Is Altcoins Follow BTC Rally?

[lalabotax]

It can be said that the price of altcoins is strongly influenced by bitcoin, but there is a good thing that after the stable presence of coins the influence of bitcoin decreases, even I think the influence of strong altcoins such as BNB or ETH is stronger than bitcoin, as has happened since august that many altcoins are the opposite of bitcoin.

What do you mean by "the influence of the strong altcoins such as BNB or ETH"? Do you think they influence other altcoins?
I am not sure about this, but I never saw experts state that strong altcoins influence other altcoins. What I know so far is that Bitcoin influences altcoins since Bitcoin is the most pair of crypto coins. Bitcoin is also the icon of crypto coins, so it has a big role to determine the values of other coins.

[Gayong88]

In my opinion, Altcoins can be driven by BTC sentiment. However, it also reverses when BTC will pump rather than altcoins pumping too. That's because Alts have been seen as a hedge for crypto investors when bitcoin is going through a rough patch that feels like allowing them to bounce back more quickly if the time comes.

The rise in the price of bitcoin always coincides with the alts seeing their price spike, but still I don't conclude that the recovery is due to the increased demand for bitcoin. It is up to the individual altcoins.

[Rupok]

Altacoin is no different from Bitcoin.  Bitcoin price increases always coincide with altcoins, their price increases because altcoins are strongly influenced by bitcoin.Bitcoin is the king of all coins. When the value of Bitcoin goes down, so does the value of Altacoin, and when the value of Bitcoin goes up, so does the value of Altacoin.Basically all coins are related to Bitcoin.  But I have noticed a difference for several days that many altcoins have not followed the price movement of bitcoin. While the price of bitcoin was decreasing, the altcoin was gaining a little bit in value.

[judaspriest]

Altcoins still always follow the Bitcoin price, this has happened when the Bitcoin price was still below $10000,
especially when in 2016-2019 we know the movement of money from the crypto market and its cycles,
and it is proven that Bitcoin is the king of all cryptocurrencies, if bitcoin down, the altcoins will also go down

[nira09]

Altcoins still always follow the Bitcoin price, this has happened when the Bitcoin price was still below $10000,
especially when in 2016-2019 we know the movement of money from the crypto market and its cycles,
and it is proven that Bitcoin is the king of all cryptocurrencies, if bitcoin down, the altcoins will also go down

That's right, most of the Altcoins follow the Bitcoin trend, But sometimes there are some Altcoins that don't follow the Bitcoin trend for several different reasons such as because there is a big event, because they are in Hype or maybe because they are becoming a new trend maker.

[super bako]

Altcoins still always follow the Bitcoin price, this has happened when the Bitcoin price was still below $10000,
especially when in 2016-2019 we know the movement of money from the crypto market and its cycles,
and it is proven that Bitcoin is the king of all cryptocurrencies, if bitcoin down, the altcoins will also go down

That's right, most of the Altcoins follow the Bitcoin trend, But sometimes there are some Altcoins that don't follow the Bitcoin trend for several different reasons such as because there is a big event, because they are in Hype or maybe because they are becoming a new trend maker.

Yes, big events can be the target of big investors. be ready first to make the main pump that will make the price go up or make ATH and get big profits. sometimes there is a project holding a big event that has not been able to bring the coin soar, some of this is just to lure investors.

[pantek talacuik]

no matter what the altcoin price will continue to follow the Bitcoin price,
when the market is bearish then the altcoin price will be very volatile,
just imagine Bitcoin only drops -10 but the Altcoin price will respond with a DUMP of up to -20% or more,
that's why altcoins are so terrible when bears market than hold Bitcoin itself.

This is tantamount to illustrating what is going on with the graph of what will happen to Bitcoin. If you see a decline that is happening right now. very sad to see the price drop from last year.

[btc78]

If we look at the trend in the market, the price of Altcoins is strongly influenced by Bitcoin, when compared to a few years ago which was very dominant but now the influence of Bitcoin is decreasing, the presence of stable coins makes Altcoins more interesting and one day there will be Altcoins that can defeat Bitcoin.

