Can Bitcoin and Altcoins bullish together

[Handsome Boy]

Everybody in our Crypto Community is happy that we are going in right direction with building value of Bitcoin. This is really appreciable how BTC is improving in each single day. No doubt Bitcoin deserve attention of the world due to its features in any means.

But with the bitcoin most of us also trading or Hodling altcoins together in our portfolio which is logical. Most of the time Bitcoin and Altcoin work inversely proportional i mean when bitcoin is moving upward in mean time altcoins start crashing.

But in last bull run jan 2018 we seen every thing was going to the moon. Now i want to know community opinion.

Are we going for a Bull run like 2018, Or this time Bitcoin and altcoins will unleashed separately.

in my opinion for now (2020) the price of cryptocurrency (Bitcoin and altcoin) will increase very high simultaneously, because this year is the year to make the market price recover and increase, therefore I am sure in 2020 is the right time for all of us to get a big profit by investing in cryptocurrency (Bitcoin and altcoin), because the price of altcoin will increase very high and the market will have a bull run.

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[Rafael_Carrero]

I'm not sure about most of altcoins. But I suppose that Bitcoin and Ether can be bullish at the same period. Bitcoin and Ethereum correlation is at nearly 90%.

[Davian144]

The fact here is no one knows what will happen or  how the market will turn out tomorrow, let's just enjoy this moment and relax, if you are good at trading keep making that profit because nothing is certain in this space

That's right, and what you say is that I think everyone already knows, especially at this time many traders have begun to be active in the market to take advantage of the moment and seek daily profits through their trading.

[shoreno]

I'm not sure about most of altcoins. But I suppose that Bitcoin and Ether can be bullish at the same period. Bitcoin and Ethereum correlation is at nearly 90%.

oh maybe your only hodling eth and btc at the moment , thats why you arent aware of other coins value but that is alright because your chose was perfect . eth and btc are the most important coin on the crypto market . anyways , other altcoins are actually rising too . i dont hodl other alts but i stayed up to date with thier prices because i often use alts to gamble   . other alts are now also on their bullish mode   because eth is on bull mode too  but if eth didnt pump im sure other alts wont follow too  .

[fib123]

firstly we are not going to the moon yet. Neither Bitcoin nor Altcoins is going to fly up with all their strength. Now, this is just a period when the market attracts attention. I am sure that we are still waiting for a small correction. but when there will be a bullish run of the whole market, I think that bitcoin and altcoins will grow separately from each other.

Here is very strong chances for a aggressive market rotation in near future, secondly i am not qouting that we are going for a bull run instantly but i was thinking about that, why not should be happen that we can see a positive attitude of market Altcoins along with bitcoin.

[fib123]

if bitcoin enters a bullish trend again like in 2018 altcoin and bitcoin will rise together because altcoin prices will to follow bitcoin prices, so in 2019 if bitcoin prices go up altcoin will go up too

i am also thinking about is it should be happen for now in this coming bullish market that we gather the profit form both ways, one more thing that this is obviously that if bitcoins goes up in usd it means definitely that altcoins prices goes also up in usd it not what i meant, i am hopping we need real bullish trend in btc prices of alt market.

[sayaya17]

Nowadays bitcoin is being the center of attention because its value is rising and continues to rise with a slight corrections, so that the situation is good as now makes the altcoins become green all. Yes this gives an opportunity for altcoins to improve their value. Just enjoy the situation now and wait until it is really bullish either for the altcoin or Bitcoin.

[Republikcoin.com]

Can Bitcoin and Altcoins bullish together

In most cases it does. When Bitcon goes up also altcoins goes up. In USD and many times also in BTC price.  IT all depends on which part of Bitcoin crycle we are. if in bear trend then not if in bull trend then for sure.

most of the increase in bitcoin also affects altcoin, but that can have a big effect and not. however, the rise in bitcoin prices that occurred in 2019 proves that bitcoin can also dominate higher rises than altcoin, only now I feel that bitcoin and altcoin will rise simultaneously. that also happened in a year other than 2019.

[TWW]

Can Bitcoin and Altcoins bullish together

In most cases it does. When Bitcon goes up also altcoins goes up. In USD and many times also in BTC price.  IT all depends on which part of Bitcoin crycle we are. if in bear trend then not if in bull trend then for sure.

most of the increase in bitcoin also affects altcoin, but that can have a big effect and not. however, the rise in bitcoin prices that occurred in 2019 proves that bitcoin can also dominate higher rises than altcoin, only now I feel that bitcoin and altcoin will rise simultaneously. that also happened in a year other than 2019.

it all depends on how the higher demand dominates. the bitcoin situation in 2019 made me surprised and panicked because I think altcoin can grow with the pump that occurs in bitcoin. but the only bitcoin dominates the market. this year is different because growth occurs almost simultaneously between bitcoin and altcoin. it shows a stronger market. but a few hours ago we saw how correction happened to bitcoin and this had an impact on altcoin.

