Is Altcoins Follow BTC Rally?

[AjithBtc]

Most of the time altcoins follow the bitcoin market movements. It can lead to price pumping as well as dump. The price rally can never be conclusive on specific market pattern. It varies and we need to make changes to the holdings, so that portfolio won't get disturbed much. An easy choice is to invest when the bitcoin market is bearish, and sell when the market turns bullish.

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[kapalmabur]

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.

Until now, Bitcoin is still a benchmark for other altcoins in determining their price,
I think we can see in the market today that the price of Bitcoin is going down and the price of altcoins is also going down,
hope Bitcoin will skyrocket again soon

[Reatim]

that has been proven mate, How long have you been existed in this market and this forum? aren't you aware of those things? have you not seen that Only bitcoin can influence the whole market to join this as it grows or even as it drops?
this is how the market goes mate for all the years existed of crypto.

[rodskee]

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.

Until now, Bitcoin is still a benchmark for other altcoins in determining their price,
I think we can see in the market today that the price of Bitcoin is going down and the price of altcoins is also going down,
hope Bitcoin will skyrocket again soon

and also hw can we call bitcoin as a top rank coin if this will not lure altcoin to move together with it as this is the most trusted and the highest capitalized currency? what i wanna see is that altcoin will ever grow without bitcoin making its way up.

that has been proven mate, How long have you been existed in this market and this forum? aren't you aware of those things? have you not seen that Only bitcoin can influence the whole market to join this as it grows or even as it drops?
this is how the market goes mate for all the years existed of crypto.

indeed and supported as for my years here ? it is always bitcoin that made its starting and soon altcoin will grow as well, or bitcoin will dump so as altcoins.

[nadi_omar]

You know, when I started my way in crypto, I didn’t have any mentors and had to learn from my own mistakes and so on. It’s a pity that I didn’t know about Bitcointalk then. I could ask a lot. So if you need my advice then I would recommend you to pay attention to DREEM Metaverse. Just look them up on the Internet and you will understand why I strongly advise you to pay attention to them.

[andriarto]

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.

In order to monitor the market, we can simply track the movement of bitcoin in order to determine the current trend of the market. Bitcoin is still dominating the market, bitcoin capitalization still accounts for nearly 50% of the market capitalization. so we will hardly see an altcoin that will go against the trend with bitcoin. The entire market is still dependent on bitcoin.

our task when bitcoin is experiencing a rally is to find potential altcoins to buy. if we can be observant to take advantage of this moment then we can get a fantastic income. it is almost certain that many altcoins will follow the movement of bitcoin, as is the case in bearish times like today, where almost all altcoins have decreased too, some have even reached a 90% decline, and are altcoins like that worth buying, I think back to DYOR

[Ayers]

that has been proven mate, How long have you been existed in this market and this forum? aren't you aware of those things? have you not seen that Only bitcoin can influence the whole market to join this as it grows or even as it drops?
this is how the market goes mate for all the years existed of crypto.

bitcoin is the creator of this cryptocurrency market so it is not surprising that bitcoin is dominating the entire market,
unlike other markets, like stocks, all work independently and trends depend on the development of the company behind that stock
but in cryptocurrency, no matter how good your coin is, you still have to follow the movement of bitcoin, cannot go against the trend of bitcoin
bitcoin is the biggest trust maker for the market, once bitcoin is dumped all coins will follow, once confidence in bitcoin is increased, bitcoin will rise and altcoins will follow

[Jose Mourinho]

it is certain that all altcoins follow the growth of bitcoin, because bitcoin is the main foundation of the crypto market and is an investment that is prioritized by every people, this can be seen clearly when BTC has increased altcoins also have increased and vice versa, and I think bitcoin is creator of the cryptocurrency market so it is not surprising that bitcoin can dominate the entire existing market.

[jesselui]

domination. It can be explained as follows: In some cases, people feel at risk and go to the safe place bitcoin. It doesn't matter if it's rising or falling, this increases the dominance of bitcoin. As bitcoin dominance increases, money flows from altcoins to bitcoin, which means altcoins fall but bitcoin rises. In some cases, bitcoin doesn't change much. There is no risky situation. People prefer to buy altcoins over bitcoin, which means dominance drops. Thus, the altcoin price rises.

