Let's face the reality folks. Not all altcoins but the majority of them are being driven by the price of BTC.
Looking at coin performance, you can see it there clearly how coins are reacting to BTC price movement.
Everytime BTC is on bearish mode, expect that the majority of altcoins will follow. Honestly even sometimes BTC is making an uptrend, other altcoins can't even follow so what's more if the trend is a downtrend. I also don't believe in those old sayings that there's an altcoin season while BTC is on bearish mode. There might some coins or tokens that will surprise us for a big price change but surely, that was a manipulated coin.
That is not the point, that could be true and that's fine. Let them all go up together and all go down together and that's fine. What we need to know is "how much" and that changes a lot. Like let's say bitcoin goes up 10% but ethereum goes up 20%, that means ethereum is doing great, if bitcoin is going up 20% but ehtereum goes up 10% then ethereum is not doing good.
There are times when bitcoin goes up, and others go up as well but not as much, those periods are when it is bitcoins time, and then there are times what we call "alt season" where bitcoin goes up but only a bit, whereas other coins go up like crazy. That is what I believe will make a huge change in crypto, alt seasons are places where everyone makes insane returns, because 10 billion dollars going into bitcoin will make it go up a bit, but 10 billion dollars into any other coin would make it go 5x easily, some of them even 100x, that is why alt season is much more profitable.
