Will the altcoin go up in price if the bitcoin price goes up?

[Bazzu]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

[1715528476]

1715528476

[1715528476]

1715528476

[1715528476]

1715528476

[1715528476]

1715528476

[1715528476]

1715528476

[wxa7115]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

That is just the way the cycles of this market work, the bear market finished not long ago and investors are still very cautious about how they invest their money and they prefer to take the safest choice they can at the moment, and there is no doubt that investors are picking bitcoin as their safe haven.

However once the memories of the bear market fade and the bull market becomes more apparent investors will be willing to take higher risks, and this is when altcoins begin to outperform bitcoin, a process most commonly known as the altcoin season.

[Mr.sprin]

Bitcoin is like a king for other alcoins, you can pay attention to every step of bitcoin, then alcoins follow it, for example, now that the price of bitcoin has dropped dramatically, the price of alcoin has also fallen and vice versa, if the price of bitcoin has risen, the price of alcoin has also gone up, this is not because there is no trust in alcoin but indeed bitcoin is a big coin there are no big coins other than bitcoin so it is very appropriate for alcoin to follow in the footsteps of bitcoin it is just my assumption that if something is missing please cross it out.

[adzino]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

It's true that altcoins most of the time follow Bitcoin's price movements, but it's not always a direct correlation. Sometimes, altcoins might react differently due to various factors like market sentiment and hypes that are created due to project updates. If you look at the charts, you will notice that most of the times, when the price of bitcoin when up fast, other altcoin had the same change, but also when the price of bitcoin started to drop, the altcoins started to drop even worse. Bitcoin can give a general direction to the market, there's no guarantee that alts will always follow the same pattern since the market is very volatile and unpredictable.

[Strongkored]

Bitcoin is the pattern of the crypto market, when the price rises it will affect altcoins, but from every time I notice the increase in altcoins only in usd terms but the value of altcoins in btc remains unlike the previous price. So only a few altcoins can be kept for the long term the rest are only for taking short-term profits because in the end BTC still provides more certain profits except for a few altcoins such as ETH, BNB and Dogecoin and others whose development is quite clear and directed.

[jossiel]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

You have to remember that the market is too unpredictable and that's why it's not always correlated for its pumps. Sometimes they are and sometimes they're not.

As we can see, there have been times that it was inversely proportional and sometimes it was the explanation that you've mentioned.

This is how the market works and there's no exact and accurate calculations for the gains and losses that bitcoin and altcoins are getting.

[robattfield]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

First of all I want you to forget all about the calculation formula that you apply to this market here.
We all see things moving along their own level of hierarchy. And lately we've seen the market react to big economic news. And I also find that all the positive things are happening, the BTC/altcoin relationship will always be observed regardless of the time of the market, so don't push yourself too hard.

[NdaMk]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

All altcoins follow the bitcoin trend. The percentage increase is sometimes associated with the hype around that particular coin. The likes of Solana and ETH moves in almost same percentage as bitcoin while there meme coins move much higher. But in all they all follow bitcoin trend just that the percentage increase or decrease aren’t predictable

[ultrloa]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

Not all the altcoins but most of them will follow bitcoins pump especially those alts which have solid foundation and have big community which can support it. Also you need to see the dominance of bitcoin since sometimes this could make the price of alts go stable or dump in short instances so follow the market and do proper calculations since there are times that market doesn't came up with our expected scenarios to come.

[rahulzx]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

According to the previous data, Yes, it's possible for the price of altcoins to go up if the price of bitcoin goes up. This is because altcoins are often traded against bitcoin on cryptocurrency exchanges. When the price of bitcoin increases, it can create more demand for altcoins as well, which can cause their prices to rise. However, it's important to remember that the prices of altcoins can also be influenced by a variety of other factors, such as their own unique features, adoption rates, and market trends.

[cryptoaddictchie]

I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

Due to a lot of scams happening in the market. Yes we can conclude that altcoins are less trusted than our major coin bitcoin. You could say that its the most effective coin. So the other coins are depending on the price of the it. We can surely see how bitcoin affect the altcoin market if ever there is a crash happened or anything that market makes it move.

[MAAManda]

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

This is all about Marketcap (MC) and also the pairing that occurs between Bitcoin (BTC) and altcoins. Even, not all altcoins will follow the movement of Bitcoin (BTC) price, usually only the top altcoins get a real impact from the rising or falling price of Bitcoin itself. And about the phenomenon you said, people aren't distrusting altcoins anymore, but it's true that the hype is going around Bitcoin (BTC) right now, and as we know that next year Q1 we're going to see the halving of Bitcoin.

[Xal0lex]

There are times in the market when all the money overflows into bitcoin and only bitcoin grows, and altcoins take a back seat. That's why at such moments you don't see the usual growth, now it is bitcoin bullrun, when money flows from different markets into bitcoin. There are also altcoin bullruns when altcoins are growing the most and bitcoin, on the contrary, is falling in value.

[Kalchef]

Bitcoin dominance has increased compared to last month and this has greatly affected all altcoins right now, so when Bitcoin losses 10% in price expect altcoins to lose more and this will go on for a while, there will be some bigger panic if at this point Bitcoin goes back under 25k, altcoins will bleed even more.

[Oasisman]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

This has been explained many times. A simple explanation to that is because Bitcoin is the leading cryptocurrency of all and because of that most of the altcoins in the market is valued in Bitcoin. Most people dont just buy altcoins directly with their fiat, instead they buy Bitcoin first and then trade it with another altcoin and vice versa. So in that manner, every transactions with the altcoins in the market, Bitcoin is always involved in the trading, thus Bitcoin price moves as well as the altcoins. But be careful since not all altcoin follows Bitcoin's price, you should still have your own due diligence.

[Cornia]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

The current market situation is a little different. Now we can see only Bitcoin growth and Altcoins are not growing compared to that. Actually it's not actual bullrun. It can be bulltrap. When the actual bullrun comes, Bitcoin and altcoins rise at roughly proportional rates.

[blockman]

and have people started distrusting altcoins or what?

The distrust of altcoins just happened when they were no longer viable. It's due to the hype that has been made and when the volume has decreased.
There have been distrusted altcoins and those are the ones that have been once popular but then the hype died and they have become afloat in the market.
Everyone will understand why altcoins are going up and that's thanks to bitcoin for every cycle that it gives especially during the bull run as it contributes a lot.

[vv181]

Market movements are not as predictable as that. Setting up a rough range of numbers, such as you stated, when the market goes up is too simplified for the movements. Generally, the reason why the altcoins market follows bitcoin in terms of prices is that the cryptocurrency market is tightly knitted with bitcoin, and there is also triangular arbitrage that involves bitcoin and other cryptocurrencies. That is one of many things that affect the prices.

Now, when the range doesn't follow your past prediction, it does not mean people start to leave the altcoin market. There are just many variables that affect the market.

[traderethereum]

That's because the current crypto market situation changed compared to a few years ago.
It's possible that there are more people holding bitcoins than altcoins right now so this is affecting the altcoin market and can only make altcoin prices go up a bit.
But I think if the altcoin season comes this year or next year, altcoin price movements can be wilder than now, which can make altcoin prices go up.
People still believe in altcoins but maybe they want to get more profit from bitcoin so they accumulate more bitcoins than altcoins.

[Cadaver20]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

Normally, when Bitcoin rises, other altcoins also rise. We saw during the last bullrun that first bitcoin rose and then altcoins rose in tandem with bitcoin. It still appears so. If bitcoin rises continuously, altcoins will definitely rise even if a little late.

[Fesatmas]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

That is a common fact for us crypto investors or their users, especially if you already have a lot of experience in the crypto market, Bitcoin is the mother and father at the same time in the many altcoins that have sprung up, but if you look at the top 100 when bitcoin has decreased and increased, all automatically follow the direction of movement of bitcoin, I think the average is like that, although there are some that can go up or down without bitcoin increasing or decreasing. I think if the altcoin project is hype and crashes or gets bad sentiment from its development.
It's not about whether or not people believe in altcoins, but that's how the market educates and it's already made a culture for investors.

[abralzain17]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

it's usually like that in the market, every time there is a surge in Bitcoin, Altcoins also go up a little, but so far I see that there is still movement like you mean even though not for a long time. but lately only Bitcoin continues to move on the market. while Altcoins are erratic

[GreenStox]

When investors are optimistic about the cryptocurrency market as a whole, they may be more likely to invest in both Bitcoin and altcoins, leading to a more pronounced increase in the price of altcoins relative to Bitcoin. Conversely, when investors are more cautious, they may be more likely to stick to Bitcoin, leading to a smaller increase in the price of altcoins relative to Bitcoin.

[pgbit]

Many people are now treating Bitcoin as a safe-haven asset during times of economic uncertainty. This means that investors are more likely to invest in Bitcoin, rather than riskier altcoins. This has caused Bitcoin’s market cap to grow significantly, and as a result, altcoins have not been able to keep pace with Bitcoin’s growth.
Another factor is that many altcoins have failed to gain traction or have been exposed as scams. This has caused investors to become more cautious when investing in altcoins, and they are less likely to invest in them if they cannot be sure that they will be safe and profitable investments.

[Yatsan]

What we are seeing today is the contradiction between the two, but in a long run there is a parallelism with the market prices. But going back; bitcoin and altcoin dominance. As I've observed, whenever the price of bitcoin falls, most of the altcoins are showing dominance in the market. My take on this is the reason for a market price increase. If there is a hype to this industry in general, for sure all coins will have the same price movement but since there is none, contrary price movement is visible depending on the demand in this industry ofcourse. Many altcoins are now showing surprising increase despite of weird pattern on the prices of major coins.Depends on how you view the charts; long term vs short term.

