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

[WalkerIVIV]

The current situation of bitcoin will not put the altcoin in the danger but otherwise it will be giving another bullish trend for altcoin. Did you see the altcoin got a correction during the bitcoin pump?
The altcoin is showing the bullish trend too as there are so many altcoins get pumping.
It doesn't mean when bitcoin shows the bullish trend and then altcoin will get the reversal trend.

[Warkop]

It all depends on how the Altcoin developer itself, if Altcoins are of very good quality, of course it will not affect the price in the market, different things like Altcoins that do not have quality, even if the price of Bitcoin goes up or down Altcoins will not show good price movements, because this all requires encouragement from the community or investors who value Altcoins. It's not that from the high Bitcoin price all the Altcoins will be weak in trading, such a judgment is simply wrong.

[Lantind]

Do not think there is a need to worry. BTC usually pulls off first and then alts follow.
Now we have the Paypal money train to boost as well

Most people who lose are people who often don't worry about anything and take small things that have a big impact, meaning that everyone must always be ready and on guard when he acts, because the market never tells anyone when conditions start to change.

[qory]

I'm not really an expert to trading but according to my observation when the Bitcoin's price increase the price of the altcoin increases as well as long as it is paired up with Bitcoin or am I wrong about it?

[kaseygriffin]

I think it is entirely possible that we have seen the past where the altcoin money shifted to btc, if the next time BTC explodes, we should also choose for yourself the coin you think has the potential to soar during the upcoming bull run of a market that people are expecting.

[RokokGudangGaram]

I'm not sure what will happen to altcoins as you have said there are no big changes on the altcoins today maybe traders are just focusing on Bitcoin to USD due to it's increasing price but I really don't think that the altcoin market will be in trouble.

[Questat]

Altcoins market is always struggling, I'm not seeing it will be more in trouble once bitcoin continues to rise, I think it will become a wake up call for altcoins to have their own run which we called an altcoins season.

Remember, it happened before when bitcoin achieved it's ATH, so who knows if history will repeat itself.

[Reid]

With Ethereum I don't think there will be a problem.
Not all investors there will just switch to Bitcoin because they are also expecting greatness from it.

While on the other hand, you might worry about not much popular altcoins.
Those have the risk of being sold by investors and just ride the wave of bitcoin even for a little amount of time.
Dump means value down. You just need to figure out if the coin you are supporting can hold it out while investors are selling. Some can, others can't.

[Periodik]

Sometimes its normal for the altcoins to suffer some falling of prices during a bullish Bitcoin. That is normal as traders and investors would rather pull out their funds from altcoins and transfer them to Bitcoin. They are just looking for a bigger profit. But there are also times when the bull run is not just exclusive to Bitcoin but is also happening to altcoins. I think that is what is generally happening right now. I am currently bullish for ETH, for example.

[bittick]

I would definnitely say that altcoin might be in trouble when btc dominance keeps increasing but it's just wild hunch just because in the past something like this happened btc crushes the alts but in the future no one really knows. Bitcoin positive trend is not an obvious factor that could decide whether alt gonna be bearish or not anyway.

I'm not really an expert to trading but according to my observation when the Bitcoin's price increase the price of the altcoin increases as well as long as it is paired up with Bitcoin or am I wrong about it?

It could go both ways decrease and increase. This crypto market is just so random and there's no way to predict the correct answer.

[trauchot]

I don't know, bitcoin has been growing in price all this year and altcoins have also grown in price all this year and another pump of the entire cryptocurrency market is expected by the end of this year, so I don't think that altcoins will have any problems due to the fact that bitcoin is growing, because big players also like to invest in altcoins and therefore altcoins will also grow.

[nebuch]

Perhaps great market awakening could happen once great pump of  bitcoin take place. The continues surge of bitcoin we depends the pump of altcoins as we know btc is the main influencer to start the bullish trend. Not sure about the good position of bitcoin trend will last long but good to see it rising. If you hold Ethereum you are one of the luckiest person on crypto world because it is next to bitcoin. Very potential to increase higher.

[Doranile432]

It's not altcoins time yet, when ever bitcoin is bullish altcoins won't start surging instantly so there is no trouble around altcoins presently, this is just another room for more altcoin adoption, I believe now is the best time for accumulation, after bitcoin Bullrun altcoins will definitely take over

[1l1l11ll1l]

It's not altcoins time yet, when ever bitcoin is bullish altcoins won't start surging instantly so there is no trouble around altcoins presently, this is just another room for more altcoin adoption, I believe now is the best time for accumulation, after bitcoin Bullrun altcoins will definitely take over

Some of the top altcoins actually follow the bitcoin bullrun trend, maybe at the moment it doesn't really look like this trend, but where bitcoin will hit a new ATH, they will make all crypto space experience a good positive impact

[ethereumhunter]

As usual, after the bitcoin price hit $16,400 as the highest price today, the price now is down and reaches $16,100, and it still goes down lower. The correction comes after the bitcoin price hit the highest price, but I am sure that the price can go back to that price and break $17k soon. I hope you can still be careful with this correction because we never know when the price can turn the direction to the high price. Maybe it is just a weekend correction that always happens.

[Teraboy]

I'm not sure what will happen to altcoins as you have said there are no big changes on the altcoins today maybe traders are just focusing on Bitcoin to USD due to it's increasing price but I really don't think that the altcoin market will be in trouble.

You should also compare the current situation with a few months ago when crypto has dumped to the bottom even bitcoin reached the all time bottom price.
Altcoins have started to build the trust from the investors. that's the main reason why the price of altcoins are still stable right now.
I didn't see any signal for altcoin to be dumped due to the bitcoin pump at least not for this time.

[prince V]

Some of the altcoins will have their turn to jump together with the bitcoin price, but I doubt the other altcoins we now see have no any movement because there is no increase in demand in the market.
If you want to play it safe then choose altcoins that are in the top 10 at the moment, especially ETH.

[Mahdirakib]

Recently bitcoin have shown good movement in price than altcoins. Btc market dominance also increased significantly. But I don't think altcoin market in trouble for this reason. Altcoins haven't got dumped during this time, and moving up slowly. We may see a good move in alt price soon. You don't need to sell your alts by being afraid. The profit will be slower but you won't loss your money.

[bttmember]

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 the bitcoin price and dominancy start to increase rapidly and it reaches over 70% then definitely there will be high chances of parabolic btc growth that can take dominancy upto 90% this situation can really kill or crash most of the alts value and that will only recover after btc settles and reverses.

[Octular]

Alt will come for sure, just i bit of lag IMO.