if btc drops to 7-8k range what happens to alts?
Some altcoins will drop other will stay the same it depends on the coin, there are some coins that only depends on Bitcoin on its market price and volume, we have seen this happen a hundred times and this has been the scene ever since.
Topic: if btc drops... - page 9. (Read 1455 times)
The altcoins will drop as well, why? Most altcoins are paired in bitcoin so if the bitcoins price drop the altcoins will drop as well, as simple as that. Well if the bitcoin drops it's a great opportunity to invest not just on bitcoin but also to other altcoins. I've noticed it last year when bitcoin drops there's a lot of good cryptocurrency to invest in but now they're running bullish.
BTC has a great influence in this market and the BTC is controlling all available altcoin so the price reduction of Bitcoin will greatly affect the profitability of investors. I think this is the rule in crypto and no one can resist this king during the past time. It is still not clear what will happen next, but I believe Bitcoin will remain stable until the end of June so don't worry too much. 
if btc drops to 7-8k range what happens to alts?
People will be rushing to sell their bitcoin for altcoin without care about the support wall and that's why the dump will happen for altcoin. Bitcoin gets increase but altcoin a bit difficult to get increase to consider the volume gets centralized on the bitcoin, the majority of increase on altcoins depend on the development that can be seen by investors especially for speculators.
I think that some altcoins may also drop again following the Bitcoin. However, not all of them will drop, some coins may be still stable and stay in their rate or maintain it. However, I don't think that the price of the BTC will drop drastically if we are looking at the progress of the market so far. The BTC price is really amazing and significant for the increase.
I would suggest for you to check first the market volume as even though a price of a certain crypto decreases that does not mean all of the tokens will follow with it. Even if it is BTC, as we already experienced similar kind of market situation where BTC is declining but prices of altcoins are increasing, vice versa.
If the BTC goes down, then what happens to the altcoin also decreases even though the percentage of the decline is different from BTC, you can see as an example in the crypto market today because BTC is increasing and altcoin is following to go up although the percentage is very different.
The altcoins will drop as well, why? Most altcoins are paired in bitcoin so if the bitcoins price drop the altcoins will drop as well, as simple as that. Well if the bitcoin drops it's a great opportunity to invest not just on bitcoin but also to other altcoins. I've noticed it last year when bitcoin drops there's a lot of good cryptocurrency to invest in but now they're running bullish.
if btc drops to 7-8k range what happens to alts?
if Bitcoin goes down then the Altcoin price is likely to go down ... but not all altcoins will follow in the footsteps of bitcoin which must go down in price ... because the cryptocurency is very uncertain ... everything depends on volume and demand ... but for now I'm still sure that the price of bitcoin will continue to increase ..
if btc drops to 7-8k range what happens to alts?
Some altcoins will drop other will stay the same it depends on the coin, there are some coins that only depends on Bitcoin on its market price and volume, we have seen this happen a hundred times and this has been the scene ever since. 
Currently BTC is up to 10k threshold, altcoin has paid on BTC is decreasing very strong. If BTC continues to dump so hard, altcoin will be even more catastrophic
I so much agree with this and we should not expect more changes in price in a negative way now as it is difficult for bitcoin to fall back to $7000 as the market conditions keep improving! I visited coindesk today and I find many good news and that means that bitcoin may be on it way towards $15,000 trading area. It happens in this way in 2017 and from there we should expect more flipping as funds will flow into alternatives coins market. Altcoins will benefit when people or investors think bitcoin has been over bought.
Alts will also drop its usd value. All of the altcoins are dependent on bitcoin in terms of fiat value. Even if it has a high btc value, the fiat value will still be the same. If that happens then you only have two options hodl or sell if you have weak emotion. If btc dumps hard again it's an opportunity for buyers to accumulate more.
if btc drops to 7-8k range what happens to alts?
With a sharp fall, there is always panic on the market. I am sure many coins will immediately go down a few points. But notice the growth of Bitcoin to 10,000 does not greatly affect the growth of 90% of the market. In Thoria, most coins should not fall in price.
with no mention of prices, the downward trend in bitcoin will be followed by altcoin. and I think the altcoin average will follow in the footsteps of bitcoin. only a few altcoins in the opposite direction. but indeed the decline for each altcoin will be different, according to each ability
If in the future BTC goes drops to 7K - 8K then ALT will also lose parent and go drops too but it will rise again and like that continue regarding prices in the market, you don't need to panic when holding ALT in the current situation cause the market is currently certain the bull run right.
of course I think altcoin will fall too, like the previous event, when Bitcoin crashed then I'm sure the altcoin will also fall.
although sometimes only a few altcoins follow the movement of Bitcoin, the rest have their own trends.
although sometimes only a few altcoins follow the movement of Bitcoin, the rest have their own trends.
So far altcoins are dependent on bitcoin in terms of its price rise and down. So generally, price of altcoins will go down if bitcoin falls in price. However, altcoins are becoming independent and this is for a good reason. Many coins have started developing coins on their own blockchain. I think bitcoin will reach $12000 before falling.
If Bitcoin goes up, altcoins will go down.
If Bitcoin goes down, altcoins will go down more.
We all know that our altcoins are pretty useless and we are waiting for the last pump to sell them for Bitcoin.
If Bitcoin goes down, altcoins will go down more.
We all know that our altcoins are pretty useless and we are waiting for the last pump to sell them for Bitcoin.
if btc drops to 7-8k range what happens to alts?
I don't even want to think about it. Market needs some rest anymore. I think if BTC will be over 10K for a while, all of us can earn some money with trade.
if btc drops to 7-8k range what happens to alts?
As you can see if bitcoin being dump all of the alts is bleeding too, and that what happen if btc will drop even a less drop. That how volatile the market is but if you see the situation now btc keeps rising then enjoy your profit ahead.
if btc drops to 7-8k range what happens to alts?
Often what we see if BTC goes down bitcoin also goes down too, but what happens now is the price of bitcoin rises at the price of several altcoins down. So what you need to do is if you are a trader, use your analytical technique to find out what will happen to altcoins
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