Are we going to see a new altcoin boom soon

[MiF]

When bitcoin rise above 60k$ or reach a new ATH maybe the altcoins will be having a big boom, i think we already experienced this before so there is no need to ask we know that most of the altcoins is a bitcoin dependent and if bitcoin fall down beyond our expectations we can also expect altcoins to also fall quickly no doubt about it.

[jaberwock]

When bitcoin rise above 60k$ or reach a new ATH maybe the altcoins will be having a big boom, i think we already experienced this before so there is no need to ask we know that most of the altcoins is a bitcoin dependent and if bitcoin fall down beyond our expectations we can also expect altcoins to also fall quickly no doubt about it.

It happened exactly that way. When we reached 68k levels, the price of altcoins rise as well since they were same against bitcoin but bitcoin was higher against dollar so it went up. Not only that, but after it dropped to like 58k levels, alts kept on going up, which caused almost all of the altcoin boom that we have seen during that period.

I am not really sure if it will happen again or not, but I know that it is certainly not a bad expectation. Whenever bitcoin goes up, we are going to see other coins to go up as well, and if it is a huge hype then alts will go on even after bitcoin. But if we are talking about like 10%, then it will go up and down together.

[rhodelmabanal]

Most of the market is beginning to pick up in recent times and altcoin look left behind in the recent market boom.

What are we going to expect from the altcoin market with this new market boom will altcoin see a new phase in the market or Bitcoin will continue with the market trend?

Well do not generalized all altcoins i see some altcoins that still rising even if the bitcoin is down trend one of the altcoin is the PYR most of the altcoin is down when btc is down but there are also coins that still slowly rising even if the market is in down trend, i prefer to invest on some new coins in play to earn platform.

[CottonEdwiin]

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[Amicable55]

Some projects are suitable for long-term investment, and some of them are short-term best. Nowadays as we study the previous history related to Crypto or Altcoins or new coins, Average coins launch and rise and make their space in the crypto world. If a coin holds for a long time it may or may not be beneficial for you. But if that coin rises and makes a large candle then it will give you a lot of money. If the coin gets stable in the market then it will boom 100%.

[jeha2015]

When bitcoin rise above 60k$ or reach a new ATH maybe the altcoins will be having a big boom, i think we already experienced this before so there is no need to ask we know that most of the altcoins is a bitcoin dependent and if bitcoin fall down beyond our expectations we can also expect altcoins to also fall quickly no doubt about it.

they move parallelly in market , bitcoin rise and altcoin will do more. corellation with altcoin and bitcoin could not separated , its a balancing in market and money flow from coins to other coins. by looking bitcoin price, its rellatively easy to see altcoin price movement. maybe bitcoin as main market sentiment that influenced altcoin price.

[whiteblue]

they move parallelly in market , bitcoin rise and altcoin will do more. corellation with altcoin and bitcoin could not separated , its a balancing in market and money flow from coins to other coins. by looking bitcoin price, its rellatively easy to see altcoin price movement. maybe bitcoin as main market sentiment that influenced altcoin price.

The biggest ownership of crypto market movement is controlled by Bitcoin because without BTC increase, no altcoin can reach maximum increase, Bitcoin as market movement sentiment, support for BTC increase has positive impact on all aspects of cryptocurrency.

[kesmex]

they move parallelly in market , bitcoin rise and altcoin will do more. corellation with altcoin and bitcoin could not separated , its a balancing in market and money flow from coins to other coins. by looking bitcoin price, its rellatively easy to see altcoin price movement. maybe bitcoin as main market sentiment that influenced altcoin price.

The biggest ownership of crypto market movement is controlled by Bitcoin because without BTC increase, no altcoin can reach maximum increase, Bitcoin as market movement sentiment, support for BTC increase has positive impact on all aspects of cryptocurrency.

We cannot deny that the altcoin market is still heavily influenced by the price of Bitcoin,
although not all of them but if you look in the list of top 10 coins it is really affected,
Bitcoin's movement is also still volatile and let's see what it will turn out to be

[wiss19]

The amount of people who think that we should be doing fine right now and altcoins should be booming soon is sort of a proof. Why? Because if everyone thinks that it will boom, they will end up buying it, why not buy something that you think that will go up? If you think it will go up, then buying means profiting when it goes up so that is a proof in itself.