[pandanaran]

I think bitcoin and some of the other top altcoins still have a big chance to continue to grow and raise the price again. the fact that bitcoin and altcoin complement each other, even though they are different but still have great hopes to be able to grow in the future. and the problem of certainty depends on time, because only time can answer all of this.

[qazgroup]

Obviously they can just like they have ride the bears together in last 2 years or so and i think good alts will see massive bulls just like they have seen massive bears from last couple years. I agree that for both btc and alts to be bullish together there should be influx of new money and volume in the market and that can come from turbulent economic and political situation of the world.

[btcdie]

During this time the movement of bitcoin also dominates altcoin as well, the two are interrelated. Bitcoin halving will start soon, and this moment might be exploited by investors, namely making HYIP on altcoin and if it is right in time (bitcoin halving) discards altcoin for bitcoin to get more profit, in my opinion this is the cycle. and also lately it seems that it is indeed more profitable to buy the highest altcoin than bitcoin, the percentage jump is higher for alt, which is quite surprising. it's just that I think maybe alt at a certain point will later fall.

[DabsPoorVersion]

It could be the same as we have last bull run,

As we can observe for the current state of the market previously, when the price of bitcoin suddenly increased, most of the altcoins also increased. It is clearly shown that altcoins (not all but most of it) are following the price movement of bitcoin.

But we cannot be so sure about that, this might still changed when the next actual bull run will come, they might also move their prices separately, no one know.

[dentolas]

It is undoubtedly a difficult crossroad... lately we have seen the whole crypto market rising proportionaly, and it makes sense as adoption will not be BTC alone... but historically when the altcoins grow, BTC lowers because money flows from one to the other... unless nowadays money is comming from outside   ...

[hahay]

I think it only takes slower time for altcoins because when bitcoin goes up it's very possible that those who hold altcoins switch to bitcoin to get better profits and after that we will get altcoins to get good profits as well at the end, together it's possible as we know that when bitcoin increases, altcoins will slowly pump up too, but still there will be a time difference.

[abeecrypto]

There is no bull run yet. And which of the altcoins do you refer to? Nobody really knows how bitcoin and altcoins would move in relation to each other.  Right now, they move in a virtually similar fashion. Especially with the main altcoins. But there is a great possibility that they would move in a separate direction in the future. It depends on the developments on those altcoins.

[pixie85]

altcoins follow the bitcoin in the bull marker if btc goes up then alts will show the positive movement as well. but this may there is big crypto event ahead which is bitcoin halving and i think that people will gather more btc by dumping their alts

They follow each other in both bull and bear. The difference is that in bull altcoins tend to lag behind bitcoin and in bear market they get closerto it or even percede it with dumps. Also in bear market altcoins become more volatile and take bigger hits and in bull they pump more percentage-wise.

I don't think this time something will be different.

[bgaf]

Most of the time Bitcoin and Altcoin work inversely proportional i mean when bitcoin is moving upward in mean time altcoins start crashing.

This isnt always the case I think. Most of the time bitcoin pumps and some of the altcoins pumps too. Inversely proportional is something like one should be doing great and the other should be li low. No I dont think market works like that. It works on unexpected pattern that we dont imagined happening.

I think it only takes slower time for altcoins because when bitcoin goes up it's very possible that those who hold altcoins switch to bitcoin to get better profits and after that we will get altcoins to get good profits as well at the end.

Those holders of altcoin are simply buying bitcoin only if the time has surely comes. But if your a bounty hunter, what you need to do is dump those free tokens im return of bitcoin and major coins. Nothing good happening in holding new projects, they can pump but with only certain manipulation and hype not natural market demands.

[hamba laeh]

Everybody in our Crypto Community is happy that we are going in right direction with building value of Bitcoin. This is really appreciable how BTC is improving in each single day. No doubt Bitcoin deserve attention of the world due to its features in any means.

But with the bitcoin most of us also trading or Hodling altcoins together in our portfolio which is logical. Most of the time Bitcoin and Altcoin work inversely proportional i mean when bitcoin is moving upward in mean time altcoins start crashing.

But in last bull run jan 2018 we seen every thing was going to the moon. Now i want to know community opinion.

Are we going for a Bull run like 2018, Or this time Bitcoin and altcoins will unleashed separately.

everything can happen here. cryptocurency is very difficult to predict by anyone in the short term. many people can only speculate about the price of Bitcoin and Altcoin. in 2018 ago no one was able to predict that Bitcoin and Altcoin moved up together. and some time ago the price of Bitcoin went up while ALtcoin was still down. but my opinion is that Bitcoin and Altcoin will not go up simultaneously in the near future.

[MikeyVeez]

It depends if cryptocurrencies satisfy the community again and the hype bring trust. In 2017 nobody was afraid that system collapse but now when the price is low everybody is afraid that crypto doesn't have a future.