BTC and Altcoin Price Movement

[Dangki01021991]

The current market is like that, the value of cryptocurrencies falling, many traders doubled - to increase efficiency. This can help investors make a big move or a big loss in capital 

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[Pham_Kinh_Kong]

being careful with all of your replacement transactions and making sure that the amounts backed by TA and FA studies is never redundant. Always be a wise investor and look forward to things that are good for the future.

[aomakun]

Finally, the altcoins were able to move along with Bitcoin. This used to happen in 2017. Whenever, Bitcoin used to make an upward movement. After it used to stabilize, altcoins followed the trend. Same happened this time too. The top 10 coins barring few made a movement and went up by 5-10% which is a welcoming sign for altcoins.
Profits from btc are moving to altcoins which shows that people are trusting the market back again.

Of course altcoin does tend to follow the movement of Bitcoin on average and of course the trend is very influential. And I think the rise of altcoin even though I'm still not satisfied, but this is an indication that the altseason will start and the good news is that Bitcoin is halving soon. Of course, with this everyone back to believe in the crypto market and buy a number of coins that they want.

halving bitcoin is eagerly awaited because it can have an altseason effect like 2017, hopefully this year can really be achieved for things that benefit many people because the market is long asleep and not much pump movement is high.

[Thomas-s]

It seems that now the Cryptocurrency market is starting to improve and recover, although it has not been satisfying at least there has been an increase from before and return us all to continue to believe in the cryptocurrency market.
and the increase in bitcoin has begun to increase altcoin to increase, especially the 10 best altcoins that are the mainstay of cryptocurrency users to invest and hopefully this year's cryptocurrency market will continue to increase and benefit those who have several altcoins who have waited too long to increase and we must wait patiently for further changes.

we must wait patiently but continue to monitor the projects in which we invest. there is no reason that exactly those top 10 projects that we see now will bring us big profits. Now all top projects have certain technical difficulties in their development, and if they cannot solve the problems that they have now, then competitors will defeat them very quickly.

[Raflesia]

halving bitcoin is eagerly awaited because it can have an altseason effect like 2017, hopefully this year can really be achieved for things that benefit many people because the market is long asleep and not much pump movement is high.

Is it possible that happened this year? The altcoin season has long slept like the current market so it's no wonder that many people assume this year will happen after halving.
So many prihal halving predictions and even bitcoin will touch its highest value and many even call new ATH again, so is it hard to guess whether history will repeat itself?
Difficult to prove.

[arimamib]

halving bitcoin is eagerly awaited because it can have an altseason effect like 2017, hopefully this year can really be achieved for things that benefit many people because the market is long asleep and not much pump movement is high.

Is it possible that happened this year? The altcoin season has long slept like the current market so it's no wonder that many people assume this year will happen after halving.
So many prihal halving predictions and even bitcoin will touch its highest value and many even call new ATH again, so is it hard to guess whether history will repeat itself?
Difficult to prove.

people's hopes will always be there because humans must have weaknesses and therefore there are people who depend on hope. but we cannot fully depend on expectations and must have reasons if we want to hope and do not depend fully on expectations too

[Landak]

yes when the price of crypto goes down it is an opportunity to buy and increase the amount of crypto. and at the moment I think the market is starting to get better. in recent days bitcoin has continued to increase and this has also had an impact on altcoin. most of the altcoins also experienced an increase. I think altcoin price movements always follow bitcoin. hopefully this year bitcoin can be bullish and make altcoin pumping.

Yup, that was good for now that the crypto was slowly spreading unlike that it was quick rising because it also cause frome quick dumping like what happen on the year 2017.

In 2017 the actual increase is also slowly from the lowest process, the price of altcoin which goes up quickly usually happens when bitcoin and some of the top altcoins have reached All Time High.
when bitcoin has started to go down, altcoin which is experiencing an increase in price will ultimately not last long, in the end it looks like a short rise and a rapid fall. that's probably what you see in 2017.
in 2020 it will definitely be different from the previous year, it looks like we can see all the processes will happen again. all coins slowly rise, we hope we can enjoy the process from when the lowest price to the highest price later. for traders and investors, immediately take advantage of a moment like this to get a profit.

