Altcoins to go crazy again once Bitcoin reaches 20k?

[boltz]

Lets hope they will but until then we have to wait a little longer for Bitcoin to reach 20k$ or over as the halv is in some months and the full bull run can being in 1 year from now if its gonna repeat the 2016 year. If this will happen just like 2016 when we will see a full run of altcoins only in 2021 and in 2020 its gonna be the dex year as I'm sure its time for the volume to switch sides. Be ready , grab altcoins for long term and make your major investment into Bitcoin.

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[mich]

We can only hope this to be the the case since it was like this in the past
When BITCOIN spikes then the ALTs tend to follow
But it might take us a long while before BITCOIN reaches a price of 20k

[gabmen]

We can only hope this to be the the case since it was like this in the past
When BITCOIN spikes then the ALTs tend to follow
But it might take us a long while before BITCOIN reaches a price of 20k

Well if you base it from what happened last 2017, then yeah, major alts like eth can make a big run. In a way, people's confidence in bitcoin reflects on their confidence in crypto. So more people again will become interested with alternatives. When btc dropped drastically, i think people lost trust in crypto generally. But we're likely seeing a swing in perspective this year with many coins slowly bouncing back.

[longyenthanh]

We can only hope this to be the the case since it was like this in the past
When BITCOIN spikes then the ALTs tend to follow
But it might take us a long while before BITCOIN reaches a price of 20k

The season for altas will definitely come, but I'm not sure when it will happen exactly, I mean, I'm not sure if it will happen before the new ATH for the BTC price or after.
I think it will not be exactly when the BTC exceeds the price of $20k. In my opinion most probably option is that prices of alts will start growing earlier, and in the moment of new ATH on BTC everyone will move funds from alts to catch the Bitcoin train..

[Iyeman]

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

Yes, I read a lot of analytics on the neironix.io and there people write that now altcoins are greatly oversold, especially in relation to bitcoin, so I think that it’s real, when bitcoin grows to 20,000, the transition from bitcoin to top altcoins will begin and then we will see a new season of altcoins.

That doesn't seem to be an accurate prediction for me. Altcoin is not yet reaching the oversold area. Altcoin still stuck at this level since a long time ago and altcoin never moves outside from this area.
When bitcoin grows into the 20k and there will be no guarantee if altcoin will be losing its value in bitcoin term too.
Bitcoin is still dominating the market dude and you should not forget it.

[pageraji]

this might happen altcoin will get its position back, but it will not be the same as in 2017 where almost all altcoins have increased, I predict only the top altcoin will increase and for shit coins many will die when bitcoin touches the price of $ 20k again.
be careful investing in altcoin which is used only for pumps and dumps because you can get trapped and lose money.

Shitcoin will even die before bitcoin reaches $ 20k because before this milestone, bitcoin needs too much capital to go up, which leads to heavy bleeding altcoins, especially shitcoin when the value and support for these projects is too low. The altcoin top will probably increase as you say but I agree that this increase will not be too high because this is not 2017, the altcoin top right now is very passive, regardless of the recovery of bitcoin, altcoin top is still moving at a very low level, cannot be appreciated

Yes for sure, this time we got a lot of coin/token, when this coin/token have real product or use case i think its gonna survive when bitcoin rise or dump session.

[NathanJB]

this might happen altcoin will get its position back, but it will not be the same as in 2017 where almost all altcoins have increased, I predict only the top altcoin will increase and for shit coins many will die when bitcoin touches the price of $ 20k again.
be careful investing in altcoin which is used only for pumps and dumps because you can get trapped and lose money.

Shitcoin will even die before bitcoin reaches $ 20k because before this milestone, bitcoin needs too much capital to go up, which leads to heavy bleeding altcoins, especially shitcoin when the value and support for these projects is too low. The altcoin top will probably increase as you say but I agree that this increase will not be too high because this is not 2017, the altcoin top right now is very passive, regardless of the recovery of bitcoin, altcoin top is still moving at a very low level, cannot be appreciated

Yes for sure, this time we got a lot of coin/token, when this coin/token have real product or use case i think its gonna survive when bitcoin rise or dump session.

That is not a guarantee though. A coin having a use case with their real product is not saying it will reach its intended population. Neither does it mean that it is necessary in real life. There are so many projects with real products and use case that still ended up buried among thousands of projects because the products are far from necessary in real life. Even with Bitcoin not pumping hard, many projects succumbed to less demand from the people.

[binhvo1505]

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

I think it happened before it increased more than $ 20k. Because you can see, the momentum of the top alts is doing very well and is reducing Bitcoin Dominance.
This is an indication that the speculators are leaning towards the alts more. Alts' market share will be regained earlier, it will increase more strongly than bitcoin. trust me. The chart never lies.

[Pelunize12]

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

I think it happened before it increased more than $ 20k. Because you can see, the momentum of the top alts is doing very well and is reducing Bitcoin Dominance.
This is an indication that the speculators are leaning towards the alts more. Alts' market share will be regained earlier, it will increase more strongly than bitcoin. trust me. The chart never lies.

