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Topic: Can Bitcoin and Altcoins bullish together (Read 2515 times)

full member
Activity: 1050
Merit: 100
December 21, 2020, 10:03:56 AM
it's hard to go up together. because bitcoin and altcoin are like two opposite sides. if bitcoin goes up, it means bitcoin dominance increases. and this affects the altcoin chart, where there is a movement from altcoin to bitcoin. but on the other hand, if bitcoin falls, it is certain that altcoins will also experience an even more severe impact.
Yes, and things like this have happened very often and can be easily seen, for example at this time where Bitcoin is experiencing a slight decline, and some Altcoins have also followed suit, even the decline is more severe than Bitcoin.
hero member
Activity: 1946
Merit: 502
December 21, 2020, 08:52:54 AM
This period have really change from before, as if btc and alts will not bull run together this time, back in 2017 things were easy to predict because anytime btc is bullish alts also follows as well but now i can't understand what is happening, nobody really knows when the alts season will come, everything is base on hope right now.
sr. member
Activity: 1540
Merit: 255
December 21, 2020, 02:32:26 AM
it's hard to go up together. because bitcoin and altcoin are like two opposite sides. if bitcoin goes up, it means bitcoin dominance increases. and this affects the altcoin chart, where there is a movement from altcoin to bitcoin. but on the other hand, if bitcoin falls, it is certain that altcoins will also experience an even more severe impact.

What you said is correct, we are experiencing this type of situation for both the altcoin and Bitcoin, the chances increasing altcoins price are high only when the price of Bitcoin stables. When the price of Bitcoin increases or decreases we might experience slight changes in altcoin prices. So there is no guarantee the price of altcoin will increase their prices along with the Bitcoin.
legendary
Activity: 2982
Merit: 1028
December 20, 2020, 10:07:31 PM
it's hard to go up together. because bitcoin and altcoin are like two opposite sides. if bitcoin goes up, it means bitcoin dominance increases. and this affects the altcoin chart, where there is a movement from altcoin to bitcoin. but on the other hand, if bitcoin falls, it is certain that altcoins will also experience an even more severe impact.

That's contradict the first statement, it is possible for both sides to be in bullish state.

Most of the time Bitcoin carries the momentum, once there's a dominance both positive and negative it impacted the entire market
though there's also some alts who are moving differently those  who are independent from any other projects. Or some that being played
by pump and dump groups.
full member
Activity: 1064
Merit: 101
HELENA
December 20, 2020, 10:02:23 PM
it's hard to go up together. because bitcoin and altcoin are like two opposite sides. if bitcoin goes up, it means bitcoin dominance increases. and this affects the altcoin chart, where there is a movement from altcoin to bitcoin. but on the other hand, if bitcoin falls, it is certain that altcoins will also experience an even more severe impact.
hero member
Activity: 2926
Merit: 636
December 20, 2020, 06:58:01 PM
Bitcoin and all the top altcoins are additionally having a lot of bull pattern and I am likewise bullish that that both Bitcoin and altcoin will do a similar this bull pattern season. I am certain that we are as yet sitting tight for a little adjustment. be that as it may, when there will be a bullish run of the entire market.
Altcoins are bullish at the moment, however, don't expect that it's the same scenario like in the last bull run because it's not happening now. Bitcoin is so bullish, while altcoins were only affected positively but it's no really having an independent move.

The overall marketcap is the evidence, it's easy to analyze, we are only at over 600 billion dollars now, but before we are at 900 billion dollar and bitcoin was just at almost $20k. know the difference.
hero member
Activity: 1260
Merit: 504
December 20, 2020, 12:20:55 AM
Bitcoin and all the top altcoins are additionally having a lot of bull pattern and I am likewise bullish that that both Bitcoin and altcoin will do a similar this bull pattern season. I am certain that we are as yet sitting tight for a little adjustment. be that as it may, when there will be a bullish run of the entire market.
hero member
Activity: 1470
Merit: 555
dont be greedy
December 19, 2020, 11:07:48 PM
Nothing is impossible, Bitcoin and altcoins have in common that can make them move in the same direction. Some of the similarities are that both are digital currencies based on blockchain. The factor that makes digital currencies experience price growth is the mass adoption of Blockchain technology (for example).
All the good news that addresses the variable "Blockchain-based digital currency" will have an impact on the unidirectional movement of Bitcoin and Altcoin prices.
plr
member
Activity: 1162
Merit: 24
December 19, 2020, 08:49:53 PM
looks like it won't happen this year. during my time in the crypto world from 2014 to date, the only beauty I saw was in 2017, where BTC and most of the altcoins were fast moving and green. I predict that next year there will be another miracle like in 2017. For this year, it looks like BTC and altcoins are moving apart, and only a few altcoins are moving following Bitcoin

The reason is investors have seen that altcoins are going long term some of them are out in a couple of years while Bitcoin is going stronger every month and every year, and the Bitcoin dominance plays a major factor on investors decision to pick Bitcoin than altcoins, I believe altcoins will have their season.
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
December 19, 2020, 03:53:12 PM
of course altcoins and bitcoin can experience bullish together because in recent years we have seen this happen in the market and when we see Bitcoin price bullish, then the Altcoins price virtuality is also bullish although not as big as bitcoin increase and this is caused by there is an interplay between bitcoin and altcoin, but the correlation that occurs like this is not always fixed and there are times when the price of Bitcoin goes up, some Altcoins actually experience a decline and vice versa so this cannot be predicted accurately.
sr. member
Activity: 1008
Merit: 250
December 19, 2020, 10:27:51 AM
In spite of the fact that there are a few cases that the two digital forms of money bullish together particularly when the Bitcoin splitting is occurring, similar to what we have ahead for Bitcoin. It more likely than not been the equivalent, we can say that we are in a positively trending market if altcoins and bitcoin are both expanding.
member
Activity: 169
Merit: 10
December 19, 2020, 08:08:35 AM
Everybody in our Crypto Community is happy that we are going in right direction with building value of Bitcoin. This is really appreciable how BTC is improving in each single day. No doubt Bitcoin deserve attention of the world due to its features in any means.