[ivankoh]

Basically bitcoin has always been at the forefront of trends and bullish signals.  This is the necessary and mostly the only signal to pull the altcoin to move in the bullish direction.  In some cases, a level of confidence in the rise of bitcoin will be observed cautiously and upon activation, the altcoin will start a bull cycle and vice versa.  In the event of a macro bullish bitcoin, altcoins will follow in an explosive fashion.

[coinerer]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.
and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

Everything in the crypto market is dependent on bitcoin and also altcoins.  Due to this, if the price of Bitcoin increases, the price of Altcoins will pump more than Bitcoin, and if the price of Bitcoin will dump, then the price of Altcoin will dump more than Bitcoin. This is a market cycle and this cycle will continue.  When the price of Bitcoin rises again, the price of altcoins will also increase and the cryptocurrency market cap will also strengthen. Currently due to the low price of Bitcoin, the price of all altcoins has also decreased, so the condition of the cryptocurrency market cap is also very bad.

[|MINER|]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.
and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

Everything in the crypto market is dependent on bitcoin and also altcoins.  Due to this, if the price of Bitcoin increases, the price of Altcoins will pump more than Bitcoin, and if the price of Bitcoin will dump, then the price of Altcoin will dump more than Bitcoin. This is a market cycle and this cycle will continue.  When the price of Bitcoin rises again, the price of altcoins will also increase and the cryptocurrency market cap will also strengthen. Currently due to the low price of Bitcoin, the price of all altcoins has also decreased, so the condition of the cryptocurrency market cap is also very bad.

I agree with you on this point, In fact, the entire altcoin or cryptocurrency market in progress by centered around Bitcoin. For example whenever we talk that the market condition is good and that definitely refers to the price of Bitcoin we say. Bitcoin is the mother of the entire cryptocurrency worldAnd that's why when the price of Bitcoin is on the green line, the other alt-coins of the whole crypto currency are on the green line.

[carrie_white]

actually not all altcoins prices go up when bitcoin prices go up, but most altcoins prices will follow the rising trend of bitcoin prices, and the difference between the increase in bitcoin and altcoins cannot be measured with a definite percentage, it must always be changing, in fact most of the increases in altcoins prices exceed the increase bitcoins

[Muba20]

actually not all altcoins prices go up when bitcoin prices go up, but most altcoins prices will follow the rising trend of bitcoin prices, and the difference between the increase in bitcoin and altcoins cannot be measured with a definite percentage, it must always be changing, in fact most of the increases in altcoins prices exceed the increase bitcoins

Currently there are more than 10000 altcoins in the market but not all altcoins are traded. When Bitcoin is bullish, the price of all the coins that are traded in the market increases. There are many altcoins that have died with no hope of getting investment back. So if the price of Bitcoin goes up, not all altcoins rise up.

[cute nmp]

This is not the case anymore,the price of Btc has been going up recently and still most altcoins are still not going up because many people don't want to invest in altcoins cause of the unstable market condition.We have been in a downtrend for more than a year now and most have lost a lot during this period.That is why many are holding back from making new investments.

[Jackl87]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.
and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

To answer your question quick and superficial, i would say yes usually the prices of altcoins also go up when the price of bitcoin rises and usually the prices of altcoins also go down when the bitcoin price is falling. At least this was the case in the past in almost all cases. Usually the development in a bullrun is, that Bitcoin is the first crypto project that rises in terms of the price. This continues for a few weeks, while the altcoins are not rising as fast as bitcoin itself. Then the bigger altcoins also begin to pump and often rise even more than bitcoin did before and during that altcoin rallye the price of bitcoin does not rally go up that fast anymore or even stays stable.

[so98nn]

Nah, you did not understand the math behind the market. Well if you are seeing Altcoins going up and down because of the bitcoin then you are seeing it in wrong way. The reason why they pump after bitcoin is pumped is because of the “BTC-ALT” pairing in the crypto trading market. The volume and the value both are interconnected. You are measuring the value in terms of bitcoin and you are trading Altcoins against bitcoin. This means if bitcoin is getting valued then ultimately alts will show their prices as hiked or pumped because that’s what bitcoin is valued at “proportionately”.

[Huppercase]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

The interesting part of the market dynamics and volatility is that some traders and investors believe that bitcoin has reached an excessive value and has become sufficiently big just by looking at it, it has gained tremendous value in the sense that to multiply it will require a sizable sum of money from whales. Let's compare the price of Bitcoin to that of Solana. At the current price of Bitcoin, which is $27k, and Solana's price, which is $21, it is much easier for Sol to double its price to $42 than it is for Bitcoin to double its amount to $52k. I don't think you can pump bitcoin to $52k overnight because you would have to double down the cryptocurrency market cap, which will be difficult.

[StarKay]

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

Actually what we are experiencing this season is the Dominance of Bitcoin in the Crypto chart and this should be expected. With time we're going to experience the reverse although it is not going to happen for all altcoins.

Some altcoins might not survive this Bitcoin dominance while the altcoins that survived will gain lost ground against BTC.

[fvb]

Of course, these moments are connected and growth begins after the movement of bitcoin. But I also noticed that not all tokens behave like the majority. An important factor is the very technology of the developed proposal from the project. That is, the usefulness of the application, periodic product updates, the involved community that supports the project. Also, a powerful team and development of the project will allow listing on new exchanges and much more.

[Bobrox]

The price of altcoins is very dependent on the condition of the Bitcoin price in its habits, if the Bitcoin price rises it is likely that the altcoin price will also rise but vice versa if the bitcoin price falls then the altcoin price will also fall. I think when Bitcoin on the top price potential for all altcoin will be pump and give effect with the market condition.

No doubt with altcoin price depend on how Bitcoin is stable price or not, but only with several altcoin without depending how bitcoin price and their communities will make this altcoin pump or not. My altcoin holding right now most depend on how bitcoin price up or not, I checked when bitcoin raising this altcoin allow back to higher price and dump when bitcoin getting crash.

[decodx]

I think part of the reason is that people have started to become more cautious about investing in altcoins. With so many new coins popping up every day, it's becoming harder and harder to distinguish between the good ones and the bad ones. Plus, there have been a lot of scams and fraudulent projects in the altcoin space in the past, which has made investors more wary.

Back then, people were just throwing money at anything with the word "crypto" in it. But now, investors are being more selective and doing their research before making any big moves. As a result, the gains are more measured and the market is less volatile (as a whole).

[Captain Corporate]

Not necessarily to be honest, many people talked about how there is a connection. However, we are talking about crypto here and I have seen so many projects crash and burn during even bull runs. Sure there are a lot more that goes up during that period and that is understandable but that type of extra hype and price increase comes with a lot of pressure and stress on the projects and some of them can't handle it and go down as well. So if you are investing into anything that is risky, then there is a chance that even during the bull run there is a chance it could go down a lot and even crash to near zero levels.

[Rengga Jati]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

It will depend on which altcoins they are. Sometimes, when Bitcoin is going up, altcoins will fall down. But if Bitcoin price is falling down, altcoins will also be falling down. However, sometimes, if BTC is sideways, altcoins may have chances to rise up. But this scheme is also not permanent. Sometimes, when Bitcoin is stably rising up with very good news, altcoins will be also following to rise up. At least we can see most of the altcoins will be also doing so very well. In this case, we can see how long altcoins will be able to survive during this kind of market, will be able to follow up Bitcoin's increase or not.

[Jating]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

It will depend on which altcoins they are. Sometimes, when Bitcoin is going up, altcoins will fall down. But if Bitcoin price is falling down, altcoins will also be falling down. However, sometimes, if BTC is sideways, altcoins may have chances to rise up. But this scheme is also not permanent. Sometimes, when Bitcoin is stably rising up with very good news, altcoins will be also following to rise up. At least we can see most of the altcoins will be also doing so very well. In this case, we can see how long altcoins will be able to survive during this kind of market, will be able to follow up Bitcoin's increase or not.

Yeah, it's not always the case, what you have describe is the most possible scenario that we have seen in the market or Bitcoin/Altcoin relationship. But I guess the majority though is that when bitcoin is in a massive run, it trickle down to the most solid altcoins in the market, so they go up as well maybe the increased is huge as compare to bitcoin. But the point is that bitcoin is that influential to them, that a simply blip in the price will affect everyone. And it's only a small percentage that altcoin moved itself alone without the influence of bitcoin in the market, that rarely happen.

[b3j0]

not really, without altcoins the crypto world looks very lonely because there is no alternative for investment other than bitcoin. the percentage increase or decrease in the price of bitcoin and altcoins does not have to be the same because bitcoin and each altcoin have different markets and investors.

[D ltr]

that's the current state of the market, one lucky if the altcoin has increased along with btc, let alone directly touching 7% of the increase in btc. because as long as I see altcoins tend to be stable first and then experience a gradual increase when BTC has been going a little fast

[Stella Mese]

usually if the price of bitcoin goes up then the altcoins will slowly go up, but in my opinion the market this time will be difficult to predict because it can be said that we are in between a bear market and a bull market, so it can be said that there are still many people who are hesitant to enter altcoins because of the situation the market.
but in my opinion sometimes the market doesn't always work as we think.

[GreatArkansas]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

For me about Bitcoin and altcoins, the price of altcoins may be influenced by the price of Bitcoin, but it's not guaranteed that they will go up in price if Bitcoin's price rises.
It will not be always accurate but even before, sometimes after Bitcoin is pumped, altcoin follows which for me is the relationship between Bitcoin and altcoins can be complex.