Am not sure that bitcoin dominance or influence is dropping? look at the market mate do you think that there is other influencing altcoin than bitcoin? if you knew that there is other then best to tell us now because for me? it is still bitcoin than completely influencing the whole market.

no matter what the altcoin price will continue to follow the Bitcoin price,
when the market is bearish then the altcoin price will be very volatile,
just imagine Bitcoin only drops -10 but the Altcoin price will respond with a DUMP of up to -20% or more,
that's why altcoins are so terrible when bears market than hold Bitcoin itself.

This is tantamount to illustrating what is going on with the graph of what will happen to Bitcoin. If you see a decline that is happening right now. very sad to see the price drop from last year.

if you felt bad about the price dropping now from last year then you don't understand what is this market is all about.

Try digging in this market or even this forum now then you will understand what is behind the market.

[Mario Yamasaki]

It seems that the price of Altcoins always follows what happened to Bitcoin, like early August the price of Bitcoin continues to rise and make the price of Altcoins that I have also rises, and this week the price of Bitcoin Drops then the impact of Altcoins also drops.

[pantek talacuik]

If we look at the trend in the market, the price of Altcoins is strongly influenced by Bitcoin, when compared to a few years ago which was very dominant but now the influence of Bitcoin is decreasing, the presence of stable coins makes Altcoins more interesting and one day there will be Altcoins that can defeat Bitcoin.

Am not sure that bitcoin dominance or influence is dropping? look at the market mate do you think that there is other influencing altcoin than bitcoin? if you knew that there is other then best to tell us now because for me? it is still bitcoin than completely influencing the whole market.

no matter what the altcoin price will continue to follow the Bitcoin price,
when the market is bearish then the altcoin price will be very volatile,
just imagine Bitcoin only drops -10 but the Altcoin price will respond with a DUMP of up to -20% or more,
that's why altcoins are so terrible when bears market than hold Bitcoin itself.

This is tantamount to illustrating what is going on with the graph of what will happen to Bitcoin. If you see a decline that is happening right now. very sad to see the price drop from last year.

if you felt bad about the price dropping now from last year then you don't understand what is this market is all about.

Try digging in this market or even this forum now then you will understand what is behind the market.

I see that all can only predict in detail what will happen in the future. I don't see anyone who can really make sure the price will go down or up in the next few days on this forum. all are prediction graphs

[bitterguy28]

Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?

depends on the season , I mean this will always rely in the timing of the market , like for example when the market is nearing Bullying for Halving? then we can be assure of this altcoin following bitcoin because no matter what? investors will always go with option and that happens for Bitcoin and also for altcoins.
we can see over the years that even shitcoins made it on the top once bitcoin shows bullrunning.
and we can observe that every 4 years like this coming 2025 that another halving will come.

Actually, it's not forever if the price of btc goes up, the other alts will also go up. However, it seems that as we all know, if the price of btc goes up, the price of other alts will also increase. This is because btc is the most popular coin and controls about 50% of the crypto asset market

it is forever the trend mate , that Bitcoin will show the way and altcoin will go along .

[john1010]

Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?

As you can see from the market history, Altcoin are always followed to Btc movement, there's a rare situation that one of the ALTS made his own moves, it is scarce, but all of the ALTS have their own movements, and those movements are always rely on Bitcoin. That's how it was work.

[n0ne]

Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?

As you can see from the market history, Altcoin are always followed to Btc movement, there's a rare situation that one of the ALTS made his own moves, it is scarce, but all of the ALTS have their own movements, and those movements are always rely on Bitcoin. That's how it was work.

This is the reality of the market. Each and every price movement is connected with the altcoins. Whenever the bitcoin market turns bullish, the altcoin rally continue following bitcoin. At some point the bullish movement of bitcoin gets slowed down and the altcoins move good. This is termed to be the altcoin season. For now we haven't encountered any such in recent months. So, the next altcoin season will bring good bullish move with altcoins.

[MiF]

Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?

Altcoin price always depend on btc, because when you are an investor you will think twice to buy during bear season specially when you buy or trade altcoins with the use of btc pair, because you will only get a small amount of tokens when you buy it during bear season that is why most of the buyer choose to hold their btc instead of buying or trading it to another coins.

[Duzter]

Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?

