BTC&ALTS price direct proportional?

[19Nov16]

Bitcoin is the biggest factor that influences the price of altcoins so it's natural that the price is always proportional, I hope there are coins that can compete with bitcoin so that it can reduce the dominance of bitcoin.

[CjMapope]

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!

Sadly alot of the crypto history you just had to be here to watch it unfold
i wish someone would write some books about it all haha, im sure one day they will
Altseason is usually after summer, alts rise thru snow seasons, and fall in the spring as people cash out their yearly earnings

I use livecoinwatch to track my coins, its awesome, check it out

[Karto]

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!

why should we yeach you crypto history, while you can teach yourself by analyzing the graph on coinmarketcap
you have the history there , and can make your own analysis and conclusions
i use onchainfx and my exchange to track my coins

its probably good time to invest in alt coins because most of the are in a huge dip
the pattern you can see here is BTC squeezing the blood from alts and have almost 70% of domination, there is no much more to squeeze

[binhvo1505]

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!

Yes, it is so. Because all alts are paired with Bitcoin, when the price of bitcoin increases, so does the alts. but it is not always equal. Sometimes traders sell alts to buy bitcoin and make a difference. That's what I understand and want to convey back to you, hope it helps you.
I am currently using the Tabtrader App, you can easily track prices on your phone.

[sikke]

Absolutely not.

It can only be said in general terms that bitcoin's movements are somewhat replicated by alts. Beyond that there isn't really much evidence to suggest that the relationship is linear or anything of that sort.

What we're seeing is probably the opposite of alt season right now. Bitcoin dominance is continuing to increase while alts are slipping in terms of market share, which is probably a needed correction from the amount of hype ICOs used to receive that was completely irrational.

[tinyteapot]

There is no special pattern for this analysis, altcoin value increases when btc price rise regardless of the actual trading value in satoshi.

50 satoshi at  $ 10,000 btc value will increase in usd value when btc hits  $ 20k.

That is the logic behind it.

[royalfestus]

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.

The altcoin speculation this year has not come as expected, analyst on altcoins had gone out of job we only wait for bitcoin to get over the previous ATH. Even exchanges that went as far as getting them IEO to get listed had struggled to keep them above the IEO price, maybe no one is pumping and everyone had concluded that bitcoin is irreplaceable and indomitable. It is now difficult to sell at an average of -95% loss, so we just have to wait if they are not scam.

[Red-Apple]

to find the answer to your question you should first ask why people buy altcoins? the answer is for almost all cases is to increase the amount of bitcoin they have. that is why when asked "what is the way to earn bitcoin" everyone suggests trading altcoins.

this means that in the end everyone is only interested in bitcoin and will always come back to it. this is also provable by looking at the market during bitcoin fluctuations.
in practice whenever bitcoin price is stable, that means traders can no longer make that huge profit they wish for from trading bitcoin so they move to altcoins and pump and dump them to make profit while bitcoin stays stable.
so as soon as bitcoin stopped being stable and moved up or down, they all dump their altcoins and move their funds back to bitcoin market.

and that is the correlation between bitcoin price and altcoin prices:
bitcoin up or down = altcoins down
bitcoin stable = altcoins pump

[Ailmand]

There is no specific pattern I guess. Just observe how the market goes, when bitcoin price starts pumping, altcoin price drops. This is because people sell their alts to take advantage of the bitcoin price hype. When the bitcoin price stabilizes people buy back some of their altcoins.

[zeze18]

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!

I also didn't understand what is altseason, i have 2 years experience in cryptocurrency and as i know alts have different time when the price up. All alts price going up only if btc price going up because of the pair is up. So i think altseason is not exist because alts is so many and have different time to price up.
And I'm using blockfolio to track my coins, great apps

[alisonwonder]

no one can know the movement of bitcoin prices because everything just happens nobody can predict when prices can go up it's just a little people can know the movements of rising and falling prices of bitcoin, you can remember when prices fall then one day prices will rise again, so only that is all that can be predicted by the people.

