Can Bitcoin and Altcoins bullish together

[BlackFor3st]

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.

If bull season will happen this year 2020 then there is a big chance that what happened last 2017-2018 will also happen this coming bull season. We cannot deny that most of the altcoins are very dependent to the price of bitcoin because once the bitcoin will goes up the altcoins will also follow while there are other altcoins also that will decrease.

It is pretty difficult for them to separately unleash as what I notice because once the bull season will occur the market will be crowded and the investors will be divided also, other will support bitcoin and other will support altcoins therefore in bull season both of them will likely to increase because of the wide demand.

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[harryrush]

Bad idea! The remain coins bullish too, all crypto will be inflationary and lose their value.

[coin_1122]

Obviously yes, they are moving the same pattern and we know altcoins always follow the movement of bitcoin.

Therefore, if bitcoin will be bullish there is no doubt that altcoins will be bullish as well, however in some instance it does not happen right away but in overall we can see that altcoins are bullish when bitcoin is bullish, good example is the year 2017 where we were in a bull run.

As of now, we are not in bullish because whenever the price of Bitcoin is moving we are seeing downtrend with the altcoins. Now the market is no following the formula which was happening in 2017, so we need to be very careful with the current market fluctuations.

[Reatim]

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.

For a long while now, this has been the trend on crypto space. Bitcoin and altcoins bullish along side. Infact it is believed that whenever Bitcoin bullish, altcoins bullish alongside. And when Bitcoin bears altcoins bear alongside.

but the point of topic is go together,meaning the Bullrun will make altcoins and bitcoins growing within and not Bitcoin must be the first and this is very rarely to happen In my Own Opinion.

Bad idea! The remain coins bullish too, all crypto will be inflationary and lose their value.

i think they are not part of the question as i am practically seeing the thread is about those good running currency and not the dead or no movement for the last months or years.

[WalkerIVIV]

Obviously yes, they are moving the same pattern and we know altcoins always follow the movement of bitcoin.

Therefore, if bitcoin will be bullish there is no doubt that altcoins will be bullish as well, however in some instance it does not happen right away but in overall we can see that altcoins are bullish when bitcoin is bullish, good example is the year 2017 where we were in a bull run.

As of now, we are not in bullish because whenever the price of Bitcoin is moving we are seeing downtrend with the altcoins. Now the market is no following the formula which was happening in 2017, so we need to be very careful with the current market fluctuations.

The corrections take place right after some market jump up, it's difficult for every traders to assume which momentum will be the next target.
It's your patience that will helps you to earn from this market just keep looking forward.

If the pump run for a few days and it will be always followed by the dump that will come after these days have already passed. It's not too difficult if you have been existing in this market since a few years ago but the problem is newcomers are still feeling if that was a new thing that is very difficult to be followed.

[cahbagus555]

Altcoin and Bitcoin prices can go up together but the effect is that Bitcoin dominance in the cryptocurrency market will decrease. When the price of Bitcoin rises significantly, the price of altcoin will remain affected and rise against the dollar because the benchmark price on the crypto market is Bitcoin.

[Republikcoin.com]

Obviously yes, they are moving the same pattern and we know altcoins always follow the movement of bitcoin.

Therefore, if bitcoin will be bullish there is no doubt that altcoins will be bullish as well, however in some instance it does not happen right away but in overall we can see that altcoins are bullish when bitcoin is bullish, good example is the year 2017 where we were in a bull run.

it is natural that a rise in the price of bitcoin affects the price of an altcoin. however, the altcoin has a pair in the form of bitcoin, so when the price of bitcoin goes up, then the price of altcoin also goes up. but, there will be some altcoins that need to be considered an increase, because I think the thing that we mean so far is a top altcoin. maybe when bitcoin prices go up altcoin prices also go up, but that only applies to top 100 altcoins. but, for altcoin below that, there may be many coins that do not pump simultaneously, even dumping.

[krayzie32]

Altcoin and Bitcoin prices can go up together but the effect is that Bitcoin dominance in the cryptocurrency market will decrease. When the price of Bitcoin rises significantly, the price of altcoin will remain affected and rise against the dollar because the benchmark price on the crypto market is Bitcoin.

I think this entire market depends on the price of Bitcoin because this is the only coin that can make altcoins rise during this time. I have been in this market for many years and the dominance of Bitcoin is so large that it is very difficult for this market to identify. Any investment looks at the price of Bitcoin first because if this coin is on an uptrend, then the altcoins I invest in can make a profit.