[saladin7000]

domination. It can be explained as follows: In some cases, people feel at risk and go to the safe place bitcoin. It doesn't matter if it's rising or falling, this increases the dominance of bitcoin. As bitcoin dominance increases, money flows from altcoins to bitcoin, which means altcoins fall but bitcoin rises. In some cases, bitcoin doesn't change much. There is no risky situation. People prefer to buy altcoins over bitcoin, which means dominance drops. Thus, the altcoin price rises.

I have a different view from you, where what is said to be dominance is that everything can be arranged and follow its movements, for example bitcoin, altcoins always follow the movement of bitcoin both down and up, this is because the dominance of BTC is very high and has a very important role with market changes, the most important thing to remember is investing in crypto is something that is very risky and there is no safe point there, because we will never know what will happen in the crypto world in the, but when viewed from the popularity BTC and some altcoins, have a very bright future, because their popularity from time to time is getting higher and more and more in demand by everyone for investment because it can provide profits.

[mbakruroh]

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

If the Bitcoin chart turns green, then Alt also turns green. And it has a very correlation relationship with Alt. We know the owners of the Alt project have Bitcoin reserves to pump their coins at any time.
Apart from that, the Alt to BTC sell order will also bring changes to the chart.
For example ETH/BTC if the Bitcoin price increases and the chart turns green, the ETH chart will automatically turn green, even though the order value remains the same.

[KennyR]

indeed most of the time when bitcoin goes up altcoins also go up but there are also altcoins that are slow to follow the price increase, and that's because it depends on the person who buys the altcoin, if those who buy a lot of the price will be high, if those who buy it don't, it will be too late to go up. I think it depends on the purchase.

Yeah, the market varies based on the volume being traded. This situation is being felt at present. The price of bitcoin have grown by 3.3% whereas the ethereum have fallen by 2% which isn't a big change. It is something based on the variation between the buying. Now more people could've moved from altcoins towards bitcoin which seems like the reason for the growth of bitcoin and decline with altcoins.

[Gayong88]

Since the rise of Cryptocurrencies almost a decade ago, Bitcoin has been at the forefront of the movement and it seems like. I think It's hard to find a clear answer as to why Alts follow BTC prices. We know that it does happen, and we also know that it can be affected by a number of different factors. For example, there is some evidence to suggest that Altcoin prices may drop before Bitcoin prices fall. After Bitcoin fell, other cryptocurrency markets followed suit and fell as well.

[bounceback]

If we want to see the market conditions then just look at the price of Bitcoin, this has been going on for a long time because Altcoins always follow the trends that occur with Bitcoin, maybe there is Altcoin that can go against the flow but I'm sure it will not happen for a long time.

What do you think about stablecoins? I think stablecoins move against Bitcoin.
I often see the prices of stablecoins increasing whenever the price of Bitcoin is decreasing. People often move their assets to stablecoins once the Bitcoin price drops. So, in this matter, it is untrue that the price of altcoins always follows the Bitcoin trend. In fact, there is altcoins (stable coins), that don't follow the Bitcoin trend.

This will only apply to stablecoins that are pegged to commodity assets or with national currencies, so apart from that I think almost all altcoins on the market will always follow the movement of btcoin because bitcoin is the only coin that determines the price movement of other coins in the market and so far it has been proven that we often see when there is a decline experienced by bitcoin, it will make other coins also experience a decline, even exceeding the decline experienced by bitcoin.

[Novita]

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

If I think about the correlation between Bitcoin and Altcoins, you also know that between them both Bitcoin and Altcoins, the movements are sometimes compatible, or even opposite. An example occurred in mid-May this year, where the price of Bitcoin and Altcoin collapsed simultaneously, but their relationship was HTS, aka a relationship without status.
So overall, one can see Bitcoin as a less risky and more certain investment option. Meanwhile, most new altcoins are usually very risky, especially when their market cap is low. However, in most market situations, the price of Altcoins can be closely related to the price of Bitcoin. Altcoins often follow Bitcoin price movements with slight to large differences.

