Bitcoin bullrun & Altoin bear market

[Wysi]

Is it possible to have Bitcoin bullrun wherein altcoin continues to trend in red, we have witnessed that altcoins has been falling from grace in last few days wherein Bitcoin is steady (apart from today's dump) and heading towards $20k to set a new landmark. I am discussing about top altcoins here wherein we should not be considering coins with low volume which is manipulated consecutively.

What's your opinion? Will this be the year of only Bitcoin?

[jackg]

If this happens some coins like eth will see a massive spike at some point.

With the eth 2.0 stuff and litecoin potentially testing out mimblewimble before Bitcoin gets it (if that's still happening) I think we'd see a huge run on them too, it can be just after the bull run but probably won't be too long after.

[tabas]

I believe that there is a season for altcoins. Just like what an altcoiner believes that most of his altcoin will pump. The only basis that I've got is during the bitcoin bull run and the alt season comes after it.
That is why it is possible for bitcoin to continue pushing its price higher and making the altcoin market bleed.

[Smitty Werben Man Jensen]

When viewed from the dominance of Bitcoin which has risen again at 63%,
of course this makes the opportunity for Bitcoin to increase again, yup, today there are still many people who hold Bitcoin than altcoins,
and it is predicted that Bitcoin is bullish, but for altcoins this is an opportunity to be able to buy cheap

[cryptoaddictchie]

But last bull run. Bitcoin trigger the momentum. Since we can observed that some alts don't gain during the bitcoin spiking, well I guess it's proven that bitcoin has demand based on the market volume. If there are altcoins that will trigger the Altcoin season then its definitely ethereum. Once eth reaches 1k to 2k price, I'm sure major altcoins will step up and produce a good volume. I can see eth will trigger the bull season this time. Maybe still rely on bitcoin but with potential of eth to drag some altcoins are highly possible to make another huge bull run.

[Gozie51]

I believe that there is a season for altcoins.

Exactly maybe it is not an altcoin year because by this time in 2017 when bitcoin was bull, altcoins were also in the bull picture which made many investors in altcoins to cash much profit by December before the bull stopped. This time has not been the same because bitcoin has been on bull a long time after the first quarter of this year but investors are yet to see any profit measuring to what it was in 2017.

[BrewMaster]

i have never felt any difference between the "top" altcoins and the "bottom" altcoins apart from the size of their hypes. they all perform very similar to each other in the sense that whenever bitcoin price is changing there is a lot of selling in altcoin market where people convert their altcoins to bitcoin. for example last week when price was shooting up lots of altcoins were dumped. and today when bitcoin is again having a drop there is a lot of altcoins being dumped again.
the altcoin bull markets usually happen when bitcoin price is stable. and we may not see it for a much longer time since we are in a volatile state right now where price keeps testing $20k until it is broken.

[CapGelatik]

Bitcoin dominance is indeed high, this is what makes Bitcoin analyzed very bullrun, and altcoins are bearish,
but not all altcoins are bearish, in fact many altcoins are bullish, such as XRP, Theta, Tfuel and Ethereum.
so this year has really changed a lot.

[target]

I think it's possible and all those altcoins that are paired to BTC will also rise up when the traders see that the value of their token will also increase even when selling at a current market price. The Satoshi count doesn't go up but only the USD price.

Bitcoin dominance is indeed high, this is what makes Bitcoin analyzed very bullrun, and altcoins are bearish,
but not all altcoins are bearish, in fact many altcoins are bullish, such as XRP, Theta, Tfuel and Ethereum.
so this year has really changed a lot.

The price is still up considering how much they are a few months ago. But today made users panic and sell while their transactions are stucked up pending   

[Fortify]

Like so many parts of business life, there are usually only a few core winners who will dominate a market. You can look at some examples in tech - Google rules search, Amazon rules shopping, Microsoft and Apple rule software/hardware. Yes, they are not the only contenders but they can dominate large parts of their market and that gives them such a strong ongoing advantage. Bitcoin will always be king of the cryptocurrency market and while there are a few others who have reached high popularity, the general public will stick with the most popular and what they know. This naturally drives the value and describes the price action you see playing out.

[thecodebear]

In the larger bull run that will likely take place during the next year, pretty much everything will rise a lot. Bitcoin will make huge gains, as will Ethereum, but so will many altcoins. Many altcoins will make much larger gains than Bitcoin just due to speculation and them being tiny in comparison so relatively little money is needed to boost them. Bitcoin, Ethereum, and the Altcoin market will all flourish in the next year. Altcoins may go through pump and dumps since they are nearly all just betting chips, but the whole altcoins market will rise substantially as bitcoin does.

I do think Bitcoin will grow even larger than it is now, in comparison to the altcoin market, because Bitcoin (and to a lesser extent Ethereum) is what institutional investors are interesting in. Institutional investors will have zero to very little interest in coins outside Bitcoin and Ethereum, maybe just a few more like LINK or some in the DeFi space will get a little institutional money, but the rest are just schemes for traders to make money, not stuff that big money is gonna risk their wealth in.

I expect over the next few years, as this bull run plays out and we move into the next market cycle, Bitcoin will maintain a 65-70% market share, Ethereum will move up to perhaps 20%, the next 5-10 coins that actually have relevance will have 5-10% market share combined, and all the rest will get mostly wiped out an have like a 5% market share. So while Altcoins should do very well in the next year, overall we should see Bitcoin and Ethereum eat further into the altcoin market. Trillions of dollars will be coming into Bitcoin this decade, while the altcoin market should only see a tiny fraction of that amount from traders and retail investors.