[zenhu]

It is true that traders need to buy the bottom price
But a true trader never jumps on any cheap token dumping. You need to ascertain the type of token to buy its dip.

Some tokens get delisted and die after reaching the bottom

Dyor always

I think its depending on the type of trader. If you want to hold for long term, its really necessary to get the deepest price  in the market, But for scalper have many chance to get profit in every correction price i guess, so they are no need bottom price as long it can earn profit,
For delisted token or coin, i think its simple problem that we can handle it. Don't trade any token or coin that are more than 100 rank in coin market cap.

[naikturun]

When the value of cryptos falls, many traders double down – effectively strengthening their commitment to a course of action that is potentially risky – because the prices are so low. As with the pattern demonstrated from this short market tale, here's to how you can capture a price swing or “one large move.” By this we can conclude that we need to be careful on our alt trades and need to be sure on accumulations backed by TA and FA studies. Where are we heading is the moment of truth from this article! https://medium.com/mark-price/the-chop-c55567cb7d26

they take the opportunity when prices go down of course with the risk that maybe the price will go down again, so there will always be at stake when the market goes up or down

These worries make sense, because the graph does not indicate a big increase and if trading at this time is not a good decision. but it's not wrong either, because in a down market and almost all altcoins are cheap, this is a great opportunity to get a lot of assets and get profit. Litecoin for example, where Litecoin managed to prove a few percent increase in the last week and that is one of the reasons why staying safe playing in trading can still be utilized.

yes trading will continue to run no matter what the market conditions will continue because it is like a system that will never stop.
like the competition there will be losers and win.

[Chainsmokers]

yes when the price of crypto goes down it is an opportunity to buy and increase the amount of crypto. and at the moment I think the market is starting to get better. in recent days bitcoin has continued to increase and this has also had an impact on altcoin. most of the altcoins also experienced an increase. I think altcoin price movements always follow bitcoin. hopefully this year bitcoin can be bullish and make altcoin pumping.

Yup, that was good for now that the crypto was slowly spreading unlike that it was quick rising because it also cause frome quick dumping like what happen on the year 2017.

This is a very good sign for us before the halving happens and I think after the halving season the cryptocurreny prices will more likely rise just like what's happening now. What we are going to do is told hold a lot of different coins for now and trade during the season in which the price of the cryptocurrencies are high. Let's all earn a lot a good amount of money this year.

For now it's better for us to prepare what steps we will take next. By looking at price movements in the cryptocurrency market and then determining which coins we think have the potential or have a greater opportunity to make profits than other coins and then determine the right point to buy these coins and keep watching the price movements in the market.

[naikturun]

I think there will always be a risk in every trade, no matter the market conditions because those who buy and sell will always get a price difference, and must determine the exact point where you sell or buy.

[red4slash]

The relationship between bitcoins and subcoins is very bad. Even if Altcoin projects are intact, they cannot stand against Bitcoin. Bitcoin price sweeps the whole market. Bitcoin dominance needs to fall. Ethereum is a project that can achieve this.

I noticed one thing about altcoins. They seem to fall very flat after picking ATH. This either shows that they lack a superior technology to stand bitcoin. Bitcoin is the leading coin for now and this is why altcoin goes behind.

I still believe that there are some altcoins that have potential and also a real platform that keeps them going and growing even though the current price is not much profitable. but there are some potential altcoins, and I think that just focusing on bitcoin isn't right either because the market continues to circulate and gives potential to coins that can make people interested in buying it.

[Vishnu.Reang]

I still believe that there are some altcoins that have potential and also a real platform that keeps them going and growing even though the current price is not much profitable. but there are some potential altcoins, and I think that just focusing on bitcoin isn't right either because the market continues to circulate and gives potential to coins that can make people interested in buying it.