[blockman]

BTC has always been the standard of market performance, if Bitcoin rises then Altcoins also rises or vice versa, this is difficult to replace because investors always make Bitcoin for assets, even though Marketcap and Daily Trading are getting smaller but I'm sure Bitcoin will always be standard and market size whether red or green.

And most of the pairs in the market are with bitcoin and it's everywhere. That's why whenever bitcoin pumps, the alts are also doing the same manner.
This is hard to replace and even people think that it's likely that the motion of bitcoin will be changed and alts won't follow it at the right time, they're wrong on that assumption.
Because the fact is that bitcoin will always be the king and alts are just minions on this market.

[Wong Gendheng]

Altcoin and btc are two different platform so altcoin are not follow btc but some cases some altcoin are follow .
altcoin are very profitable but if you want any new altcoin so first check the roadmap and all important thing check there community and there team work .

The presence of a stable coin makes the position of Bitcoin decreases, even the largest daily transaction volume at this time is stable coins, although the influence of Bitcoin continues to decline but we must admit that it still has an impact on the market, it is proven that the price of BTC is down, it is certain that it will be followed by Altcoins.

[Tony116]

If we want to see the market conditions then just look at the price of Bitcoin, this has been going on for a long time because Altcoins always follow the trends that occur with Bitcoin, maybe there is Altcoin that can go against the flow but I'm sure it will not happen for a long time.

What do you think about stablecoins? I think stablecoins move against Bitcoin.
I often see the prices of stablecoins increasing whenever the price of Bitcoin is decreasing. People often move their assets to stablecoins once the Bitcoin price drops. So, in this matter, it is untrue that the price of altcoins always follows the Bitcoin trend. In fact, there is altcoins (stable coins), that don't follow the Bitcoin trend.

Does anyone invest in stablecoins? do you invest in them for profit? Definitely not, right?. In my opinion, stable coins do not count in this case, since we are talking about non-bitcoin but potentially profitable coins.
The market leader is still bitcoin, and if bitcoin does not rise, all altcoins will not rise either, or vice versa. Investing in altcoins just looking at the volatility of bitcoin is enough, no need to run after too many other coins

[romero121]

we can't avoid it, because indeed the price of Bitcoin is the determinant of all altcoins,
even Ethereum, Cardano, Solana also follow the price of Bitcoin, when bitcoin drops like today,
then watch!, you will know the answer! yes! all the altcoins today are also dumps,
of course this will still happen if the altcoins are not in season

During the altcoin season there will be variation in the growth between bitcoin and altcoins. The market changes that happened today is more than enough to explain that altcoins follow the market trend of bitcoin. Morning there is a drop and the entire market is marked red and now there is progress with bitcoin and the entire market have turned green.

[kotajikikox]

Since the rise of Cryptocurrencies almost a decade ago,

almost a decade? lol Bitcoin existence stands to almost 13 years now and that is almost but more than a decade.

Bitcoin has been at the forefront of the movement and it seems like. I think It's hard to find a clear answer as to why Alts follow BTC prices.

it is easy, people who believes in crypto trust bitcoin first more than altcoins so it is the reason why altcoins keeps following  bitcoin.

We know that it does happen, and we also know that it can be affected by a number of different factors. For example, there is some evidence to suggest that Altcoin prices may drop before Bitcoin prices fall. After Bitcoin fell, other cryptocurrency markets followed suit and fell as well.

altcoin fell after bitcoin and not before bitcoin and those are from my understanding and experiences .

we can't avoid it, because indeed the price of Bitcoin is the determinant of all altcoins,
even Ethereum, Cardano, Solana also follow the price of Bitcoin, when bitcoin drops like today,
then watch!, you will know the answer! yes! all the altcoins today are also dumps,
of course this will still happen if the altcoins are not in season

well, if you happen to be here in 2018? then you'll change your mind about that as the altcoin season rich its top those days.