[Bazzu]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

For me about Bitcoin and altcoins, the price of altcoins may be influenced by the price of Bitcoin, but it's not guaranteed that they will go up in price if Bitcoin's price rises.
It will not be always accurate but even before, sometimes after Bitcoin is pumped, altcoin follows which for me is the relationship between Bitcoin and altcoins can be complex.

yes, your explanation makes sense too, and I also think almost the same as you, and indeed the market situation is very difficult to predict as well as bitcoin and altcoins which of course will be difficult to predict, especially now that there are more and more altcoins. so it could be that altcoins will be slow to follow btc.

[Luffygroove]

Hmm, it seems I have a different understanding of this; I'll recheck later. So based on my experience, before altcoins soar high, it's always bitcoin's price that increases first, and then most people's attention will be fixed on bitcoin and trading volume will be increasing significantly. This will increase the bitcoin dominance score and make the altcoin prices go down because there's less demand for altcoins and they all go to BTC. After BTC reaches its ATH or new ATH, people start to sell their BTC and turn their investment to the altcoins in order to buy at the lower price and sell at the higher price. This is when the BTC dominance score started to decrease.

[mich]

Well this is what we do see when the price of Bitcoin goes up. When the price of Bitcoin goes up it will be expected that the price of second biggest coin on coinmarketcap Ethereum will go up also.  If Bitcoin price is in the green you will see the atl coins in the green also.

It is very much common for Bitcoin and Ethereum. The other alt coins also but we can see both of them in the green or both of them in the red at all times. The alt coins that we do see in green when Bitcoin is in red are alt coins that I do not trust and these might be pump and dump coins.

[Pelana vreo]

such is the current situation, price will always follow Bitcoin

If an altcoin is paired with USD on an exchange, chances are something else will happen, but some crypto exchanges and LP providers on Dex exchange will provide BTC and other altcoin pairs such as ETH/BTC.

 

[Mr. Magkaisa]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

    -  No, there are still many people who believe in altcoins, now if the opportunity comes to kick Bitcoin's value continuously, the majority of altcoins will not be able to keep up, especially if they are not among the top cryptocurrencies in the market.

But, there are some altcoins that for sure can follow or keep up with the rise of their value even if we say they are volatile, and this is what I found based on my research during the last bull run.

[southerngentuk]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

But what you have seen and you need to remember is that this market does not have a fixed formula for the rate of increase or decrease between btc/alt, this market is very volatile and watching the movement of money is something that many people probably know but don't always apply effectively.
We can easily see when BTC goes up, which can also create different circumstances, so consider the state of the market for even more different analysis. And at this stage I see we are slowly exiting the bear market, and in my opinion that the btc halving is also coming and this may be the reason for this market to increase rapidly in the near future, and I Hopefully things will change soon from the end of this year.

[Bollexz1]

Bitcoin hold the keys to all these altcoins, whenever bull or bear cycle wanted to happen, Bitcoin reacts first and these altcoins act upon its reaction. This is why investors/traders focus more on the response of bitcoin to the market.

[disconnectme]

This is usually an issue for Altcoins, especially at the beginning of the bull market when the market is bottoming out, liquidity is a very big issue for Altcoins and when there is no liquidity, the spread will increase, if BTC pumps 10%, the Altcoins pump 2% and when BTC dumps 2%, Altcoins dumped 10% or even more. This period is for buying the right projects you want to hold for the next bull run, if you want to trade then you need to be very careful not to lose your money to the chop.

[Xal0lex]

Hmm, it seems I have a different understanding of this; I'll recheck later. So based on my experience, before altcoins soar high, it's always bitcoin's price that increases first, and then most people's attention will be fixed on bitcoin and trading volume will be increasing significantly. This will increase the bitcoin dominance score and make the altcoin prices go down because there's less demand for altcoins and they all go to BTC. After BTC reaches its ATH or new ATH, people start to sell their BTC and turn their investment to the altcoins in order to buy at the lower price and sell at the higher price. This is when the BTC dominance score started to decrease.

You are describing the classic behavior of bitcoin and altcoins in the crypto market. This is often the case. Investors understand that it becomes much harder to pump bitcoin and they transfer their funds into altcoins, then, when bitcoin goes into a correction, the transfer of assets continues into bitcoin again and this can be repeated several times until the bull run itself loses its strength and the market goes into a global bearish stage. Sometimes, when bitcoin already starts to go into a global correction, some altcoins can still show crazy growth, as was the case, for example, in 2018.

[Ziskinberg]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

It happens but not always and also, not all altcoins will follow the trend of Bitcoin as some will just keep low and no movements happen especially for useless coins. The situation had come to this because it was a crypto market and whatever happens to Bitcoin will also give an impact on altcoins. It was hard to have an explanation for this situation aside from being volatile and shared market connection.

We can't assume that people are only buying Bitcoin but they are also buying altcoins as well that is why we can see the entire market is growing once Bitcoin pumps and it is the same when it dumps.

[bluebit25]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

Yes, I see altcoins as bullish if bitcoin prices rise. Often when the price of bitcoin rises, altcoins will also be positively affected by the increase in the value of the crypto market as a whole.
However, the price increase of each altcoin will depend on various factors such as the development of the project, the interest of the community, and news related to that altcoin. Remember, the cryptocurrency market is very volatile and can change at any time, so investing in altcoins should be done carefully and with a clear investment plan.

[yazher]

This is most likely the case but you need to understand that not all coins will have the same fate because others will not even budge when the price of bitcoins is drastically increasing. That's because the project is not legit and there was no development going on rather these kinds of coins will gonna just dramatically fall its price and never return at all. That's why you really need to be careful when it comes to your investment in altcoins because these kinds of scenarios are always the case and also even if the bitcoin price will rise.

[Bazzu]

Hmm, it seems I have a different understanding of this; I'll recheck later. So based on my experience, before altcoins soar high, it's always bitcoin's price that increases first, and then most people's attention will be fixed on bitcoin and trading volume will be increasing significantly. This will increase the bitcoin dominance score and make the altcoin prices go down because there's less demand for altcoins and they all go to BTC. After BTC reaches its ATH or new ATH, people start to sell their BTC and turn their investment to the altcoins in order to buy at the lower price and sell at the higher price. This is when the BTC dominance score started to decrease.

indeed, now that you see the market, there are so many people queuing to buy bitcoin, whereas for altcoins the volume is not too high, so it could be that what you say is true, and apparently you also have a lot of experience in the crypto world, thank you friends for the explanation. ..

[Sebas.tian]

Bitcoin hold the keys to all these altcoins, whenever bull or bear cycle wanted to happen, Bitcoin reacts first and these altcoins act upon its reaction. This is why investors/traders focus more on the response of bitcoin to the market.

The response of Bitcoin has made many traders to invested huge amount of money on Bitcoin and invested little money on altcoins, because whenever the price of Bitcoin is pumping in the market then altcoins price will be pumping too which many traders are aware of that in the community. Now that the price of Bitcoin and altcoins is increasing to hit higher next month of April to allow those that purchased Bitcoin and altcoins some years ago to get ready to embrace massive income from their investments. I think, Bitcoin price always give strength to altcoins price to increase because it hard for altcoins price to increase higher for Bitcoin price to decrease which are some of the things traders learned to use the price of Bitcoin to determine the price of altcoins. 

[Rasa nanas]

I think it's too much to say that interest in altcoins is declining just because the percentage increase in altcoin prices is lower than BTC. I think it's common for this kind of thing to happen, sometimes the percentage increase in the price of BTC is more than that of altcoins and vice versa. the percentage increase in altcoin prices does not have to be higher than BTC 

[raidarksword]

As always altcoins reacts to whatever the bitcoin's price and just a normal market scenario, if its up or downtrend. The market cycle as well dictates the price of bitcoin and the whole market will react to it that's why we need bitcoin to go higher so that altcoins will follow, despite the bear market, bitcoin managed to go strong because of bank runs and it is well advantage to crypto market. The halving event as well have a great factor that we will see new ATH for bitcoin and healthy market.

[Dr.Osh]

altcoin prices tend to go up when bitcoin prices go up. That's because the price trend caused by the increase in the price of bitcoin will follow the altcoin. altcoins tend to have stable prices of coins, or ethereum, bnb, or other platform coins. the coins of this platform are always related to the bitcoin price. so when bitcoin prices go up, altcoin prices will tend to go up, and vice versa. This is a common thing to happen. besides that, the percentage of altcoin prices is higher because the price is lower than bitcoin.
Also, I don't think that this has anything to do with trust in altcoins, because each altcoin has different aspects and goals. So, when we talk about the issue of trust, then it comes back to the individual altcoins.

[naikturun]

altcoins will go up after bitcoin goes up and then stable/sideways for a while, most altcoins will go up at that time, especially if they are in fomo or realease with good news, it will add up higher.Like ARB and space id recently list on binance.

[huu78]

I think the movement of altcoins will always follow the price of BTC, it can even go up higher than BTC.
because the money that enters BTC once it is stable will go to altcoins, that's why when BTC goes up the altcoins don't go up immediately.

[swogerino]

I have also been watching this time that the increase in price of Bitcoin has not produced the same result in most of the altcoins,including the well known ones like ETH and a couple of others.I think that based on such results we should narrow down our portfolio to altcoins who have a development team behind them,have a clear road map of what they want to achieve and see how much of market share they have.I personally am thinking converting back to well known coins my ideas which are ETHW that I have invested in mining to convert back to ETH or some other high market cap coin.

