bitcoin continues the positive trend today, is the altcoin market in trouble?

[viananda2525]

Bitcoin market making positive trend will not have any negative effect on the altcoin market if the altcoin have good concept and utility. Aside from that, before altcoin have could reach a new ATH, Bitcoin always lead the market so if Bitcoin market is in total bullish all genuine altcoin we have will follow the bullish trend so theres no need to panic if Bitcoin is in a positive trend.

its right mate, if we already understand market behaviour in bitcoin bullish opportunity in altcoin should be taken to trade. there are alot good altcoin dump it first and then following bitcoin direction. this kind market cycle must be understood by all investors to get maximum profit from market.

[Stedsm]

It's not true that alts will start declining quickly as they do follow the trend of BTC and rally more when BTC holds around a specific price. But, you should also see that everything is pegged to BTC and if BTC rises so quick, even the most shittiest alts will rise in terms of USD. Is it justifiable? No, because today's investor is not some old-school pump and dump puppet who just takes things for granted, but does complete research before entering the markets and invests carefully. That carefulness stops, and sometimes, even declines some shitcoins while working alts rock on. During this bull run, don't expect those non-sense tokens to rally as what they will gain, they'll spew 'em out badly and will make you lose much more.

[Questat]

Bitcoin market making positive trend will not have any negative effect on the altcoin market if the altcoin have good concept and utility. Aside from that, before altcoin have could reach a new ATH, Bitcoin always lead the market so if Bitcoin market is in total bullish all genuine altcoin we have will follow the bullish trend so theres no need to panic if Bitcoin is in a positive trend.

its right mate, if we already understand market behaviour in bitcoin bullish opportunity in altcoin should be taken to trade. there are alot good altcoin dump it first and then following bitcoin direction. this kind market cycle must be understood by all investors to get maximum profit from market.

Altcoins has become playground of high risk investors, they would invest on altcoins if bitcoin remains and continues to be bullish, at the current level, it's already bullish but investors are still waiting for bitcoin to reach a new ATH and altcoins will certainly rise.

I want to see how the market move once bitcoin will have a big dump as a correction, I'm sure panic will start, but as of now, everything is good for bitcoin and slowly altcoins are following its trend.

[piebeyb]

today I read several articles. and I found an interesting article. the article was titled if bitcoin is sideways then it allows altcoins to rally higher.

you can read it here> https://cointelegraph.com/news/sideways-bitcoin-price-allows-defi-ethereum-and-altcoins-to-rally-higher

what I want to ask is what if bitcoin is not sideways ?. as at this time bitcoin continues its positive trend, BTC is past $ 16k. Will this put the altcoin market into trouble?

I'm looking at ethereum, and some altcoins like nothing has changed. I am afraid that if the bitcoin trend continues the altcoin market will decline. so maybe now is a good time to sell altcoins before that happens.

what do you think my choice is wrong?

It really depends on how they think and what they want to hold back

If you hold BTC of course you will wait for the price of BTC on USDT, but why when you buy altcoins with your BTC then the price of BTC goes up and makes the altcoin price in the BtC pair go down, I know that because you aim to multiply BTC not on the USD value

Just see even though the price of BTC in USD rises, the altcoins you hold, for example ETH on the USD pair also go up, even though the BTC pair goes down, so actually the focus is on the USD value, not the BTC pair, it's the same as holding BTC waiting for the USD value increase, if you believe in BTC you should hold it in BTC not in altcoins

if we look at the history before, it should be bitcoin crash in 2018 but many people hold it until the end of 2018, when at this time maybe people think the price will go down but there is a little difference because of that, I think $ 20k will be easier by the end of 2020 , at least $ 100k can be achieved until 2021 later

[Ken_terrance]

today I read several articles. and I found an interesting article. the article was titled if bitcoin is sideways then it allows altcoins to rally higher.

you can read it here> https://cointelegraph.com/news/sideways-bitcoin-price-allows-defi-ethereum-and-altcoins-to-rally-higher

what I want to ask is what if bitcoin is not sideways ?. as at this time bitcoin continues its positive trend, BTC is past $ 16k. Will this put the altcoin market into trouble?