No, altcoin isnt doing well compared with bitcoin
altcoin dominance increase just because btc price down itself, not because altcoin price increase
see this, altcoins are stuck on low prices


This dominance shows that top altcoins price are stuck too, even tend to down

[sirminesalot]

the possibility of that happening is indeed very large. but it depends on how trade trends occur. if all that happened and pumping bitcoin in a quick time, I don't think it would make altcoin follow suit. As happened this year, there was no big increase in Altcoin. even some have not changed because of the bitcoin pump because of the very high bitcoin dominance. so chances are what you say can happen when bitcoin grows with a market that also supports to form a stronger price and is not easy to experience correction.

all possibilities can happen and no one can know with certainty its development if it does experience an increase expected by investors to be realized and investors who have patience and confidence in investing will get results and we as investors must be clever in utilizing every opportunity we will get in investment

[noninum]

Of course the Altcoin season will occur if the price of Bitcoin reaches 20k, But that did not happen this year because I saw no signs that a pump would occur on Bitcoin, there was only a small pump when the Chinese president said he would adopt Blockchain technology. Maybe we should wait for the moment Halving Bitcoin later.

[shodik007]

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

the dependence of altcoin on bitcoin is huge, so I will not hesitate because the most important point here is that the price of bitcoin can reach the highest price to make altcoin go crazy, 20k is even more than enough

[davinchi]

It is possible, but BTC reaching 20k again is very far from now.
Right now it has to recover from the severe downfall it has faced lately once that happens, than maybe we are looking at something decent.

We may think that it will be far based on the lingered expectation that we have had and may really not be far, anything could arrive now to surge the value of bitcoin as it happened in April this year will surge the value from something around $4k plus to over $13800 or have we forgotten that bitcoin once reached $13800 within a very short space of time?

The only thing that is making me skeptical about us growing further if we reach that $20k is because I feel that many people would want to pull out their investment and thereby making the value of bitcoin to crash again, and this will surely come from those people that has had investment tied down in the last bitcoin investment they did in year 2017 during the last all time high which they are waiting eagerly to pull out.

[BigBos]

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

the dependence of altcoin on bitcoin is huge, so I will not hesitate because the most important point here is that the price of bitcoin can reach the highest price to make altcoin go crazy, 20k is even more than enough

most likely we will see the price of the pump altcoin with the price of bitcoin. we know that the high price of bitcoin will have an effect on certain coins. although not 100%, there will be altcoins affected because of the increase, especially top altcoin. Moreover, when the price of Ethereum is also affected, I think that all altcoins that have a platform from ethereum that are still being developed will get a big effect. Even in July 2019 when the price of bitcoin rose at its highest price this year, the price of ethereum also reached a price of $ 350, and made other altcoin prices rise.

[Omega Weapon]

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

Yes, I read a lot of analytics on the neironix.io and there people write that now altcoins are greatly oversold, especially in relation to bitcoin, so I think that it’s real, when bitcoin grows to 20,000, the transition from bitcoin to top altcoins will begin and then we will see a new season of altcoins.

Even if I agree that altcoins are oversold we must be careful, remember that the markets are driven by the emotions of traders so there is a tendency for the markets to be irrational, just because altcoins are oversold it does not mean we will see them going up soon, if anything investors could panic and drive their prices even lower, instead of looking at the market sentiment just look at what the price is doing and when altcoins recover some of their losses then you can invest in them.

[rincoeng1986]

Does not rule out the possibility if bitcoin will rise to the high price level then alcoin will also follow the price increase because it is likely that all fiat currencies will flow evenly to all altcoins on the exchange market, but usually this happens due to a wave of adoption in cryptocurrency and usually increases altcoin will occur if there are a lot of altcoin/Btc pair sales, and this causes money to flow to Altcoins through BTC sales, resulting in a significant altcoin increase along with btc.

[cribusen]

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

Everything is possible, but in my opinion if BTC would reach 20k USD per coin, altcoins will fall even deeper. When BTC rose from 3 to 10k USD, the dominance only increased and altcoins did not make even x2 science the beginning of 2019.

[tabas]

Everything is possible, but in my opinion if BTC would reach 20k USD per coin, altcoins will fall even deeper. When BTC rose from 3 to 10k USD, the dominance only increased and altcoins did not make even x2 science the beginning of 2019.

I've also noticed that but you can't also ignore the fact that many altcoins like ethereum moved up from the bottom. Just like on how we saw it when it's $79 and then moved up to a better price. Not all of them didn't make a x2 but there were coins that actually increased more than twice.
As of now, Eth made more than a x2.

[sulis sudibyo]

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

It's possible, but it won't be the same as 2017. Only a few altcoins will follow the bitcoin uptrend. when bitcoin is pumped later, altcoin will slowly rise. but for altcoin shit, I think it will still be dumped, even though the market is bull run. no need to wait until 20K, to see the market bull run. Because before the BTC reached 20k the market had started to run bull, I'm sure of it.

[Sonu_titu]

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

Yes, that is what is the prediction right now because the past records speak so. But, this market is volatile and unpredictable. Do not blindly go with anyone's prediction but, if you really feel so then you invest. Apply your strategy and trust on your analysis.