[Apocollapse]

for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

Give me a proof if there's a research found if Bitcoin price goes up 3% the altcoins price will goes up 7%.

Altcoins is consist of all cryptocurrencies except Bitcoin, do you really calculate every coins increment and sum it to get 7%? I doubt it, you're just take a look with few altcoins especially the coins you're currently holding, but you're forget if there are 23,000 other coins listed on CMC.

Crypto market cap is different with altcoins price.

[fzkto]

altcoins will go up after bitcoin goes up and then stable/sideways for a while, most altcoins will go up at that time, especially if they are in fomo or realease with good news, it will add up higher.Like ARB and space id recently list on binance.

Altcoins dont always follow bitcoin, for example when bitcoin rises sharply, altcoins can fall. You need to know why bitcoin is rising and whether there is an flow of money into the market. If bitcoin is rising because everyone is selling altcoins to buy it, then of course altcoins will fall. And if there are new USDTs in the market, then bitcoin and altcoins will rise.

[someone703]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

Currently, the cryptocurrency market is going through a period of intense volatility and instability. Investors and users are re-evaluating the risks and potential of different cryptocurrencies, and may be focusing their investments on larger and more popular cryptocurrencies like Bitcoin and Ethereum instead. for other altcoins.

Other factors can also influence the market situation, including global economic factors, national policies and sudden events such as cyberattacks or regulatory scandals.

It is important that you do thorough due diligence and research before investing in any cryptocurrency, and not put too much emphasis on your own limited formula theory.

[bitzizzix]

The price of bitcoin is a market indicator for crypto market confidence, and it is caused by every major price movement in bitcoin causing more altcoins to be affected because bitcoin has the largest market share or capital. So that gives a lot of influence and control in the market, and also the stability of bitcoin is the whole market.
and although not all altcoins will greatly affect the movement of bitcoin and when compared to the tree bitcoin is the trunk, ethereum is the branch and the rest are the leaves. If the stem is damaged or weak, the branches and leaves will also be damaged or they may die and fall off.

[pawanjain]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

I personally think there are seasons where bitcoin gains more than altcoins and then there are seasons where the altcoins outperform bitcoin.
It's always hard to predict when exactly the altcoins will give bigger returns. Most often it is when bitcoin has rallied upwards and is facing a correction.
Investors move from bitcoin to altcoins which is when many altcoins show double digit gains and then they face corrections.
The cycle keeps repeating until the point of return and bearish trend starts.

[cafee_orange]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

yes, usually Altcoins also go up when Bitcoin prices soar. but only certain altcoins went up, not all altcoins moved on the market. usually those who follow in the footsteps of Bitcoin are Altcoins that have potential such as ethereum, cardano, Bnb, and matic. i noticed only those altcoins follow bitcoin

[gabbie2010]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

yes, usually Altcoins also go up when Bitcoin prices soar. but only certain altcoins went up, not all altcoins moved on the market. usually those who follow in the footsteps of Bitcoin are Altcoins that have potential such as ethereum, cardano, Bnb, and matic. i noticed only those altcoins follow bitcoin

Whenever I look on and analyze BTC/USD chart I discovered that whenever there is a massive pump or dumb in the price of Bitcoin a similar pattern is always experienced or noticed in almost in the price charts of altcoins thus these proved that Bitcoin is the sole determining factor of all the prices of altcoins except some pump and dump meme coins that is why in any Bitcoin bullish run there are a lot opportunities offered by investment in some selected altcoins whose price actions is similar with that of Bitcoin.

[Iadegbola34]

The price action of altcoins isn't 100% dependent on that of Bitcoin. Although, altcoins are heavily dependent on bitcoin but they can still make individual without the influence of bitcoin to some extent. So it's absolutely normal for a 7% rise in bitcoin price to cause altcoins to increase by 3% and it is also normal for a 3% increase in price of bitcoin to cause 7% increase in the price of altcoins.

[lobo13hf]

it also depends on the fact that the altcoins should also rather bullish otherwise its not gonna go up, there are many altcoins that just stuck in recent btc price rally and it seems majority of altcoin just stuck.

[cafee_orange]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

yes, usually Altcoins also go up when Bitcoin prices soar. but only certain altcoins went up, not all altcoins moved on the market. usually those who follow in the footsteps of Bitcoin are Altcoins that have potential such as ethereum, cardano, Bnb, and matic. i noticed only those altcoins follow bitcoin

Whenever I look on and analyze BTC/USD chart I discovered that whenever there is a massive pump or dumb in the price of Bitcoin a similar pattern is always experienced or noticed in almost in the price charts of altcoins thus these proved that Bitcoin is the sole determining factor of all the prices of altcoins except some pump and dump meme coins that is why in any Bitcoin bullish run there are a lot opportunities offered by investment in some selected altcoins whose price actions is similar with that of Bitcoin.

Do you think that the altcoins that follow the bitcoin price are the same as the altcoins that I mentioned earlier, namely ethereum, cardano, Bnb, and matic? maybe there are other altcoins that you think and according to your analysis, it's okay to provide the information to me, at least I can collect these altcoins on the exchange that I have.

[Almasani]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

I think investors still trust altcoins. There isn't enough Bitcoin if all investors are rushing Bitcoin. It's just that these conditions haven't got the right time to pump altcoin prices. The condition of increasing the price of Bitcoin has not been fully carried out by all parties involved in it. We need to wait for the bull market.

[Iyeman]

I think it's too much to say that interest in altcoins is declining just because the percentage increase in altcoin prices is lower than BTC. I think it's common for this kind of thing to happen, sometimes the percentage increase in the price of BTC is more than that of altcoins and vice versa. the percentage increase in altcoin prices does not have to be higher than BTC 

It's always be like that. I think that if you have been in crypto since a long time ago and you will be very familiar with such patter. The price of bitcoin will increase first and then altcoins will be following it. That's just a common movement from the bitcoin.
you shall wait until the price of bitcoin will stabilize itself and then you will be altcoin will start to increase gradually. If you are aware about how crypto was increasing a lot once bitcoin increase from 26k to the 28k

[wxa7115]

The price action of altcoins isn't 100% dependent on that of Bitcoin. Although, altcoins are heavily dependent on bitcoin but they can still make individual without the influence of bitcoin to some extent. So it's absolutely normal for a 7% rise in bitcoin price to cause altcoins to increase by 3% and it is also normal for a 3% increase in price of bitcoin to cause 7% increase in the price of altcoins.

The correlation between the two is undeniable, when the price of bitcoin goes up altcoins go up, and when the price of bitcoin goes down the same happen with altcoins, not only this is something we can see, this is something which can be accurately measured as well, and if you do you will find out the correlation between the two is too high.

So while someone can invest in altcoins right now and hope for the best, it would be better for them to just invest in bitcoin and wait until the bull market comes, and if that time they still want to invest in altcoins then they can finally do so.

[fzkto]

The price action of altcoins isn't 100% dependent on that of Bitcoin. Although, altcoins are heavily dependent on bitcoin but they can still make individual without the influence of bitcoin to some extent. So it's absolutely normal for a 7% rise in bitcoin price to cause altcoins to increase by 3% and it is also normal for a 3% increase in price of bitcoin to cause 7% increase in the price of altcoins.

The correlation between the two is undeniable, when the price of bitcoin goes up altcoins go up, and when the price of bitcoin goes down the same happen with altcoins, not only this is something we can see, this is something which can be accurately measured as well, and if you do you will find out the correlation between the two is too high.

So while someone can invest in altcoins right now and hope for the best, it would be better for them to just invest in bitcoin and wait until the bull market comes, and if that time they still want to invest in altcoins then they can finally do so.

For crypto investors, the main problem may be that they measure the value of altcoins in dollars. So it may seem that when bitcoin goes up, altcoins go up too. But a completely different situation can be seen if you look at ALT/BTC charts. They show that when bitcoin is rising, altcoins are falling against BTC. Therefore, the correlation is not always obvious.

[isaac_clarke22]

~

Well imagine being an investor then investing to Bitcoin first. You would think of diversifying your investments, right? That would lead to buying any other coins in the market at the time. Surely you already know where it is going.

From that people would invest to any other coin in the market after they bought their Bitcoin. It has been like that in the market. Just like the usual market outside, when apples rise in price, there's common scenarios that even oranges and strawberries rise in price especially when they're almost biologically similar to each other.

[Natalim]

~

Well imagine being an investor then investing to Bitcoin first. You would think of diversifying your investments, right? That would lead to buying any other coins in the market at the time. Surely you already know where it is going.

From that people would invest to any other coin in the market after they bought their Bitcoin. It has been like that in the market. Just like the usual market outside, when apples rise in price, there's common scenarios that even oranges and strawberries rise in price especially when they're almost biologically similar to each other.

Smart investors don't just keep and stick to a single coin like having Bitcoin alone. Perhaps, there are a lot of altcoins that are also good for investment and seem profitable which as an investor can't just ignore them but rather get them and buy more. Diversification is a valid reason and investors keep doing this as they wanted to grow their profit. In fact, the market is designed to be like that, buy and sell really happens in crypto. And they'll buy altcoins because of the trust and they believe that the price will rise together with Bitcoin.

[Ozero]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

It is hardly possible to apply any formulas and ratios between the rise in the price of bitcoin and altcoins. There is no absolutely identical situation in the cryptocurrency market in order to work out the exact dynamics of their growth. Usually, if bitcoin starts to show a good price increase, altcoins are a bit late at first and only then start to follow bitcoin. But even this is not a pattern. This process is largely influenced by positive or negative news on the cryptocurrency market, and all this is intertwined each time into a special, individual situation, which has a decisive impact on prices.