Users continue to focus on Bitcoin, because the alternatives have failed to give a good explanation on their usage. They can't prove that they are better than Bitcoin. And despite all the advances made in technology during all these years, the basic concept remains the same as that in Bitcoin. There are only minor differences in the technology and mining algorithm. So, why anyone should use these altcoins?

[BeManga]

The relationship between bitcoins and subcoins is very bad. Even if Altcoin projects are intact, they cannot stand against Bitcoin. Bitcoin price sweeps the whole market. Bitcoin dominance needs to fall. Ethereum is a project that can achieve this.

If you want the Bitcoin dominance to fall, then you need to create good altcoins with proper usage. Right now none of the altcoins are able to give tough competition to Bitcoin, because they are useless for any purpose other than trading. Come up with a cryptocurrency that can be used somewhere, and you will get good acceptance and adoption in the targeted sector.

i agree if they want the bitcoin dominance to fall they need to create a good coin that has a purpose
i thought that eth can achieve it before but after just a few years we realize that eth is not good as we expect
on eth network there a lot of coins with no purpose, coin that was used for scam
until now eth just making the market crowded with no purpose token that almost no value.

[wxa7115]

It seems that now the Cryptocurrency market is starting to improve and recover, although it has not been satisfying at least there has been an increase from before and return us all to continue to believe in the cryptocurrency market.
and the increase in bitcoin has begun to increase altcoin to increase, especially the 10 best altcoins that are the mainstay of cryptocurrency users to invest and hopefully this year's cryptocurrency market will continue to increase and benefit those who have several altcoins who have waited too long to increase and we must wait patiently for further changes.

I can see the recovery and while most people here in the forum and I am are happy to see it this is making me nervous, the recovery is happening too soon in my opinion, the recovery is also too abrupt, it is simply happening too fast and I'm worried that what it is going to happen is that at some point during the next days some people are going to begin to sell their coins because they already obtained what they wanted.

And then once again naive investors are going to pay for their naivete and they are going to suffer because of it and this is especially true for all of those that decided to invest in all of the altcoins that went through an enormous growth during the past hours.

[Rcoinmoon]

The pass few days has been pretty great for both bitcoin and alternative coins too, how ever I can't tell how long this trend going to last but it might just be another crypto season where we will witness another ATH of bitcoin and some other altcoins. #focus

[FLHippy]

Recent growth was amazing but we are close to the end. Current situation doesn´t look good at the graph, so there is a high chance that Bitcoin and other altcoins will fall back again to previous levels. 

[wxa7115]

Recent growth was amazing but we are close to the end. Current situation doesn´t look good at the graph, so there is a high chance that Bitcoin and other altcoins will fall back again to previous levels. 

We suffered a massive 4% drop in an hour in the price of bitcoin and many coins followed suit, the resistance level became the longest moving average and we bounced out of it so technically we are still bullish in that chart.

But in the daily chart we have been strongly rejected from that moving average indicating that we are still in a bearish trend, not only that many oscillators are indicating the price may move down next, it will be interesting what bitcoin does from now on, it could create a bull flag indicating the continuation of a positive trend but it could also just keep going down creating panic among those that let FOMO take control of themselves.

[kambaralikhan]

I think 2020 will be the year the crypto economy will recover from recession and 2021 will be the year of celebration. Because market has increased in cryptocurrency count and it's increasing day by day because new projects are launching every day so Market will take a time to stand up on it's feet and then it will make huge jumps.

[wxa7115]

I think 2020 will be the year the crypto economy will recover from recession and 2021 will be the year of celebration. Because market has increased in cryptocurrency count and it's increasing day by day because new projects are launching every day so Market will take a time to stand up on it's feet and then it will make huge jumps.

Unlike some other people I do not really have high expectations from this year, what we are most likely to see is the price of bitcoin and many alts not doing much during this year, this is going to cause a lot of people to lose hope for the market definitely as they leave the market for good.

However the year of 2021 is going to be spectacular and everything we have wanted since 2017, so you should use this year as an opportunity to get as many coins as possible because once the new bull market appears you are not going to have a chance to buy for a good price and then you should sell most of your coins when the price of bitcoin and some altcoins hits a new ATH.