[tabas]

I believe that there is a season for altcoins.

Exactly maybe it is not an altcoin year because by this time in 2017 when bitcoin was bull, altcoins were also in the bull picture which made many investors in altcoins to cash much profit by December before the bull stopped. This time has not been the same because bitcoin has been on bull a long time after the first quarter of this year but investors are yet to see any profit measuring to what it was in 2017.

2018 first quarter seems to be the altcoins year. Although there were ico projects in mid-2017 that was also making a lot of noise and investors raked money from it.

The price is still up considering how much they are a few months ago. But today made users panic and sell while their transactions are stucked up pending   

That's what happens when they only look at the recent price change but don't look at the past months.

[Baofeng]

Is it possible to have Bitcoin bullrun wherein altcoin continues to trend in red, we have witnessed that altcoins has been falling from grace in last few days wherein Bitcoin is steady (apart from today's dump) and heading towards $20k to set a new landmark. I am discussing about top altcoins here wherein we should not be considering coins with low volume which is manipulated consecutively.

It's possible, when altcoin whales and investors suddenly shift to bitcoin because that is where the money is. I don't think it will be sustainable though. as far as I can remember, when we have a bull run in 2017, the dominance of bitcoin is around 40%-50%. But currently we are way above at 60%. So it's a long way to go to see this kind of scenario, it could happen though when bitcoin really goes on dramatic rise in the coming months.

[Slow death]

it seems that we are moving towards dark days, days when we will see major bleeds in the markets and altcoins will be the main protagonists of these big dumps. Bitcoin is struggling to stay above $18,000, but I don't think it will be able to resist for long and then it turns into $17500 and the danger zone is $16,000 if it drops below $16000 we will see $14000 again. I'm looking forward to buying it on the dip if there is a big dump.

[Question123]

Don't worry about the price of the altcoins because they have right time when the value of altcoins turn into green so it means that is increasing.

Maybe this is the year only for the bitcoin and for the next year when the altcoins bloom but the important is we are experiencing rising to the price of the bitcoin and not both dump the value and high possibility in the year 2021 is the year of the both bitcoin and altcoins that makes a lot of profit for us.

[cytpoway121]

I do not think it is possible for bitcoin to moon and altcoin to dump simultaneously; the realistic part is that not all altcoins will react to btc pump; but most altcoins will definitely improve in prices and volume; if you compare this recent bitcoin bull run; prices of etherum, litecoin, waves, and even stellar xlm; were improved. It is up to you to hodl the right altcoins; identify the right tokens by doing your own research.

[Fundamentals Of]

It happens numerous of times already. In fact, it is normal to see the altcoins getting negatively affected by a rising Bitcoin. That is already acceptable because people would normally shift to Bitcoin while the rally is ongoing. That adds to the decreasing prices of altcoins. But there are also times when the top altcoins are also increasing in prices simultaneous with Bitcoin. That could mean only one thing and that is the entire cryptocurrency market is really bullish.

I think this is the year for both Bitcoin and top altcoins. We don't count the shitcoins.

[traderethereum]

Is it possible to have Bitcoin bullrun wherein altcoin continues to trend in red, we have witnessed that altcoins has been falling from grace in last few days wherein Bitcoin is steady (apart from today's dump) and heading towards $20k to set a new landmark. I am discussing about top altcoins here wherein we should not be considering coins with low volume which is manipulated consecutively.

What's your opinion? Will this be the year of only Bitcoin?

Bitcoin bull run will come. You don't have to worry and make sure you are ready for the coming.
Even if the price is now still below $19k, it will increase at the right time, and bitcoin will rise so high if that happens.
The next target for bitcoin will need to break $20k so that the price will have the time to get the next bull run.
Maybe this year will be for bitcoin but in the next year, bitcoin will still increase, and altcoin will follow to increase.
The top 10 altcoins will have a chance to increase, but the other altcoin list will have the same opportunity too.
But unfortunately, we don't know which altcoin can increase first, but ethereum will have that chance.

[Mahdirakib]

Only bitcoin haven't performed well in this year. Though bitcoin have done better than alts but many altcoins price also increased enough in last few weeks. Top altcoins like eth, ltc, xrp, xlm price increased significantly. Most often you won't see bitcoin bullrun and altcoins bear market at same time. And if it happens, altcoin price also get pump after that. At some point bitcoin price shows stability and alts shows good upward move.

See how crypto market was at the beginning of this year. Historical Snapshot - 01 January 2020. Few top altcoins price have increased much in percentage than btc.

[davinchi]

Altcoins are not in a bear market, have you seen the prices lately? It is really doing awesome right now and they are all at least 2x higher than they used to be few months ago. Just because there has been a few drops here and there you can't just call it a big drop neither, it is something expected. That is why I honestly think that we should be calm about this and just assume that everything will go up until we are proven otherwise.

It is like law, where people are innocent until proven guilty, that is the same thing in crypto as well because it is going up until proven to be in a bear market and goes down 50%, until that happens I will keep believing that it is going up. That is the only way we could see bitcoin going really high really quickly.