Almost all Alts depends upon the price of Btc. Btc price show the fear and confidence of investors in crypto. Usually when BTC Up then big alts like Ethereum,bnb, Dot,Sol etc are also moving upside and if BTC down other coins down so quickly. The best time for alts coins is when BTC rise and the. Stable for some week there then all Alts starting to reach ATH.
We may seen fake pumo in bear market but all will be for short time and will apply on Low cap coins

Most altcoins go along with the status of Bitcoin. Now that we're in a bearish situation, we can't expect that there will be independent altcoins that could rise up while Bitcoin is down. They are all Bitcoin dependent and we can't question that because Bitcoin is a top coin and is also known as the father of all cryptocurrencies. During the bullish season, most potential altcoins also pump.

This is how we've got our cryptocurrency market. As we're in the bearish market we weren't able to experience price rally on bitcoin. In between there is some positive moves in the market, and that doesn't last for longer time period. Maybe with time we can experience a good bullish move with the altcoins followed by the growth taking place with bitcoin. Based on experts prediction, this is the time for traders to make good profit as there is regular fluctuation.

[peter0425]

Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?

As you can see from the market history, Altcoin are always followed to Btc movement, there's a rare situation that one of the ALTS made his own moves, it is scarce, but all of the ALTS have their own movements, and those movements are always rely on Bitcoin. That's how it was work.

and no one can deny that fact, actually it is more to call as reality right?

though they are calling 2018 as Altcoin year  yet everything is triggered when Bitcoin start up the climb in 2017 and that only followed that so called 2018 altcoins season.

If i were to decide ? i would rather invest in bitcoin first and then sell at high then Buy altcoins because for sure they will bring me another profit.

[awik p]

Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?

Almost all Alts depends upon the price of Btc. Btc price show the fear and confidence of investors in crypto. Usually when BTC Up then big alts like Ethereum,bnb, Dot,Sol etc are also moving upside and if BTC down other coins down so quickly. The best time for alts coins is when BTC rise and the. Stable for some week there then all Alts starting to reach ATH.
We may seen fake pumo in bear market but all will be for short time and will apply on Low cap coins

Most altcoins go along with the status of Bitcoin. Now that we're in a bearish situation, we can't expect that there will be independent altcoins that could rise up while Bitcoin is down. They are all Bitcoin dependent and we can't question that because Bitcoin is a top coin and is also known as the father of all cryptocurrencies. During the bullish season, most potential altcoins also pump.

This is how we've got our cryptocurrency market. As we're in the bearish market we weren't able to experience price rally on bitcoin. In between there is some positive moves in the market, and that doesn't last for longer time period. Maybe with time we can experience a good bullish move with the altcoins followed by the growth taking place with bitcoin. Based on experts prediction, this is the time for traders to make good profit as there is regular fluctuation.

basically the movement of bitcoin becomes a signal for the movement of altcoins that always follow it. and this happens because of the psychological factor of most people who believe in it and the high trust in bitcoin as the mother of cryptocurrency. until now bitcoin still dominates in cryptocurrency, even there are still many people who think that cryptocurrency is bitcoin. therefore if bitcoin experiences a reversal, then the opportunity for altcoins to jump higher

[Kadal Ijo]

If we want to see Altcoins, the easiest thing is to look at the price of Bitcoin, it must be admitted that the effect of bitcoin is too strong so that it can affect the market, if the price of dropping then Altcoins will follow and vice versa.

[RussianEnglishTranslation]

Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?

When bitcoin pumps, alts dump. When bitcoin dumps, alts dump. When bitcoin goes sideways, alts pump. Alts only pump while bitcoin pumps during a bullrun. You can either just hold BTC or buy some POS cryptos like NEAR, ICP, CNDL and stake them until you have enough money to retire.

[carlfebz2]

Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?

When bitcoin pumps, alts dump. When bitcoin dumps, alts dump. When bitcoin goes sideways, alts pump. Alts only pump while bitcoin pumps during a bullrun. You can either just hold BTC or buy some POS cryptos like NEAR, ICP, CNDL and stake them until you have enough money to retire.

Really hard to stick out with some patterns because it cant really be just happening most of the time where pumps could neither be going along or would be totally goes opposite.It does vary on certain conditions

but if we do look back into the past movements then you could really say that it would really be that totally in random.Altcoins could neither go up doesnt basing on BItcoin trend but we cant really just able to avoid

or make out conclusions that whenever bitcoin is on a dumping state then most of coins been dragged on eventually or most of the time which is something that you should really anticipate or expect
when this happens.