[Bay_Harbour_Butcher]

I think the price of altcoins will always follow the price of bitcoin, so when bitcoin has increased, altcoins will start to slowly follow the increase in bitcoin too, but this does not mean that all altcoins will go up

[Iadegbola34]

The price action of altcoins isn't 100% dependent on that of Bitcoin. Although, altcoins are heavily dependent on bitcoin but they can still make individual move without the influence of bitcoin to some extent. So it's absolutely normal for a 7% rise in bitcoin price to cause altcoins to increase by 3% and it is also normal for a 3% increase in price of bitcoin to cause 7% increase in the price of altcoins.

The correlation between the two is undeniable, when the price of bitcoin goes up altcoins go up, and when the price of bitcoin goes down the same happen with altcoins, not only this is something we can see, this is something which can be accurately measured as well, and if you do you will find out the correlation between the two is too high.

So while someone can invest in altcoins right now and hope for the best, it would be better for them to just invest in bitcoin and wait until the bull market comes, and if that time they still want to invest in altcoins then they can finally do so.

Last time I checked, Bitcoin dominance isn't up to 50%. Like I said altcoins can make drastic move on their own prolly due to some news or updates about the project. New listing can drive the price of altcoins upward or downward without the influence of whatever the price action of BTC is. Airdrop news can also change the price action of altcoins drastically without the influence of BTC.

[nurilham]

I think the price of altcoins will always follow the price of bitcoin, so when bitcoin has increased, altcoins will start to slowly follow the increase in bitcoin too, but this does not mean that all altcoins will go up

Not every altcoin follows Bitcoin price, but it is true that most altcoins follow Bitcoin price trend. It means if Bitcoin constantly continues increasing its price, most altcoins will increase their prices as well. Since altcoins are more volatile, their price increase will be more significant. But not all altcoins will experience the same, shitcoins or meme coins may not follow it since the factor to increase their prices are the hype. So, we must be careful to choose the altcoins to hold because not all of them will be pumped as Bitcoin.

[Psynthax]

this is the reason diversifying could be somewhat futile attempt if not done right because whats the point of diversification if all the coin follow one trend in unity.
but good altcoin will definitely try to hold its value despite the fact that bitcoin is falling and increase when there's altcoin seasons.
after all the natural law of altcoin in general is always following bitcoin.

[lobo13hf]

That isn't always the case, you will find out some of the gems that could go against the wave, in which they'd stand unwavered despite the bitcoin correction waves incoming.
some of the coin that could go against the wave are also meme coin in which the price sentiment depends on some shill coming from influencers, so it's not true that all altcoin will go up if btc go up but some of them.

[samcoin]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

Altcoins usually follow the total crypto market cap value, not Bitcoin specifically, but the new money used to buy Bitcoin the most in a bear market as it's the safest bet. However, after Bitcoin's price gets stable at some point, money will flow from Bitcoin to altcoins, which will then rise to a most likely higher percentage than what Bitcoin made. Generally, what controls this correlation is the Bitcoin dominance chart, so you should watch this chart if you want to know when altcoins are going to rise, because when Bitcoin dominance reaches a certain point, the dominance will start to drop, causing altcoins to rise.
Actually, the number of altcoins now is much higher than a few years ago, which decreases the portion every alt gets from the new capital that's joining the market. Unfortunately, a lot of altcoins projects are scams, and there's no way to prevent them from joining the market due to the lack of regulations, so trustworthy projects might suffer injustice in terms of valuation.

[CarnagexD]

I think altcoins are often influenced by the performance of Bitcoin because currently, Bitcoin is the most dominant cryptocurrency in the market. If Bitcoin's price goes up, it can create a positive sentiment in the overall cryptocurrency market which leads to increase demand for altcoins and cause their prices to rise as well. But this is not always the case because each altcoin has its own unique characteristics and market dynamics that can affect its price independently of Bitcoin.

this is the reason diversifying could be somewhat futile attempt if not done right because whats the point of diversification if all the coin follow one trend in unity.
but good altcoin will definitely try to hold its value despite the fact that bitcoin is falling and increase when there's altcoin seasons.
after all the natural law of altcoin in general is always following bitcoin.

There's still a point for diversification because you are spreading your risk across multiple assets rather than putting all your eggs in one basket. This means that even if one altcoin performs poorly, the others that you have may perform well enough to offset those losses. Some altcoins may be for certain use cases, such as decentralized finance while others may be more geared towards payments or store of value. Tho altcoins follow the trend of Bitcoin, diversification can still provide benefits in terms of risk management and capturing opportunities in different parts of the market.

[Yamifoud]

That isn't always the case, you will find out some of the gems that could go against the wave, in which they'd stand unwavered despite the bitcoin correction waves incoming.
some of the coin that could go against the wave are also meme coin in which the price sentiment depends on some shill coming from influencers, so it's not true that all altcoin will go up if btc go up but some of them.

Some got influenced by social media and they move against the direction of Bitcoin but the majority have been following the trend of Bitcoin.
This is to tell us that Bitcoin is leading in the market future and people are accumulating altcoins as they believe that it will rise because Bitcoin will rise as well. Their observations are clear that whatever happens to Bitcoin when it dumps or it pumps, similar things happen in altcoins as well. We can't erase that scenario as it was the thing we experience for many in the crypto market.

[cryptoknightt]

As far as I can see right now, it doesn't seem like bitcoin's rise has had as big an impact as it used to have on all altcoins.
I just noticed the increase in bitcoin at this time has the most impact on the top 10 altcoins, correct me when I'm wrong

[RealMalatesta]

As far as I can see right now, it doesn't seem like bitcoin's rise has had as big an impact as it used to have on all altcoins.
I just noticed the increase in bitcoin at this time has the most impact on the top 10 altcoins, correct me when I'm wrong

I think that's because the rise of Bitcoin is only small but usually, altcoins only follow once we are on the real bull run or when Bitcoins value have fully recovered and reach a new all time high. On situations like this, when there is still a bear market, cryptos might move independently. Sometimes we can see that BTC is increasing and altcoins are still down but there are times that altcoin is rising and BTC is left behind.

We are not bothered with it though because we know that BTC can always catch up later on and will take the lead once again. We are only happy and proud when altcoins are rising on their own because we rarely see it happens.

[virasisog]

As far as I can see right now, it doesn't seem like bitcoin's rise has had as big an impact as it used to have on all altcoins.
I just noticed the increase in bitcoin at this time has the most impact on the top 10 altcoins, correct me when I'm wrong

I think that's because the rise of Bitcoin is only small but usually, altcoins only follow once we are on the real bull run or when Bitcoins value have fully recovered and reach a new all time high. On situations like this, when there is still a bear market, cryptos might move independently. Sometimes we can see that BTC is increasing and altcoins are still down but there are times that altcoin is rising and BTC is left behind.

We are not bothered with it though because we know that BTC can always catch up later on and will take the lead once again. We are only happy and proud when altcoins are rising on their own because we rarely see it happens.

The price of altcoins usually gets along with the price of Bitcoin during the bullish season. However, there are some occurrences that some altcoins strike high when Bitcoin is on its correction or recovery period. We can't see lota of changes for now but we'll see how Bitcoin could dominate the market when the bull season approaches. The demand for altcoins usually rises when Bitcoin reaches a good price.

[ichsan ardi]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

Yes, I think the benchmark for rising prices could be Bitcoin. If Butcoin goes up, the average alt coin also goes up, like Bitcoin, which covers alt coins, so it could be like that because Bitcoin King of Cryptocurrency Bitcoin is the benchmark for the size of altcoins.

[ifarted]

That's because altcoins are created because of Bitcoin being famous if you call it that way and when Bitcoin's price increase then the altcoin's price would also increase just like what happened before when Bitcoin reaching 60k before and altcoins are also rising with its new ATH.

[kak uli]

I usually notice that every step of bitcoin moves a few percent, altcoins also follow bitcoin's footsteps as the market cycle has happened so far, I see a correlation between the movement of bitcoin and altcoins, as well as when Bitcoin prices experience corrections, altcoins also experience a great decline

[Xal0lex]

this is the reason diversifying could be somewhat futile attempt if not done right because whats the point of diversification if all the coin follow one trend in unity.
but good altcoin will definitely try to hold its value despite the fact that bitcoin is falling and increase when there's altcoin seasons.
after all the natural law of altcoin in general is always following bitcoin.

If you think about it this way, it turns out that there is no point in diversification if there is a global financial crisis, because all markets fall, some fall less and some fall more. But in my opinion, the point of diversification is not only that not all assets in your portfolio fall, but also in the different amount of risk. Some coins may have a small drop and some may have a very significant drop of 80-90%. When I build an altcoin portfolio, I allow for the idea that absolutely all of the coins on my asset list will be in the red at one point. But that doesn't mean I haven't followed risk management. If bitcoin falls by 50%, altcoins by 90, and stabelcoins by 2%, that can also be called diversification.

[Weawant]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3% and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

During the period when you saw Bitcoin pumping leading to altcoins pumps was because we were in a bull market so everything rises. In bull markets there's so much money moving into the market so every project benefits.

But now we're in a bear market so everybody is expecting a dump soon. It doesn't matter if the dumps has happened previously but there's always an expectation of the next one coming so everyone is careful.

Investors are only investing in strong project like Bitcoin at the moment, immediately when the bear markets ends you'll begin seeing altcoins pumping double of whatever percentage Bitcoin pumps.