[o48o]

I also didn't understand what is altseason, i have 2 years experience in cryptocurrency and as i know alts have different time when the price up. All alts price going up only if btc price going up because of the pair is up. So i think altseason is not exist because alts is so many and have different time to price up.
And I'm using blockfolio to track my coins, great apps

Depending on where you got in exactly, you have only experienced the bear markets on alts. Altseason is when you are making more money with almost any high marketcap alts investments then with your bitcoin. And from the experience i will say that you will experience that too sooner or later. Probably later though, but naturally there will be alts in the altseason too that are not included in the bullmarket, but LOT of them are in the green at the same period of time for a longer timeframes then you have experienced in last 2 years.

[Pelunize12]

it must be clear about what time frame we use, because different time frame will be different result too.
you can see at the binance research, it gives the clear research about what you asking for :


sc Binance research

[tenakha]

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!

Take a look at this: https://coinmarketcap.com/historical/20180107/

You can read about altcoin season here: https://coinmixed.eu/altcoin-season/

Check out coinmarketcap to track the coins.

[Beparanf]

No the price between bitcoin and alts is not directly proportional, it depends if people buy and invest on, but what happen at the end of 2017 was something that not happen before, and price grow for all crypto coins. You can monitor price with some app or directly on browser with cmc.

2017 been the basis of others that if BTC arises , alts will do too. While it is correct sometimes since some alts also gain momentum when BTC increases but it differs as prices depends on what alt and what development or hype that specific project will create. Reading graphs and news really helps since some holders just buy or do trading when the price is commonly high to sell it and buy other alts, while other just simply convert it to fiat.

[Nivia1st]

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!

according to my experience while being here. bitcoin is a trigger for big pumps. Before altcoin was as popular as it is today, there was no term altcoin season or whatever. so I don't really agree with this term actually. but despite all that, what I know is bitcoin and altcoin are not always directly proportional. just like now when bitcoin has increased, altcoin has no positive impact. but it's the only thing that will definitely be a time when everything rises. so it doesn't matter if bitcoin or altcoin go up first, because in the end it will trigger a pump for the crypto market.

[Patrix_1]

When we were on a bull market, BTC rose, altcoins fall and reversed. On a bearish market the same thing was happening till 2017. After the bullrun BTC is the only king and the only supported crypto asset by big investors.

[Taskford]

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!

according to my experience while being here. bitcoin is a trigger for big pumps. Before altcoin was as popular as it is today, there was no term altcoin season or whatever. so I don't really agree with this term actually. but despite all that, what I know is bitcoin and altcoin are not always directly proportional. just like now when bitcoin has increased, altcoin has no positive impact. but it's the only thing that will definitely be a time when everything rises. so it doesn't matter if bitcoin or altcoin go up first, because in the end it will trigger a pump for the crypto market.

I came to think that also since I wonder how people call the alt season where we don't know if there's really is and when it comes and the reality there is when Bitcoin pumps the altcoin also pump up since  bitcoins create a massive effect with all crypto, and actually we can see the proof for the rise on history chart.

And the one bothering me really today is the question that what would really happen on year 2020 does Bitcoin will go up or go down.

[Ridwan Fauzi]

Give your time to learn about trading if you have an interest to predict your altcoin. There are a lot of strategy which I can say it is a tool to predict it, weather it is technical analyst or fundamental analyst, you can use them according to your need.

But for me, I use both of tool depend on my strategy such as if choose long term investment then I'll choose fundamental analyst as a tool but when I choose shorr term investment then I'll choose technical analyst to predict it. Perhaps it can help you, although there is not tool which can be accurate but at least you have a knowledge.

[ajiz138]

Altseason will come but who knows when, need to analyze and read the history of bitcoin and altseason before. Which is a sign of the coming of the altseason is the dominance of the weakening bitcoin. When bitcoin dominance goes down then it's time for altcoin recovery prices and rises to a few percent. But for now altcoin is still at risk and bitcoin prices have not been stable.