If everyone thinks it will boom and because of that everyone buys, then the market will be filled with buy orders and the price will go up. This is simple mathematics, doesn't have to 100% correctly hit each time, but also just shows that the market is expecting it to go up for sure.

[DanWalker]

When bitcoin rise above 60k$ or reach a new ATH maybe the altcoins will be having a big boom, i think we already experienced this before so there is no need to ask we know that most of the altcoins is a bitcoin dependent and if bitcoin fall down beyond our expectations we can also expect altcoins to also fall quickly no doubt about it.

It happened exactly that way. When we reached 68k levels, the price of altcoins rise as well since they were same against bitcoin but bitcoin was higher against dollar so it went up. Not only that, but after it dropped to like 58k levels, alts kept on going up, which caused almost all of the altcoin boom that we have seen during that period.

I am not really sure if it will happen again or not, but I know that it is certainly not a bad expectation. Whenever bitcoin goes up, we are going to see other coins to go up as well, and if it is a huge hype then alts will go on even after bitcoin. But if we are talking about like 10%, then it will go up and down together.

I believe it will continue to happen because that is how the market works, the dependence of altcoins on bitcoin is so great that it is difficult to separate. As long as bitcoin recovers, we will soon see a boom in altcoins, so just observing bitcoin price movements to get an idea of the price movement of altcoins.

[marcous]

The biggest ownership of crypto market movement is controlled by Bitcoin because without BTC increase, no altcoin can reach maximum increase, Bitcoin as market movement sentiment, support for BTC increase has positive impact on all aspects of cryptocurrency.

I think it's very clear and also has been very proven since the past until now because those who often visit the market every day also know that Bitcoin is the main coin which is still very influential in terms of pumping all the other altcoin in the market anytime.

[bigjuk]

The amount of people who think that we should be doing fine right now and altcoins should be booming soon is sort of a proof. Why? Because if everyone thinks that it will boom, they will end up buying it, why not buy something that you think that will go up? If you think it will go up, then buying means profiting when it goes up so that is a proof in itself.

If everyone thinks it will boom and because of that everyone buys, then the market will be filled with buy orders and the price will go up. This is simple mathematics, doesn't have to 100% correctly hit each time, but also just shows that the market is expecting it to go up for sure.

People like that are only consumed by the hype because if someone is an influencer in crypto saying we are going to a bull run soon they will believe it. Bull run is actually very difficult to detect because the market movement is always changing in a short time. from this effort i think we can take some time to choose the top altcoins to buy before the market really shows bullish strength.

[TheClownSong]

they move parallelly in market , bitcoin rise and altcoin will do more. corellation with altcoin and bitcoin could not separated , its a balancing in market and money flow from coins to other coins. by looking bitcoin price, its rellatively easy to see altcoin price movement. maybe bitcoin as main market sentiment that influenced altcoin price.

The biggest ownership of crypto market movement is controlled by Bitcoin because without BTC increase, no altcoin can reach maximum increase, Bitcoin as market movement sentiment, support for BTC increase has positive impact on all aspects of cryptocurrency.

We cannot deny that the altcoin market is still heavily influenced by the price of Bitcoin,
although not all of them but if you look in the list of top 10 coins it is really affected,
Bitcoin's movement is also still volatile and let's see what it will turn out to be

it is really happen at this moment , and why we see bitcoin dominance analisys that usually traders used to. majority altcoin will get positive of negative impact from bitcoin movement, but some of them could decouple bitcon price and this kind of altcoin must observed to find how could this happen, is there any special special reason for it. when we know it, even in bearish market we still able to earn profit by buying altcoin.

[lalabotax]

When bitcoin rise above 60k$ or reach a new ATH maybe the altcoins will be having a big boom, i think we already experienced this before so there is no need to ask we know that most of the altcoins is a bitcoin dependent and if bitcoin fall down beyond our expectations we can also expect altcoins to also fall quickly no doubt about it.