[errorcode99]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

I think when investors are optimistic about the cryptocurrency market as a whole, they may be more likely to invest in Bitcoin and altcoins, leading to an increase in the price of altcoins relative to Bitcoin. Conversely, when investors are more cautious, they may be more likely to stick with Bitcoin, leading to smaller increases in the altcoin's price relative to Bitcoin.

[rhodelmabanal]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

It is because the altcoin is just following btc price not the btc following the altcoin. Because everytime btc rise altcoin will also rise and if btc fall the altcoin will also fall, it is always happening so this is not new to us and everytime it happens there is always a prediction and speculation but still no one can predict it.

[TelolettOm]

It is because the altcoin is just following btc price not the btc following the altcoin. Because everytime btc rise altcoin will also rise and if btc fall the altcoin will also fall, it is always happening so this is not new to us and everytime it happens there is always a prediction and speculation but still no one can predict it.

It is true that most altcoin price is following BTC price. That's why when BTC is increasing significantly after BTC halving, most altcoins will have a bullrun season too. However, not every altcoin follows the same pattern, stable coins is an example of altcoins that move in the opposite way. Another example is shit coin, this coin may drop significantly when top altcoins rise because no people are interested to buy shit coins at that time. So, no guarantee all altcoins to follow Bitcoin price, be careful!

[MiF]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

Because if bitcoin price rise the investors will also rise there are many investors that stop investing into altcoins when bitcoin price drop because most of the trading pair is paired by btc and if the value of btc down the amount of the token you can by in btc pair will be small and that was a big disadvantage. So the best part is when the btc pump or during bull season you can by different altcoins and wait till they rise and earn.

[FanEagle]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

It is because the altcoin is just following btc price not the btc following the altcoin. Because everytime btc rise altcoin will also rise and if btc fall the altcoin will also fall, it is always happening so this is not new to us and everytime it happens there is always a prediction and speculation but still no one can predict it.

I think that is mainly because most of the coins are connected to bitcoin via price on the trading platforms. I think when the market has a biggest coin at the top, and that goes up, it is hard not to follow that together as well.

It's obvious that there are a lot of people who would like to see a different angle on this subject, they would like to see how they could be independent and even want to see their coins go up even without the market moving, but that's not going to happen. I personally believe that we should be doing something that is a bit more towards how we could handle all the market in a personal way and make a profit as a combined market together instead.

[usekevin]

The basic concept of the trading is whenever the price of bitcoin rises,the price of most of altcoin almost 90% of altcoin.Based on this concept many traders will trade altcoin.When the price of bitcoin had started to reduce and become a bear market,most of traders try to buy some good altcoin to earn some good profit.In some extreme conditions, the market of altcoin reacted with 30% of the pump in bitcoin price.And you had face this trade variation with some extreme conditions.Crypto currency was fit to buy any price.Then you can sell at some point,you need to hold till the desired price was reached.

[bitkanu]

the pattern has always shown just that, bitcoin rising when there's also same occurence with altcoins in general basically they got their value increasing by a lot with the influx of the investment fund and usually the currently trending coin are the one that has the spotlight gaining most massive increase in value, maybe bitcoin rise just give positive vibes and good impression that's why.

[peter0425]

Majority of altcoins goes high together with bitcoin and that is what I have observed over the years though not all of them has this movement at least those legit and good coins are acting best for the investors.
and also there are chances that after bitocin goes up? then the altcoin season comes and they are making its way high.
but of course never get this to  complete believing because there are side ways that may come along the way.

[Reatim]

Not sure if this will happen again as what happened in the previous years , but one thing that I am sure here?altcoin will have its moment , and when this will happen > then that is what I am not knowledgeable.

for me the most important thing is that Bitcoin must grow , and yes that is coming any time in the next year or the next .

[kotajikikox]

Have seen this many times before so yes it will go up once bitcoin grows its value, it may not all of altcoin but those who has potential and those that will be use for manipulation.
so best to invest in good coin and wait with bitcoin growth.

The basic concept of the trading is whenever the price of bitcoin rises,the price of most of altcoin almost 90% of altcoin.Based on this concept many traders will trade altcoin.When the price of bitcoin had started to reduce and become a bear market,most of traders try to buy some good altcoin to earn some good profit.In some extreme conditions, the market of altcoin reacted with 30% of the pump in bitcoin price.And you had face this trade variation with some extreme conditions.Crypto currency was fit to buy any price.

altcoin will always follow bit, that is the reality in crypto and this is why crypto market is far different from other market in trading.

[Chato1977]

It is given mate that altcoin will move together as bitcoin is a best to straight  up with altcoins and also check back the market and you can see that altcoins will never go up if bitcoin stays lowering .
so best to enjoy the market with those kind of movement and of course diversify your folio for better result .

[FUCKBSVFUCK]

You are right, altcoins are not going to go up in price if the bitcoin price goes up. This is because the price of bitcoin is very volatile and can fluctuate a lot. In the past, bitcoin has been used as a payment method for many people, but now it is not as popular as it was in the past.

[rahulzx]

If you're invested in altcoins, you've probably heard that they follow Bitcoin's price movements. But is this always the case? We did some digging and found out that it's not a simple yes or no answer. While Bitcoin's price can affect the overall market sentiment, it's not always a direct correlation with altcoins.

In fact, there are several factors that can influence the price of altcoins, such as hype created by project updates, market sentiment, and the overall state of the crypto market. This means that while Bitcoin can give a general direction to the market, there's no guarantee that altcoins will always follow the same pattern.

So, if you're an altcoin investor, don't panic every time Bitcoin's price starts to drop. Take a step back and evaluate the situation, because the correlation isn't always straightforward. Stay informed, stay vigilant, and make informed decisions to ensure your investments thrive in the ever-changing crypto landscape.

[bitkanu]

obviously that's the case nowadays, but honestly even right now many coins are having value increase on its own regardless of the bitcoin trend, i see this like some strange things honestly usually altcoin and bitcoin move in unison.

[raidarksword]

Altcoins really depends on what bitcoin does and it is a automatic reactions for bitcoin that it can pull up or pull down the market on what ever market sentiments may come. Majority of reasons that bitcoin will dictate the market because it's the root of all crypto and king of all that's why the market reacts what ever the mood of bitcoin do.

[judaspriest]

obviously that's the case nowadays, but honestly even right now many coins are having value increase on its own regardless of the bitcoin trend, i see this like some strange things honestly usually altcoin and bitcoin move in unison.

It seems unusual but I don't think it's anything strange that should be suspected,
regardless of anything we need to follow the movement of the coin,
for now the price of Bitcoin itself is back down and let's see what happens in the future.

[tygeade]

obviously that's the case nowadays, but honestly even right now many coins are having value increase on its own regardless of the bitcoin trend, i see this like some strange things honestly usually altcoin and bitcoin move in unison.

It seems unusual but I don't think it's anything strange that should be suspected,
regardless of anything we need to follow the movement of the coin,
for now the price of Bitcoin itself is back down and let's see what happens in the future.

I think it will go back up again, this down is just a sell-off, people made a lot of profit if they bought at lower levels, nearly a double profit already and that seems like a good idea, I feel like they are going to do a lot better in the future as well. Hopefully they should be doing a lot better with time as well and bitcoin price will see a new ATH, maybe not right away but it will take some time to get there and eventually it will get there.

I hopefully see that it will get to a new ATH in a few years, and when that happens I will sell my coins too. I have been collecting enough, maybe I won't sell and wait for a few more new ATH's for a few cycles later, but at the end of the day I will never sell under the current ATH price, not a chance, it would be silly to do that.

[nurilham]

You are right, altcoins are not going to go up in price if the bitcoin price goes up. This is because the price of bitcoin is very volatile and can fluctuate a lot.

What do you mean? Do you assume the altcoins price will raise up when Bitcoin price drops?
As far as I know, most altcoins prices increase when Bitcoin price raises up. Altcoins prices mostly follow the price trend of Bitcoin. That's why people call Bitcoin as the mother of all coins since it determines the drop or rise of almost the whole crypto coins. Anyway, you must understand that altcoins prices are more volatile than Bitcoin price.

In the past, bitcoin has been used as a payment method for many people, but now it is not as popular as it was in the past.

Do you follow the updated news, dude?
Bitcoin adoption is getting better nowadays, even El Salvador makes it as their legal tender. And you must know that more platforms/companies accept Bitcoin as one of their payment tools now.

[JeffBrad12]

The basic concept of the trading is whenever the price of bitcoin rises,the price of most of altcoin almost 90% of altcoin.Based on this concept many traders will trade altcoin.When the price of bitcoin had started to reduce and become a bear market,most of traders try to buy some good altcoin to earn some good profit.In some extreme conditions, the market of altcoin reacted with 30% of the pump in bitcoin price.And you had face this trade variation with some extreme conditions.Crypto currency was fit to buy any price.Then you can sell at some point,you need to hold till the desired price was reached.

that is more like investing that trading though, the thing with trading is that usually the timeframe is rather short, within less then a day.
so they usually dont wait until bearish come, but instead seek opportunity of correction in the middle of bullrun which i'm pretty sure still exists.
or even finding some analysis in regard of future price, like if the coin have the potential for rally then they'd start bagging it and that is for rather short term.
so I don't think traders in general are bound to the bitcoin trend honestly.

[Sebas.tian]

Bitcoin still remain the most popular coin and king among other cryptocurrencies, which whenever the price is rising in the market, many altcoins investors will use the opportunity to get ready for the altcoins price to rise too so that they can make a good profits like Bitcoin investors. Since many investors came to discovered that, there are more huge amount of profits in Bitcoin investment than altcoins investment, that made them to invest more on Bitcoin than altcoins investment. Don't forget that market price is unpredictable, because altcoins price can take over the market by increasing high more than Bitcoin in future which we have saw that before in the market, before Bitcoin finally take the lead till now.

