Btc and alts

[Smartvirus]

There is no unanimous vote on any of these statement to be absolute, though.

All of them can be correct depending on perspective and which movement appeared first.

No doubt the truth isn't far from this and as rightly stated by OP, they are scenarios and they do play out just distinctly. Scenario 3 seems to be the most frequent and it's evidently the one at play right now but then, it is agreeable that, the surges in bitcoin is reflected in altcoins as it lives investors with the notion that, bitcoin has surge too high with the price so high, having an established altcoins isn't a bad idea and hope for a rise in the nearest future which accounts for the rise in altcoins markets.
This is still tied to bitcoin and a correction in bitcoin is relatively reflected in the later though, not so much.

[sort_cirkit]

Bitcoin or alt-coin is not a competitor but an ally.
1. Btc pump then alts dump. But it indirectly increases again.
2. Alts pump then btc dump. It is very rare. Only a few coins could go up in price.
3. Both btc and alts follow each other. Equilibrium example. The past tells that.

[MCobian]

Not only you are confused about the movement of Bitcoin and altcoins, but I am sure all traders must be confused about the price
movements of Bitcoin and altcoins. because the price movements of Bitcoin and altcoins are very difficult to predict. And indeed Bitcoin
and altcoins are closely related, so care must be taken when deciding to invest in Bitcoin and altcoins. You really need to do the analysis
correctly, so it's not wrong to determine the right time to buy Bitcoin and altcoins.

[Janation]

But we can see that only the 3rd scenario is happening right now i.e alts are following btc.
What's about the 1st and 2nd.

There are the times that those happened.

In the past, when a lot of people are expecting Bitcoin to pump, it didn't. At that time, the price of Bitcoin are expected to pump at the end of the year but at that time, ETH pumped while BTC is falling. This really depends on the time that you are looking at the price chart. These 3 scenarios happens and will keep on happening since they are not that directly affected by each other.

[Reid]

That's the common term used when back then.
A time when there's no option but to sell bitcoin thru different altcoins.

But now it had changed when Tether was created which has 1:1 ratio stable coins against USD.
So, why pick the side with a higher risk than the stable one?
Somehow it saves time also, you don't need to wait for an altcoin pump. Just the BTC dump.

[shushu9977]

Several time, both bitcoin and altcoins are followed each other which is happened maximum. Other two methods are followed not much time, it happen minimum time or few time.

[South Park]

I am confused among these, cauze people says
 
1. Btc pump then alts dump
2. Alts pump then btc dump
3. Both btc and alts follow each other 

But we can see that only the 3rd scenario is happening right now i.e alts are following btc.
What's about the 1st and 2nd.
(Actually I am a newbie in trading)

You got it wrong, bitcoin moves independently from altcoins and altcoins are correlated to bitcoin which means that most the time they follow its movements, so roughly 90% of the time what you are going to see is bitcoin moving in a way that you cannot predict and altcoins simply following bitcoin which is what we're seeing right now, the rest of the time you'll see some independent movement in altcoins with ethereum being the leader of that market and most the time when that happens this means that there is some kind of hype in that market and its growing faster than bitcoin.

[hridoyb]

I am confused among these, cauze people says
 
1. Btc pump then alts dump
2. Alts pump then btc dump
3. Both btc and alts follow each other 

But we can see that only the 3rd scenario is happening right now i.e alts are following btc.
What's about the 1st and 2nd.
(Actually I am a newbie in trading)

I heard this Theory that bitcoin pump than altcoin dump or altcoin pump bitcoin dump..But i realized that every altcoin depends on their team or project or their successful on market place..Many altcoins were scams or trading  volume was zero for inactive team or valueless their market priority on trade platforms.But bitcoin and eth always  try to make a different  from others, as a result, it price always increase  just need to times otherwise most of the altcoin always down or scam or zero trading volume  on the exchanger

[TheUltraElite]

it is agreeable that, the surges in bitcoin is reflected in altcoins as it lives investors with the notion that, bitcoin has surge too high with the price so high, having an established altcoins isn't a bad idea and hope for a rise in the nearest future which accounts for the rise in altcoins markets.

This is still tied to bitcoin and a correction in bitcoin is relatively reflected in the later though, not so much.

I know and that is why I tell others to stop wasting time trying to correlate the two. It is like trying to find something in a place where it does not exist. Speculative markets are like that, dont let the patterns fool your mind into thinking that there is a link between altcoin and bitcoin price changes every single time.

For example, the litecoin halving saw a rise in price of litecoin at that time. But bitcoin did rise too but not to that extent. I could go on saying that probably people bought bitcoin at that time without knowing the reason but it would be a stretch of the fact.

[kakonhat]

I am really not happy after seeing the market movement. BTC and Alts doing the very opposite movement.
2017's crypto movement was amazing. I saw BTC and Alts were moving at the same time. I mean, those were a very good friend.
But 2020 is not like that. I think 2021 will be like in 2017. Now let's see what will happen.

[hd49728]

I know and that is why I tell others to stop wasting time trying to correlate the two. It is like trying to find something in a place where it does not exist. Speculative markets are like that, dont let the patterns fool your mind into thinking that there is a link between altcoin and bitcoin price changes every single time.