I'm looking at ethereum, and some altcoins like nothing has changed. I am afraid that if the bitcoin trend continues the altcoin market will decline. so maybe now is a good time to sell altcoins before that happens.

what do you think my choice is wrong?

If Bitcoin keeps surging we should be celebrating and not worrying about altcoins unless you don't know how crypto works, after bitcoin grows higher altcoins will start revaluating as well and both small and big projects will become profitable once again, it's a very good thing that Bitcoin continues it's uptrend

[articlecity]

today I read several articles. and I found an interesting article. the article was titled if bitcoin is sideways then it allows altcoins to rally higher.

you can read it here> https://cointelegraph.com/news/sideways-bitcoin-price-allows-defi-ethereum-and-altcoins-to-rally-higher

what I want to ask is what if bitcoin is not sideways ?. as at this time bitcoin continues its positive trend, BTC is past $ 16k. Will this put the altcoin market into trouble?

I'm looking at ethereum, and some altcoins like nothing has changed. I am afraid that if the bitcoin trend continues the altcoin market will decline. so maybe now is a good time to sell altcoins before that happens.

what do you think my choice is wrong?

Bitcoin is on the move and im personally expecting new highs for bitcoin in december. Regarding altcoin market it can stay under stress for a while especially till ethereum shows something nice. If ethereum also moves after bitcoin then we can expect other alts to follow as well.

[Sebas.tian]

So far there have been developments from some altcoins and ethereum has started to bangkin and we expect to be able to return to the peak like 2017 and this year is very convincing because the value of bitcoin is already above the cloud and we certainly have surprises from some altcoins that already have potential, hopefully this development will continue.

The truth be told, there are very few handful good altcoins project that are doing well right now becasue most of them are just shitholes. Except a very few they are just like the past in 2017. The best among these altcoins is the ethereum only, this coin has proven to us that, it is measuring some powers with Bitcoin, so, when Bitcoin price soar it price also appreciate averagely. But for these defi's, they are scam tokens mostly. 

[masterrex]

today I read several articles. and I found an interesting article. the article was titled if bitcoin is sideways then it allows altcoins to rally higher.

you can read it here> https://cointelegraph.com/news/sideways-bitcoin-price-allows-defi-ethereum-and-altcoins-to-rally-higher

what I want to ask is what if bitcoin is not sideways ?. as at this time bitcoin continues its positive trend, BTC is past $ 16k. Will this put the altcoin market into trouble?

I'm looking at ethereum, and some altcoins like nothing has changed. I am afraid that if the bitcoin trend continues the altcoin market will decline. so maybe now is a good time to sell altcoins before that happens.

what do you think my choice is wrong?

Yes, thats correct Bitcoin price continues to gain momentum, and now conquering the $17K price level. But I was wondering why the Altcoins are not gaining much increase unlike before during 2017-2018 Bullrun when the BTC price was at this level most altcoins are already gaining massive price increase. I think your right Altcoins may be in trouble now thats why it's not gaining much price momentum but it's only my opinion I'm not sure about it.

[slackovic]

Yes, thats correct Bitcoin price continues to gain momentum, and now conquering the $17K price level. But I was wondering why the Altcoins are not gaining much increase unlike before during 2017-2018 Bullrun when the BTC price was at this level most altcoins are already gaining massive price increase. I think your right Altcoins may be in trouble now thats why it's not gaining much price momentum but it's only my opinion I'm not sure about it.

I don't know if you were in crypto back in the end of 2017. and the beginning of 2018., but if I remember correctly Bitcoin price skyrocketed in December 2017 while altcoins skyrocketed a month later (in January 2018). So be patient and when "daddy" settles it's price, alts will gain momentum.

[ije07]

Based on the chart on the market that bitcoin is moving very significantly above $ 17k I am a little worried because not all altcoins follow the trends of rising bitcoin prices, especially with Binance, TRON etc. meanwhile, ETH, LTC, XRP and Polkadot really grew significantly due to the influence of bitcoin itself.