[onecall123]

I'm bullish on Bitcoin, but I hold an optimistic view on altcoins. Whenever Bitcoin shows an upward trend, altcoins tend to follow it. Since Bitcoin holds a dominant position in the market, when people witness its success, they perceive the overall cryptocurrency market will follow it and invest more in altcoins. The value of altcoins is closely tied of Bitcoin, and this correlation makes sense to me. This concept has been well-explained multiple times here though.

[Amejoaquim]

Exactly but you cant think if btc up 7% and another alts will ul 7% too.
Thats not how market works.
It still depend on what alts you choose, if you're choose the bad one when bad news appear it gonna go into red even tough the price btc goes up.

[BaeSuzy]

Of course, when btc goes up and the alts will up too. Thats how the market works because when the btc price rise there something good news appear and it will make crypto more attractive so it will make positive trend for the market.

[judaspriest]

Of course, when btc goes up and the alts will up too. Thats how the market works because when the btc price rise there something good news appear and it will make crypto more attractive so it will make positive trend for the market.

That's why Bitcoin is the king of crypto because when Bitcoin goes up, it will also make altcoin prices go up,
for now the market is still going up and down and hopefully the bull market can come soon,
I hope there will be more positive news in the future and we'll see.

[reddotgizkris]

What is there to talk about if some advise investing in bitcoin and others promote dogecoins or NFTs? Well, if you want a third opinion - get it. I support NeonLink.

[kevindjunaidi]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

it's not that people don't trust to invest in altcoin anymore, but it's usually in the beginning, if the price of Bitcoin starts to slowly increase, then the price of altcoin is sometimes still stable or even only increase slightly, but when the price of Bitcoin starts to increase very high, then the price of altcoin will starts to slowly increase and when the price of Bitcoin starts to stabilize (no decrease), then of course the price of altcoin will starts to increase very high (in my opinion the cycle has always been like this).

[shinratensei_]

Of course, when btc goes up and the alts will up too. Thats how the market works because when the btc price rise there something good news appear and it will make crypto more attractive so it will make positive trend for the market.

I think its more of sentiment of the market getting better and majority become emotionally greedy when bullish comes that makes majority of altcoins in general having such good bullruns.
the thing with this is that, some altcoins might just outright stagnant even when bullish arrives, the fundamental and the utility of certain coins are also contributing highly towards the chance of them having massive rally
when bullrun comes in or when bitcoin have massive rally.
but sometimes bitcoin could be having rally and some altcoins are losing their dominance and instead gets corrected. its all honestly not deterministic at all about the results of bitcoin having massive rally.

[jasonjm]

A somewhat similar trend has been followed by the crypto market when looking at Bitcoin and altcoin pumps. When bitcoin is pumping, altcoins prices will decrease. Moreover, when Bitcoin is dumped, the altcoins prices will go further down. And when the price of Bitcoin consolidated after all this, then there is an altcoin season. Now, the majority of altcoins will test a new all-time high.

[savetheFORUM]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

it's not that people don't trust to invest in altcoin anymore, but it's usually in the beginning, if the price of Bitcoin starts to slowly increase, then the price of altcoin is sometimes still stable or even only increase slightly, but when the price of Bitcoin starts to increase very high, then the price of altcoin will starts to slowly increase and when the price of Bitcoin starts to stabilize (no decrease), then of course the price of altcoin will starts to increase very high (in my opinion the cycle has always been like this).

To be honest, it doesn't always work the same way, sometimes the prices of altcoins go too high even if Bitcoin goes up only a bit, and sometimes the prices of altcoins rise up very slowly even if Bitcoin is going up very fast, so this keeps changing time to time and we shouldn't expect just one outcome all the time because the cryptocurrency market is too unpredictable, the prices of different coins and their behavior keep changing over time.

And if we talk about trust, people actually don't trust new altcoins very often because their movements are undeterminable and one will need to see them react to at least one bull run to see and understand how they work and then they might start believing in them along with the old ones.

[Slow death]

What is there to talk about if some advise investing in bitcoin and others promote dogecoins or NFTs? Well, if you want a third opinion - get it. I support NeonLink.

it is shocking that you are creating account (and you are probably creating many accounts to promote this altcoin) to promote this altcoin, if really this altcoin was a serious project, then the project owners would have enough funds to pay for a good marketing campaign, it could be a bounty campaign here on the forum, it could be a subscription campaign, they could pay on youtube channels and other platforms, but they didn't do that. on the contrary, they are creating many accounts to be spamming the forum

And with that, do you really think that people are blind who are not seeing your bad behavior? and see that you yourself wrote this:

Please answer my question - why do you need to create topics every day like "advise something with a potential of 100x" if you can just pin a post about NeonLink and enjoy this find?

 

clearly shows that we are facing a project without any resources for marketing, something amateur and that people should stay well away from this project, and because of this type of things that this alcoin market does not surpass bitcoin, in this thread is being discussed about bitcoin when the altcoins rise together, the same scenario happens when the bitcoin price drops a lot all altcoins fall together because the altcoins cannot be independent

[dunfida]

I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

it's not that people don't trust to invest in altcoin anymore, but it's usually in the beginning, if the price of Bitcoin starts to slowly increase, then the price of altcoin is sometimes still stable or even only increase slightly, but when the price of Bitcoin starts to increase very high, then the price of altcoin will starts to slowly increase and when the price of Bitcoin starts to stabilize (no decrease), then of course the price of altcoin will starts to increase very high (in my opinion the cycle has always been like this).

To be honest, it doesn't always work the same way, sometimes the prices of altcoins go too high even if Bitcoin goes up only a bit, and sometimes the prices of altcoins rise up very slowly even if Bitcoin is going up very fast, so this keeps changing time to time and we shouldn't expect just one outcome all the time because the cryptocurrency market is too unpredictable, the prices of different coins and their behavior keep changing over time.

And if we talk about trust, people actually don't trust new altcoins very often because their movements are undeterminable and one will need to see them react to at least one bull run to see and understand how they work and then they might start believing in them along with the old ones.

Totally random on which i would say and its true that not all the time on which the price would really be opposing or correlating to each other on which it is really that hard to assume the whenever prices do goes that way
then it would really be that not an assured thing that it would really be making on the same pattern on which it is really that understandable because this market is never been predictable on the first place.
The thing we do always assume is on whenever Bitcoins do rises up then all of altcoins would really be rising up too in terms of price specially on bull run or simply Bitcoin is the main trend setter which is something
that would really be the common set up on this space.

We do always assume on that way but we know that movements would really be random from time to time and this is why having these presumptions and decisions wont really be
resulting into something positive most of the time.

[JeffBrad12]

A somewhat similar trend has been followed by the crypto market when looking at Bitcoin and altcoin pumps. When bitcoin is pumping, altcoins prices will decrease. Moreover, when Bitcoin is dumped, the altcoins prices will go further down. And when the price of Bitcoin consolidated after all this, then there is an altcoin season. Now, the majority of altcoins will test a new all-time high.

this much is true and I also seen the same similar pattern in which if bitcoin prices in general going up, it just doesn't mean altcoin will also go up, usually the dominance of altcoins are plummeted and got eaten by bitcoin first until the bitcoin price is going up so high and consolidate as you said and then thats the time for altcoin season.
meaning that if we are entering a new bullish era doesn't necessarily means that every coin out there would be going up at first it will be bitcoin with its massive rally and potentially reaching all time high and then the turns change. that is the time for altcoin to take advantage of the greed of the market and the bullish.

[kawetsriyanto]

When bitcoin is pumping, altcoins prices will decrease. Moreover, when Bitcoin is dumped, the altcoins prices will go further down.

If you learn the current trend in crypto prices, most altcoins follow the Bitcoin price. If Bitcoin price increases, most altcoins will increase their prices as well. This may be different if we are already in the bullrun season, the trend may change because people's focus will be different.

And when the price of Bitcoin consolidated after all this, then there is an altcoin season.

For altcoins season, it should be in the bullrun season, we can't expect it happens in the near future. Currently, if Bitcoin price is hard to increase, most altcoins are also a bit slow to increase their values. But it is for common altcoins, it is different on hype coins. There are some coins which rely on the hype, they don't depend on Bitcoin price trend.

[fullhdpixel]

A somewhat similar trend has been followed by the crypto market when looking at Bitcoin and altcoin pumps. When bitcoin is pumping, altcoins prices will decrease. Moreover, when Bitcoin is dumped, the altcoins prices will go further down. And when the price of Bitcoin consolidated after all this, then there is an altcoin season. Now, the majority of altcoins will test a new all-time high.

this much is true and I also seen the same similar pattern in which if bitcoin prices in general going up, it just doesn't mean altcoin will also go up, usually the dominance of altcoins are plummeted and got eaten by bitcoin first until the bitcoin price is going up so high and consolidate as you said and then thats the time for altcoin season.
meaning that if we are entering a new bullish era doesn't necessarily means that every coin out there would be going up at first it will be bitcoin with its massive rally and potentially reaching all time high and then the turns change. that is the time for altcoin to take advantage of the greed of the market and the bullish.

Yes, that's because sometimes the effect is delayed or the increase in Bitcoin is too small to influence the others. I think the demand of alts are still the same, it's just that sometimes there are new people who entered and they go on Bitcoin first. When BTC is rising, it gives an illusion that altcoins are falling but it wasn't actually.