[Yamifoud]

No, you can't expect that altcoins will rally the same together with the other altcoins and most likely not for Bitcoin. This coming halving is just for Bitcoin and we can't think that altcoins will be of what Bitcoin trend has shown to us. If Bitcoin will be in the bullish, I may just think that only a few altcoins will also have its push to works aside and for sure, only those coins that are in the top listed altcoins. We should have to accept that low volume, liquidity coins will never be great as of before and there are no hypes anymore that we could see that the entire market will be in the skyrocket back again.

[rdewilde]

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.

Things are gradually taking a new shape, just like you noticed back in the days a rise in Bitcoin will see every one moving their funds to Bitcoin thus leading to altcoins dumping but from what was seen months ago the reverse was the case both moved in the same way. Nevertheless, one can hardly predict the direction of this space but I would say with this new trend, looks like we are going for a new thing which is, both Bitcoin and altcoins going in the same direction; also when I mean altcoins, I refer to the good ones because people are now seeing some reasons to hold altcoins.

[letyouearn]

There may be different situations, one can't predict. Usually altcoin market is falling down when BTC is moving up or down fast. And altcoins usually grow when BTC is lowly growing/falling.

[dainoran]

I am sure that when the price of bitcoin goes up, altcoin will definitely follow it, because at that time the altcoin that I got got a big profit. so I'm sure it will be the same as 2018.

[novaprime]

I am sure that when the price of bitcoin goes up, altcoin will definitely follow it, because at that time the altcoin that I got got a big profit. so I'm sure it will be the same as 2018.

It is still too early to say this because Bitcoin has been clearly manipulated in recent times and Altcoins are often unable to raise prices if the situation continues. In fact, altcoins usually follow the Bitcoin price and if the coin is unable to rise then we will still remain in the bear market.

However, I hope this year will be more interesting and investors will make more profits than previous years.

[MOProgress]

If I may say from this topic, there is a possibility for them to go bullish together. Most times, when Bitcoin starts bull run, it affects other coins and they get bullish together.

[Lexurdania]

The end of 2017 is a good year for the cryptocurrency market and its investors because at that time the price of Bitcoin and altcoin can go up simultaneously. I think it can happen again because this year there is a Bitcoin Halving moment and I think there is a good development in the cryptocurrency world

[Yamifoud]

The end of 2017 is a good year for the cryptocurrency market and its investors because at that time the price of Bitcoin and altcoin can go up simultaneously. I think it can happen again because this year there is a Bitcoin Halving moment and I think there is a good development in the cryptocurrency world

Nah, I don't think that 2017 has a good end for everyone but instead to consider it as a start of the deadliest part of the crypto. People had suffered big losses because of that. We've been trick by whales and most of us are victims of high market speculations and positive outlooks of the market but somehow it drags us to a huge drop where everyone has not expected it to happen.

This is a reason why I don't have to think for another collaboration of Bitcoin and altcoins coz if we saw the altcoins market trend, it is really far from what happened last 2017. And even halving couldn't make help for altcoins to recover as what it as before ( might possible for known altcoins but not of the entire crypto market).

[Vishnu.Reang]

Currently, the altcoins are surviving because of Bitcoin only. They are not being used widely in spheres where Bitcoin can't be used. Their exchange rates also show a high level of interlink with that of Bitcoin. And I don't think that the situation will remain viable for long. Bitcoin will start consolidating market cap at the expense of alts, if this situation prevails.

[bison]

Currently, the altcoins are surviving because of Bitcoin only. They are not being used widely in spheres where Bitcoin can't be used. Their exchange rates also show a high level of interlink with that of Bitcoin. And I don't think that the situation will remain viable for long. Bitcoin will start consolidating market cap at the expense of alts, if this situation prevails.

each altcoin has a different function depending on its platform. indeed the value of bitcoin has an important role but you need to know that altcoin has its market. altcoin can pump and disappear at any time depending on how their platform is accepted in the market.

[Johnson knight]

Bitcoin was the first digital currency to enter the mainstream market as a secure and convenient means to pay for goods and services. Overtime, other introduced cryptocurrencies seem to follow the price trend of bitcoin in the market, so I believe altcoins bullish trend runs on same path with Bitcoin unit price. Currently, you can receive  reward in Bitcoin by participating in Amanpuri exchange new trading bonus campaign.

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[BitcoinPanther]

Too early to say that Bitcoin and Altcoin will be bullish but anything can happen in terms of Cryptocurrency. But if you are asking about if Bitcoin and Altcoin can be bullish together, then may answer will be yes because some altcoins really look to Bitcoin when there are changes on it's price.