For example, the litecoin halving saw a rise in price of litecoin at that time. But bitcoin did rise too but not to that extent. I could go on saying that probably people bought bitcoin at that time without knowing the reason but it would be a stretch of the fact.

Bitcoin affects altcoins but altcoins have their events (developments, product releases, partnership news and many things) that affect their price. Altcoins have their rises when they have positive news certainly but they need bitcoin have a stable price. It is so vividly that most of positive and expected news from altcoins are often released when bitcoin finishes its rises or its falls.

The market in the past 2 weeks is an example. Bitcoin moves up and with the fear of bubble, bitcoin remains its price and altcoins all begin their rallies. How long the stable price of bitcoin will stay is a myth. I only know it is time for you to enjoy the altcoin rallies.

[YOSHIE]

1. Btc pump then alts dump
2. Alts pump then btc dump
3. Both btc and alts follow each other

For the OP of the three questions you asked, the answers are below.

Answer to question (1).
BTC pump ! what about Altcoins ?

Answer to question (2).
BTC dump and alts pump.

Answer to question (3).
Bitcoin and Altcoins price correlation

I hope you have a little time to read it, science for you.

[imstillthebest]

its the number 1 that is happening not the number 3 . number 3 works when 90 percent of altcoins increase but to what i observed theres only 10 percent of alts that show an increase and they increase because there is an update with them . its not the btc that carry those alts in the greez zone . before the number 1 happen number 2 happened first if im not mistaken and i think number 3 occured too earlier this year . all 3 of the numbers happen  . now you know op , if you stay on this market you need to watch both alts and btc to see the pattern that you can use as a reference on your trade

[RealMalatesta]

Obviously any of them could happen, right now I can sense that one thing "could" happen and that is what I am expecting but I am not entirely sure if that will be the correct call or not. I believe bitcoin will go as high as near 30k level but fail to be 30k in the end. After that altcoin prices in dollar will be huge as well, because bitcoin increased and they increased with it.

And bitcoin will probably have a stop around those levels and drop to around 20-22k range instead, altcoins will see this as opportunity, first drop in dollar price because bitcoin drops, but use this to increase in price against bitcoin insanely high, back to where it was, probably x2, and since price didn't dropped that much, altcoin prices will be superbly high. Obviously this doesn't need to happen but it is definitely something that could potentially happen if we are lucky.

[Pom_bensin]

Traders have the main key in crypto, if the big traders are there it will make the token price high and that's for sure. So the price between BTC and ALTS was due to the influence of the wholesalers and it was real so far

[error08]

I am confused among these, cauze people says
 
1. Btc pump then alts dump
2. Alts pump then btc dump
3. Both btc and alts follow each other 

But we can see that only the 3rd scenario is happening right now i.e alts are following btc.
What's about the 1st and 2nd.
(Actually I am a newbie in trading)

All of it is true, it happens on the market depend on the situation, trends, and only for some altcoins. for example;

1. when bitcoin rise from $19k to $22k, xrp dropped, traders speculate that people cash out from xrp and switch the funds to bitcoin, it was happening due to the airdrop date has been passed.

2. you can check the chart, there are many circumstances this has happened in the past, such as in 2017-2018, after bitcoin price declined in December 2017, eth actually reached an all-time high over $1400 in January 2018.

3. This happens a lot in the cryptocurrency market, but only for a few altcoins that have potential and development opportunities to follow the bitcoin path to rise.

[globalpain]

Traders have the main key in crypto, if the big traders are there it will make the token price high and that's for sure. So the price between BTC and ALTS was due to the influence of the wholesalers and it was real so far

Bitcoin price only has an impact on altcoins, in fact it has a huge impact, what has happened is like yesterday and today,
when bitcoin prices are very volatile, altcoins will also be very volatile, because indeed the altcoin price in bitcoin pairs is still very undervalued.

[MonsterV]

That's how complicated the markets are, actually those are what can happen in the market but just like what you have said we are currently on the third scenario, previously when the bitcoin dumps the altcoins pumps well I hope that it would happen too if the Bitcoin dumps so we could still make profit in altcoins.

[abel1337]

I am confused among these, cauze people says
 
1. Btc pump then alts dump
2. Alts pump then btc dump
3. Both btc and alts follow each other 

But we can see that only the 3rd scenario is happening right now i.e alts are following btc.
What's about the 1st and 2nd.
(Actually I am a newbie in trading)

I believe #1 a long time ago when I was still young in the market and this really happens but as time goes on this kind of reaction within the market changed, Today we experience the #3 which Alts followed BTC in market reactions. Well, it all depends on the altcoins, most shit tokens doesn't do the same way with the established tokens.

[TheGreatPython]

Indeed there are altcoins that do fall when BTC pumps, only just those coins that kind of have a correlation with Bitcoin that will be increasing when Bitcoin is pumping. If you’re making use of the Coinbase wallet you will understand what I am saying here, if you check the price of any coin and scroll down on the mobile version you will see where it is written price correlation with Bitcoin, some of them have up to 90% correlation with Bitcoin and some of them are less than that, and there are those that doesn’t have any correlations at all.