But with the bitcoin most of us also trading or Hodling altcoins together in our portfolio which is logical. Most of the time Bitcoin and Altcoin work inversely proportional i mean when bitcoin is moving upward in mean time altcoins start crashing.

But in last bull run jan 2018 we seen every thing was going to the moon. Now i want to know community opinion.

Are we going for a Bull run like 2018, Or this time Bitcoin and altcoins will unleashed separately.

Just look for good altcoins, there is always an ongoing altcoin run, etfx.finance. Comfy AF, high staking rewards, amazing liquidity!
copper member
Activity: 966
Merit: 14
December 19, 2020, 05:37:09 AM
To be frank, Bitcoin has changed a lot of thoughts as well as surprised many people, that is, looking down the past and how it all started shows that, Bitcoin is really an exceptional coin which was strengthened by each tough phase it passed through, this goes a long way in making it valuable. In this year alone despite the economy of the world, Bitcoin still broke its ATH and set a new record. Nevertheless, looking at the growth of Bitcoin so far, it can be said that we experienced a somewhat bull run which is different from that of 2018, that is, the more Bitcoin is growing, some altcoins were growing with it, such as Ethereum, and while Bitcoin passed its ATH other altcoins couldn't (maybe not yet) but however they experienced a good growth.
Hence in my own opinion, Bitcoin and few altcoins now grows together but from all ramifications, it is clear that the main attention has always been Bitcoin.
full member
Activity: 812
Merit: 100
To bullish together it is actually everyone's hope, but in fact not everything happens. because what often happens in the field when bitcoin rises altcoins do not always go up drastically, who knows what makes altcoins unable to follow in bitcoin's footsteps to rise drastically
sr. member
Activity: 499
Merit: 250
Chainjoes.com
at the moment, it's happening...
Bitcoin and some Altcoins are bullish together. in the last 1 month, the cryptocurrency capitalization has increased by 100%, this really a good condition. most likely Bitcoin and some Altcoins bullish will continue for the next few days.
The market is in a very good stage and for sure many coins will soon reach new ATH so this is a time that you should not ignore and should accumulate some big coins now. Currently, in addition to the top 100 coins, you can consider investing in new Defi projects because this is a trend that is mentioned a lot. However, before investing, you need to have a reasonable investment strategy to avoid unnecessary risks in this market.
That's for sure as the demand to invest in this market is trending up, and the value of almost all coins in this market will depend heavily on Bitcoin. However, before investing in altcoins, you should consider carefully because there will always be risks and each of your decisions will directly affect your pocket. I recommend that you only choose coins that are having a steady increase like Ethereum, Dash, Binance as these are good options for investors.
sr. member
Activity: 379
Merit: 250
at the moment, it's happening...
Bitcoin and some Altcoins are bullish together. in the last 1 month, the cryptocurrency capitalization has increased by 100%, this really a good condition. most likely Bitcoin and some Altcoins bullish will continue for the next few days.
The market is in a very good stage and for sure many coins will soon reach new ATH so this is a time that you should not ignore and should accumulate some big coins now. Currently, in addition to the top 100 coins, you can consider investing in new Defi projects because this is a trend that is mentioned a lot. However, before investing, you need to have a reasonable investment strategy to avoid unnecessary risks in this market.
sr. member
Activity: 2338
Merit: 365
at the moment, it's happening...
Bitcoin and some Altcoins are bullish together. in the last 1 month, the cryptocurrency capitalization has increased by 100%, this really a good condition. most likely Bitcoin and some Altcoins bullish will continue for the next few days.
member
Activity: 385
Merit: 12
I have been watching the cryptocurrency market from 2017 and if the price of bitcoin increases then altcoin always follow the bitcoin rally.Yes sometimes it may not be instant but after bitcoin increases and reaches to its stable point then altcoins prices start to move.On the other hand if bitcoin price falls then without any doubt all the altcoins drastically falls.

And without any doubt,like before this time also altcoins will follow the bitcoin rally and it can go ATH.If bitcoin breaks the 13000$ then it will go the moon and I hope altcoin will also follow his parent coin I mean Bitcoin.
member
Activity: 449
Merit: 10
swordking
Now , the crypto market has shows the moving up. Based on the 2017-2018 , if bitcoin bullish then altcoins will also follow it.
Recently bitcoin has a good move from $9000 to $11500. This is good move. We will see that bitcoin will rise to a higher price.
Indeed true, history is evidence whenever BTC is bullish that time many alts would start following BTC's bull. Right now we can see along with BTC many alts have been starting pumping.
full member
Activity: 302
Merit: 100
Now , the crypto market has shows the moving up. Based on the 2017-2018 , if bitcoin bullish then altcoins will also follow it.
Recently bitcoin has a good move from $9000 to $11500. This is good move. We will see that bitcoin will rise to higher price.
That means the fact has already proven if bitcoin and altcoin can grow together, the btcoin market will always correlate with altcoin market. Bitcoin just likes the main pair for altcoin and this can't be argued anymore.
People can see the market right now.
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