 hours, altcoins added slightly more than 10 percent. We are all waiting for the moment, when BTC dominance would fall below 50 percent.

[o48o]

Teach me some crypto history. Did alts price rise in the past when BTC was rising or are there any other patterns showing up?
Everybody's talking about altseason but i'm not sure if i understand the term correctly.
Which tools do you use to track you coins?
Thank you!

To me altseason has always meant the time when you can make more btc investing to altcoins (not just more dollars), or when the btc dominance is lowering. And the near peak of the altcoinseason would be when people start to speculate seriously about flippening again (meaning that something other then bitcoin getting the top marketcap position). But this is just my take on it.

To the last question: I am using tradingview for ta and coimarketcap or alternatives for quick price tracking. and https://delta.app/ for tracking personal portfolios.

[NathanJB]

There is no direct proportion. But there are a few patterns. There are times when Bitcoin pumps also mean altcoin pumps. But that is not always the case as there are also times when altcoins will bleed when Bitcoin rallies. There are times when altcoins go bullish while Bitcoin is falling hard but there are also times when the altcoins are all brought down along with Bitcoin. There are also times when altcoins and Bitcoin are moving in their own ways. All these means they are hard to catch.