If BTC price reaches to a higher point, people will be intimidated to buy and they may switch out to altcoin for a while. This is the time that altcoins can catch up and a bull run is officially started. Sometimes people will sell their BTC first, to have a capital. This allows us to see an altcoin season only while BTC price is already dumping.

[fauzan Ichsan]

A somewhat similar trend has been followed by the crypto market when looking at Bitcoin and altcoin pumps. When bitcoin is pumping, altcoins prices will decrease. Moreover, when Bitcoin is dumped, the altcoins prices will go further down. And when the price of Bitcoin consolidated after all this, then there is an altcoin season. Now, the majority of altcoins will test a new all-time high.

this much is true and I also seen the same similar pattern in which if bitcoin prices in general going up, it just doesn't mean altcoin will also go up, usually the dominance of altcoins are plummeted and got eaten by bitcoin first until the bitcoin price is going up so high and consolidate as you said and then thats the time for altcoin season.
meaning that if we are entering a new bullish era doesn't necessarily means that every coin out there would be going up at first it will be bitcoin with its massive rally and potentially reaching all time high and then the turns change. that is the time for altcoin to take advantage of the greed of the market and the bullish.

Yes, that's because sometimes the effect is delayed or the increase in Bitcoin is too small to influence the others. I think the demand of alts are still the same, it's just that sometimes there are new people who entered and they go on Bitcoin first. When BTC is rising, it gives an illusion that altcoins are falling but it wasn't actually.

If BTC price reaches to a higher point, people will be intimidated to buy and they may switch out to altcoin for a while. This is the time that altcoins can catch up and a bull run is officially started. Sometimes people will sell their BTC first, to have a capital. This allows us to see an altcoin season only while BTC price is already dumping.

but sometimes bitcoin and altcoins move together, but you can be sure that if bitcoin has increased then altcoins will also experience it, what is usually done by speculators is when bitcoin is bullish and is considered to have reached its climax, they will look for potential altcoins to buy and have not experienced a significant increase, so they still have hope of getting profits according to their targets. things like that often happen during the bullish season and prove to be profitable

[shinratensei_]

Of course, when btc goes up and the alts will up too. Thats how the market works because when the btc price rise there something good news appear and it will make crypto more attractive so it will make positive trend for the market.

That's why Bitcoin is the king of crypto because when Bitcoin goes up, it will also make altcoin prices go up,
for now the market is still going up and down and hopefully the bull market can come soon,
I hope there will be more positive news in the future and we'll see.

when bitcoin is going up, altcoin in general might be hit by some storms. here's the thing. when bitcoin prices go up its domination also rises.
all the investment scattered around all these altcoins in general are gonna gets centered around investing to bitcoin again, thats why its domination rises in the first place.
and then the altcoin are just left with lesser market capitalisation which means lesser value.
only when bitcoin has stop having massive rally that I could see altcoin rise, of course it not always like that in every bullruns, but its just that the bullrun is more varied than you think it is.

[|MINER|]

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

First of all I wanna say that, whole crypto world running by following the steps of bitcoin. Now in this case where bitcoin will go it also understandable that those will also  follow that path. Then psychological sentiment apart from market sentiment are all reasons behind it.
But that doesn't mean the all-time the whole crypto currencies I mean all the currencies doesn't follow the bitcoin price. Many times some of coins dumps while bitcoin are running but most of the cases most coins are also follow the bitcoin prices.

[bitkanu]

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

First of all I wanna say that, whole crypto world running by following the steps of bitcoin. Now in this case where bitcoin will go it also understandable that those will also  follow that path. Then psychological sentiment apart from market sentiment are all reasons behind it.
But that doesn't mean the all-time the whole crypto currencies I mean all the currencies doesn't follow the bitcoin price. Many times some of coins dumps while bitcoin are running but most of the cases most coins are also follow the bitcoin prices.

i guess it also heavily depends on the general sentiment of the market, its all honestly never repeating the cycle of the past, maybe rather rarely repeating the cycle since bullrun always have different trend and the rising of altcoin in general are all always at different time after bitcoin bullruns.

[awik p]

and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?

First of all I wanna say that, whole crypto world running by following the steps of bitcoin. Now in this case where bitcoin will go it also understandable that those will also  follow that path. Then psychological sentiment apart from market sentiment are all reasons behind it.
But that doesn't mean the all-time the whole crypto currencies I mean all the currencies doesn't follow the bitcoin price. Many times some of coins dumps while bitcoin are running but most of the cases most coins are also follow the bitcoin prices.

It is this sentiment of trust that makes bitcoin a major investment favorite during a bearish season, where altcoins experience dramatic dumps, and our only refuge is in bitcoin or stable coins. this is not because people don't believe in altcoins, but later there will also be an altcoin season where we will see altcoin prices react and that means many investors are starting to enter the altcoin market, until it reaches a saturation point and finally falls back, this is more a strategy in dealing with cryptocurrencies.

[savetheFORUM]

sometimes bitcoin and altcoins move together, but you can be sure that if bitcoin has increased then altcoins will also experience it, what is usually done by speculators is when bitcoin is bullish and is considered to have reached its climax, they will look for potential altcoins to buy and have not experienced a significant increase, so they still have hope of getting profits according to their targets. things like that often happen during the bullish season and prove to be profitable

Generally, in a bullish market, all the cryptocurrencies tend to go up along with Bitcoin, they don't go down or stay stable when Bitcoin is going up, altcoins are following the trend, and as soon as Bitcoin stops going up, altcoins also stop right there, and then move again when Bitcoin does. Sometimes, when the market is in normal conditions, like no bull no bear, some altcoins tend to move in the opposite direction from Bitcoin, if it's going up, they go down, and vice versa.

But this doesn't happen very often and not with every single cryptocurrency, it only happens sometimes with only a single or a couple of cryptocurrencies, and it doesn't continue for long too, it starts doing this now and it might go up and come down a bunch of times, and then it starts following Bitcoin again.

[Wahyuihib]

because as you can see btc is the pioneer of all coins.  so it's only natural that the coins below follow the development of bitcoin.  if bitcoin price goes up, alt price goes up too.  vice versa.

[kawetsriyanto]

but sometimes bitcoin and altcoins move together, but you can be sure that if bitcoin has increased then altcoins will also experience it,

It is the common scheme, Bitcoin increased first and it is followed by altcoins.
I already learned this for a few years, this happens constantly and the scheme is the same. But not all altcoins follow Bitcoin, there are some altcoins that increase in their own ways. Meme coins and stable coins are the examples of the coins that often don't follow Bitcoin. They still can increase although Bitcoin is decreasing a lot.

i guess it also heavily depends on the general sentiment of the market, its all honestly never repeating the cycle of the past, maybe rather rarely repeating the cycle since bullrun always have different trend and the rising of altcoin in general are all always at different time after bitcoin bullruns.

The market sentiment or the issues around crypto is always influenced the prices of crypto coins. Regarding the cycle, we know that 4 years cycle always repeats although it is not 100% the same. Many people are motivated to buy crypto coins because of this cycle. They believe the cycle will always repeat in the future.

[tygeade]

sometimes bitcoin and altcoins move together, but you can be sure that if bitcoin has increased then altcoins will also experience it, what is usually done by speculators is when bitcoin is bullish and is considered to have reached its climax, they will look for potential altcoins to buy and have not experienced a significant increase, so they still have hope of getting profits according to their targets. things like that often happen during the bullish season and prove to be profitable

Generally, in a bullish market, all the cryptocurrencies tend to go up along with Bitcoin, they don't go down or stay stable when Bitcoin is going up, altcoins are following the trend, and as soon as Bitcoin stops going up, altcoins also stop right there, and then move again when Bitcoin does. Sometimes, when the market is in normal conditions, like no bull no bear, some altcoins tend to move in the opposite direction from Bitcoin, if it's going up, they go down, and vice versa.

But this doesn't happen very often and not with every single cryptocurrency, it only happens sometimes with only a single or a couple of cryptocurrencies, and it doesn't continue for long too, it starts doing this now and it might go up and come down a bunch of times, and then it starts following Bitcoin again.

Depends on the project really. I know that the market in general goes up, but during bull markets there are a lot of projects that scam people and rug pull as well. Their aim is to get rich and they create fake stuff and just steal peoples money, or they may end up getting hacked as well, some hacker finds a loophole in the system and just takes all the money. This is why it would be smarter if they could just end up getting some money some other way as well.

This is not going to be easy but we are going to end up with something that would be risky even during bull run. This is why always invest in projects you trust, or you are going to end up very much like Luna investors and lose all your money along wit hit.

[fmz89]

depend how you see it, in usd or btc, alt tend to getting less in btc value when btc goes up, mostly stay or a bit climbing when btc goes up, money come to btc first
after btc hit peak then money moving to alt which mean if alt moving really alot, its expecting btc hits peak ath, whale pumped alt for exit point

[Chivas Regal]

What sort of pool of alt coins are you taking your survey from?  A small subset of major alts, or a more broader sweep of coins and tokens?  If I'm not mistaken there is an impending halving of Litecoin and XMR had a judgement in its favor so these coins might be causing investors to reevaluate their positions (i.e. HODL this month and see how the cards fall).

[bastian466]

Usually altcoins will follow the price increase if bitcoin increases but not all altcoins follow it for example if bitcoin reaches a new all-time high then usually altcoins like ethereum and bnb experience the same thing creating a new all-time high if other altcoins that have many kinds of movements have not been studied and some are in the opposite direction, that's what always happens in the crypto market which is difficult to predict