Is Altcoins Follow BTC Rally?

[yohananaomi]

of course altcoins will follow the movements on bitcoin price mate
but when bitcoin start to grow, alt price will down for a while because a lot of people move their money to bitcoin
then after bitcoin price sideways, altcoins will start growing, thats what i see in this crypto market
regards

It is very clear that you are saying that when bitcoin experiences something altcoins usually have an impact but not for all altcoins that are usually influential are the top-ranking altcoins that receive the main impact, but not other altcoins, usually altcoins that are still trading are still actively trading on the exchange.

but I don't agree that altcoins are decreasing because people are moving their money to bitcoin. Their market shares are intertwined, but when bitcoin goes up, altcoins are not always sure to move up as well, but the impact is a few moments later. only ethereum always follows every movement wherever bitcoin moves, so he also follows it.

[TastyChillySauce00]

Of course the Altcoins movement has always followed Bitcoin's movement, because the market is always dominated by Bitcoin and also Bitcoin as
the mother of the cryptocurrency will always affect the price movements of altcoins. I've even invested in Bitcoin and altcoins for more than
4 years, always look at Bitcoin pump  first  after that followed by an increase in the price of altcoins. This happened over and over again, so be careful
if the Bitcoin price dumps suddenly, it won't take long for the altcoin price to dump too.

maybe in dollar price, altcoin price follows bitcoin price increase, but as we can see, currently bitcoin price has more dominant increase than altcoin. in fact, some altcoins have fallen or even expanded, in price. however, there haven't been any significant developments regarding the bitcoin pair, but at this point, we can see that not all altcoins are following bitcoin.

It's always like that, if the price of bitcoin skyrockets the value of alts in form of BTC usually decrease, but the value of alt in USD usually still stays the same or even go up due to the effect of bitcoin price going up.
But, the overall market movement still following the trend of bitcoin like whether we're in bullish market or bearish market.
Just see how when bitcoin got dumped so hard in 2018 if im not mistaken, the alts also having such a bad market down trend but now we've seen bitcoin go up like crazy it triggers other coins to get bullish as well.

[Danslip]

That is what happened on last market pump way back 2017-2018. Top 10 coins are pumping along with the altcoins that is why a lot of people that time experienced bullrun but based on the market we have right now, it is not happening. Only top coins are inceasing day by day and the altcoins are moving slowly, worst is some of it decrease.

The influence of bitcoin has indeed made altcoins bull. I think by being able to guess the price movements of bitcoin we can find out that altcoins always follow the direction of bitcoin, this is what happened like the previous year. but when the big dump happened. altcoins can be sure that the decline is quite large. We can see this on the previous year's chart and it will repeat itself

The previous years were perfect examples of why to not get in HYPE with altcoins if the BTC price is going to make new higher high price levels. Whenever the BTC price rejects the resistance on charts, altcoins also suffer to go higher. The correlation is strong, altcoins tend to follow the general market more than a single cryptocurrency.

[avarnet]

That is what happened on last market pump way back 2017-2018. Top 10 coins are pumping along with the altcoins that is why a lot of people that time experienced bullrun but based on the market we have right now, it is not happening. Only top coins are inceasing day by day and the altcoins are moving slowly, worst is some of it decrease.

The influence of bitcoin has indeed made altcoins bull. I think by being able to guess the price movements of bitcoin we can find out that altcoins always follow the direction of bitcoin, this is what happened like the previous year. but when the big dump happened. altcoins can be sure that the decline is quite large. We can see this on the previous year's chart and it will repeat itself

Therefore with a fairly high rise now like this this should be a momentum to sell. we don't have to wait any longer to get more benefits. Altcoins have received hundreds of percent increases and if we invest, of course the profits we get are quite large. don't want more and more people to be complacent about the conditions that happened in the past

[Sled]

Watch out,  bitcoin is dumping right now, altcoins are following as well.

Everytime there's a dump, I can't help by think it could be a correction that is due to happen, hopefully bitcoin will still survive on this and it will start to rise again but if it's really time for correction, we can't do anything but just watch the price going down and of course altcoins will be affected big time.

check the market, https://coinmarketcap.com/, it's red everywhere now.

[onecall123]

Watch out,  bitcoin is dumping right now, altcoins are following as well.

Everytime there's a dump, I can't help by think it could be a correction that is due to happen, hopefully bitcoin will still survive on this and it will start to rise again but if it's really time for correction, we can't do anything but just watch the price going down and of course altcoins will be affected big time.

check the market, https://coinmarketcap.com/, it's red everywhere now.

Looks like someone pulling out their profits, this is not very first time but every time it's repeating. When you do believe it's too expensive to make entry, here's your turn getting everything at this low.
It will continue to moon as before and potentially jump on. In case we should take a close look at this market and grab those FREE money!

[AssociatesBumble579]

Bitcoin always dominates the crypto market, which means that a decrease or increase in the value of a coin in the crypt market is accompanied by a decrease or increase in the value of bitcoin. So in this sense, it can be said that the speed of altcoin flows with the speed of bitcoin.