Altcoin boom must be followed after Bitcoin boom. Since Bitcoin price is in a decrease period, it is difficult to expect another altcoin boom. As you said, we already experienced a Bitcoin boom last year, so this year is the decrease on Bitcoin price (correction phase). As long as Bitcoin price experienced a downtrend, altcoins also follow it. That's why many altcoin prices are decreasing so much nowadays. Next altcoin boom probably happens in the next Bullrun, in 2024-2025.

[Tellek Garing]

Yeah in most cases the both market follow the same trend altcoin most time depends on the Bitcoin market to make any significant move be it bull movement or bear market but at this period it hard for one to define the present conditions of the altcoin market some altcoins made tremendous movement recently with shiba inu making a sudden uptrend movement even while other altcoins where on correction mode.

[aditasetia123]

Yeah in most cases the both market follow the same trend altcoin most time depends on the Bitcoin market to make any significant move be it bull movement or bear market but at this period it hard for one to define the present conditions of the altcoin market some altcoins made tremendous movement recently with shiba inu making a sudden uptrend movement even while other altcoins where on correction mode.

some altcoin will show its strenght although bitcoin price drop, whales or big investors move their money to another coins that maybe thinked cheap and have low risk if pumped. bitcoin and altcoin price mostly move parallelly , so if understand how to enter and exit market maybe it be best opportunity.

[Farma]

Altcoin boom must be followed after Bitcoin boom. Since Bitcoin price is in a decrease period, it is difficult to expect another altcoin boom. As you said, we already experienced a Bitcoin boom last year, so this year is the decrease on Bitcoin price (correction phase). As long as Bitcoin price experienced a downtrend, altcoins also follow it. That's why many altcoin prices are decreasing so much nowadays. Next altcoin boom probably happens in the next Bullrun, in 2024-2025.

well, based on experience, once the price of bitcoin rises to ATH, then the following year will be a correction. however, the thing to note is, the bitcoin ATH price is around $60k, and currently the price is still in the $41k range, so I feel that the correction is not as deep as before. even now the potential to go back up to $60k is still pretty big. well, I just hope that in the near future, we can see a new ATH without having to wait for the halving or next year again. but, still, the short-term prediction for bitcoin price could go up to $43k, and if the price continues to rise, it may be as high as $48k. well, it's getting close to ATH, so I hope this continues.

Prediction Source: https://cointelegraph.com/news/price-analysis-4-20-btc-eth-bnb-xrp-sol-ada-luna-avax-doge-dot

[Tellek Garing]

Yeah in most cases the both market follow the same trend altcoin most time depends on the Bitcoin market to make any significant move be it bull movement or bear market but at this period it hard for one to define the present conditions of the altcoin market some altcoins made tremendous movement recently with shiba inu making a sudden uptrend movement even while other altcoins where on correction mode.

some altcoin will show its strenght although bitcoin price drop, whales or big investors move their money to another coins that maybe thinked cheap and have low risk if pumped. bitcoin and altcoin price mostly move parallelly , so if understand how to enter and exit market maybe it be best opportunity.

Most users includding myself believe strongly that the altcoin my depends in Bitcoin to determine the direction the market goes that is why most tome the altcoin market will wait for Bitcoin to make any market decision be it negative or positive.

Not at the moment Bitcoin is signaling the 43k region which is an indication that the market is on a recovery mood and at that altcoin will soon show some positive moves also but the altcoin market is full of many manipulations from the team involved.

[Thesabutay]

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[stomachgrowls]

Yeah in most cases the both market follow the same trend altcoin most time depends on the Bitcoin market to make any significant move be it bull movement or bear market but at this period it hard for one to define the present conditions of the altcoin market some altcoins made tremendous movement recently with shiba inu making a sudden uptrend movement even while other altcoins where on correction mode.

some altcoin will show its strenght although bitcoin price drop, whales or big investors move their money to another coins that maybe thinked cheap and have low risk if pumped. bitcoin and altcoin price mostly move parallelly , so if understand how to enter and exit market maybe it be best opportunity.

If you've been here on this market for a while then you had already familiarized on how bitcoin and altcoins move in between trend but most of the time it would really be that correlated.

You are familiar on how things to be on ending up on the same trend or would really be totally opposite to each other.On every decline there are indeed coins which are standing strong
despite of the bearish trend which does indicate that it does have strong support which is something not new to be seen on this place.So making decision would
a little bit hard when you are tending to accumulate something.