[desfira]

most alts are already in green and I think December will be greater month for both btc and alts. It takes a bit for alts to catch up with btc which they seem to be doing now. Once they catch up we'll see much bigger rally than we saw in 2017-2018. some have predicted that btc can reach upto 315k in 2021. so if you keep that mind we have seen nothing yet.

maybe at this time we can't see a significant increase for BTC, but I believe BTC will have tremendous value.  currently only altcoins are showing the green color, even new altcoins are following suit,
more and more investors and traders and more and more money they use for crypto, so this will continue to pump for price increases

[nykka]

Bitcoin price is already 17k dollars and I think we can reach all time peak before end of the year. I think it would be really historical event. But there can be little correction till it, because we see only growth last months and it`s very strange for such market as cryptocurrency. Good news for all holders are coming

[dr.cheema]

As you said you should sell altcoin because Bitcoin following uptrend and still going up and hitted $17k, If you are panic and sell altcoin then everyone will do the same (not everyone).
Altcoin will face red market if altcoin holders go for bitcoin while btc already at high price maybe go more higher but if Bitcoin stop going up and then ethereum other tokens start growing then what will you do? Sell BTC and buy alt again?

[malikg18]

It seems that Bitcoin will cross its ATH in this year ,After that there will be greeneary in Altcoin after decreasing Bitcoin Dominance.

[Bosx1ne]

When the dominance of the bitcoin is increasing try to make a observation where there are some altcoins that are decreasing and the reason of it is a lot of investors are pulling their money because of fear and also the sentiment in altcoins which is doubt and uncertainty. There are now altcoins that are trending and for me this should be our main focus because if we will trade a non trending altcoins there is high possibility that we can lose huge amount of money.

[darkphoenix2610]

Bitcoin continues surging today, it broke 17K$ already, https://crypto.co/currencies/bitcoin/ and most traders and investors eyeing for easy 20k$ this week. So we will expect the dump of most altcoins as Bitcoin is surging, but when Bitcoin will be stable on its price we will then expect also for Altcoins to follow.

[perla]

I don't think the altcoins are in trouble because of the price of Bitcoin is uptrend and if any cases that the price of the altcoins downtrends I think it's a good opportunity to buy them for a good investment entry.

[Ozero]

Bitcoin price continues to rise steadily and is now $ 17,125.  Altcoins have more modest price gains, but they are also now mostly in green.  The main thing is that there is no tendency for prices to fall with the growth of bitcoin in altcoins.  They are growing along with Bitcoin, although not as fast as we would like.  In the future, the situation may change and I don't think it will be for the worse for altcoins.

[lunnatic]

This is indeed a positive trend for bitcoin, bitcoin is able to break through $ 17000 and is ready to fly to the moon,
many predictions that $ 2000 will be reached at the end of the year, don't miss, buy now!

[Fredomago]

I don't think the altcoins are in trouble because of the price of Bitcoin is uptrend and if any cases that the price of the altcoins downtrends I think it's a good opportunity to buy them for a good investment entry.

As for now alts also moving upwards, it's just a small run but still great to see a lots of green today. You are right, it's good for those investors who trust the projects that they are supporting, buying right now and storing for a much higher value in returned. Go ahead and work with your good research, the time will come for those good projects that have real usage and addition to this market, crypto industries after bitcoin will gained more interest most to those projects that have good technology behind.

Bitcoin price continues to rise steadily and is now $ 17,125.  Altcoins have more modest price gains, but they are also now mostly in green.  The main thing is that there is no tendency for prices to fall with the growth of bitcoin in altcoins.  They are growing along with Bitcoin, although not as fast as we would like.  In the future, the situation may change and I don't think it will be for the worse for altcoins.

Most of the time, Alts gained good value when bitcoin pumped rest for a while, diversions will take place, for those known alts the chance to get investors interest are huge. Expect that movements will continue to be positive as we are seeing strong bull keeps moving forward.