[sayaya17]

What I see in the crypto market is like this, when bitcoin grows altcoins will definitely follow suit. Because bitcoin is one of the most interesting investment options,
bitcoin always dominates other crypto assets like most altcoins. which then ethereum is the second crypto asset that many enthusiasts besides bitcoin.
When Bitcoin goes down, most other altcoins will go down as well, but we can still find altcoins that don't follow bitcoin's direction.

[Ozero]

Bitcoin always dominates the crypto market, which means that a decrease or increase in the value of a coin in the crypt market is accompanied by a decrease or increase in the value of bitcoin. So in this sense, it can be said that the speed of altcoin flows with the speed of bitcoin.

This doesn't always happen now. A few days ago, I was looking at the prices of cryptocurrencies on CoinMarketCap at a time when Bitcoin plummeted in price and was pleasantly surprised. Many altcoins did not follow the Bitcoin price movement and continued to show decent price gains. Moreover, this happened in the next few days, so it cannot be said that they simply did not have time to react to changes in prices on the market. Now, of course, only a few of them are still in green.
However, during the period of the current rise in the price of bitcoin, many altcoins have already reached high prices and this can actually be called a very peculiar season of altcoins.

[wxxyrqa]

Bitcoin always dominates the crypto market, which means that a decrease or increase in the value of a coin in the crypt market is accompanied by a decrease or increase in the value of bitcoin. So in this sense, it can be said that the speed of altcoin flows with the speed of bitcoin.

This doesn't always happen now. A few days ago, I was looking at the prices of cryptocurrencies on CoinMarketCap at a time when Bitcoin plummeted in price and was pleasantly surprised. Many altcoins did not follow the Bitcoin price movement and continued to show decent price gains. Moreover, this happened in the next few days, so it cannot be said that they simply did not have time to react to changes in prices on the market. Now, of course, only a few of them are still in green.
However, during the period of the current rise in the price of bitcoin, many altcoins have already reached high prices and this can actually be called a very peculiar season of altcoins.

The fact is that, according to many analysts, this correction is called technical. And yet, because of this, there is no need to panic, since such processes occur constantly after the active growth of the cryptocurrency rate. In the current period, not only ordinary users of cryptocurrency, but also big capital are looking for more profitable positions to enter the market, such as at the moment.

[Icologies]

if viewed from the current reality can be said like that when bitcoin has risen altcoin follows up but there is a slight difference in this Altcoins will not be able to follow like bitcoin, altcoins are only rising slowly and of course it takes a long time

[susuberuang]

if viewed from the current reality can be said like that when bitcoin has risen altcoin follows up but there is a slight difference in this Altcoins will not be able to follow like bitcoin, altcoins are only rising slowly and of course it takes a long time

Yes, I agree with you if altcoins grow when bitcoin is increasing, of course with a very different volume, but the point is that altcoins cannot do much if BTC has experienced a massive decline, the most valid example was in 2017 where BTC fell very drastically  until it hits the 50 million mark, here we don't see any growth at all against altcoins, I conclude that BTC is the parent of all altcoins,

[meldrio1]

Most of the altcoins paired with bitcoin price so there is an effect the prices of altcoins if bitcoin is increase. If the bitcoin pumps then the altcoins will follows but if bitcoin dumps then the altcoins will dump as well... and sometimes altcoins will not following bitcoin movements so not every time the altcoins will follow bitcoin.

[soramon]

not correlated, but one fission and the same mission, which is to make it easier for all of us, only in my view. Alts do not always follow the price of bitcoin, that is, it does not mean that bitcoin increases so that alts also go up, but the impact that is given to alts must be with the rise and fall of bitcoin prices. "doesn't always follow"

[Stella Mese]

Indeed, most alts always follow btc, if btc goes up, altcoins also go up, and many factors cause altcoins to follow btc, and one of them is because of people's psychology, so most people when they want to buy altcoins always look at btc

[hichamito37]

Indeed, most alts always follow btc, if btc goes up, altcoins also go up, and many factors cause altcoins to follow btc, and one of them is because of people's psychology, so most people when they want to buy altcoins always look at btc

bitcoin is the king of the market so it is not difficult to understand that the entire movement of the market depends on bitcoin
you won't find growth altcoins if bitcoin drops in price, so when buying any altcoin, keep an eye on bitcoin's price movement.
but every time bitcoin drops slightly, altcoins will drop very strongly so it is advisable to invest most of it in bitcoin, only a small part should be put in altcoins

[CapGelatik]

Indeed, most alts always follow btc, if btc goes up, altcoins also go up, and many factors cause altcoins to follow btc, and one of them is because of people's psychology, so most people when they want to buy altcoins always look at btc

it has become a tradition, and has existed since the first altcoin was launched in the world of cryptocurrencies,
we can't avoid it, all we can do is follow it, it's easy, just sell our altcoin if the market is bearish, or bitcoin is dumps.

[GelatikKembar]

Altcoins will not be separated from Bitcoin unless there is good news for the altcoins themselves,
but indeed not all of them can come out, Bitcoin is the parent of cryptocurrencies, and there is a cycle in it,
when Bitcoin goes up you can buy altcoins, and if bitcoin goes down of course altcoins will also go down.

[Pujangga]

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.

[CapGelatik]

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.