Topic: only the price of Bitcoin is increasing? - page 8. (Read 1795 times)
Everything is up now but bitcoin is rising higher. Perhaps it is because the binance token is being dumped like mad, after that hack binance is no longer safu and people might switch to kraken which is supposed to be the safest exchange on the market right now
To a large extent the prices of those cryptocurrencies that trades against btc increase by USD value, a clear case is a coin that worth 500 SATs when btc was $3000 and worth 400 SATs now that btc worth $7000.
When btc price increase the prices of other altcoin also increased and vice versa
When btc price increase the prices of other altcoin also increased and vice versa
Because altcoin owners turn to btc. They want to earn extra profit by selling their acquired altcoins against btc. In such cases, btc first moves forward, then altcoins follow.
Then, it seems that only the top-30 altcoins owners decided to turn to Bitcoin. As if you check alts with the lower market capitalization, you will see that many of them started to gain well.
Well, for now, I don't really see the development of other coins. well, maybe the price of bitcoin has indeed risen very well, and fast. however, the altcoin price didn't rise so sharply, even some of the prices dropped, I think it's only a matter of time until the altcoin price rises again.
so am I, sir. to see all altcoins at this time is different from 2017. The price soared to the effect of the altcoin of course. but this year is different from the previous one. bitcoin is now boosting a very significant price. but it has no effect on the altcoin for now Well, for now, I don't really see the development of other coins. well, maybe the price of bitcoin has indeed risen very well, and fast. however, the altcoin price didn't rise so sharply, even some of the prices dropped, I think it's only a matter of time until the altcoin price rises again.
it is true that the increase in bitcoin now does not have an effect on altcoins, is this just a price correction for bitcoin and I have not seen any signs for all altcoins that will follow the rise in bitcoin prices. 
Did this happen previously? Back then it use to but not anymore.
Bitcoin increase in price has never directly affected the increase of altcoins in the past, sometime it could just be coincidence when bitcoin increases, altcoins increases too, if you look at the last bull market, altcoins bull market time was not the same time with Bitcoin bull market, they all came at a very different time.in fact during the bull run of BTC, many altcoins almost went to zero, because all attentions from investors were totally diverted to bitcoin for investment, but there was also a time too during alt season, that many people focused on alt investment and the value of alts started shooting high that some gave as high as 1500x.
Well, for now, I don't really see the development of other coins. well, maybe the price of bitcoin has indeed risen very well, and fast. however, the altcoin price didn't rise so sharply, even some of the prices dropped, I think it's only a matter of time until the altcoin price rises again.
AFAIK, most value depend on supply and demand.
But when bitcoin increase most alt will remain same or decrease because they are adjust their value for crypto.
So if alt also increase, it means the demand also increase like bitcoin at the moment !
The trend of every market depend on the level of supply with demand and most of crypto holders choose to hold their Bitcoin but the decision made by the arbitrages traders also determine the trend of the crypto market. The reason why only bitcoin seems to increase lately was because the arbitrages traders choose to hold more Bitcoin than altcoin and most Bitcoin are not willing to sell their coin.But when bitcoin increase most alt will remain same or decrease because they are adjust their value for crypto.
So if alt also increase, it means the demand also increase like bitcoin at the moment !
AFAIK, most value depend on supply and demand.
But when bitcoin increase most alt will remain same or decrease because they are adjust their value for crypto.
So if alt also increase, it means the demand also increase like bitcoin at the moment !
The trend of every market depend on the level of supply with demand and most of crypto holders choose to hold their Bitcoin but the decision made by the arbitrages traders also determine the trend of the crypto market. The reason why only bitcoin seems to increase lately was because the arbitrages traders choose to hold more Bitcoin than altcoin and most Bitcoin are not willing to sell their coin. But when bitcoin increase most alt will remain same or decrease because they are adjust their value for crypto.
So if alt also increase, it means the demand also increase like bitcoin at the moment !
as we see, the price of Bitcoin starts to grow and soon the price of Bitcoin will reach $ 6000 or even more than that, but what is happening now is the price of other cryptocurrency does not increase when the price of Bitcoin increases, because usually the price of other cryptocurrency will increase also when the price of Bitcoin increases, so what do you think is happening now? does the price of Bitcoin not affect for the price of other cryptocurrency again?
I really do not think bitcoin will be affected by the price or share of another currency, so far it seems to me that bitcoin is the market leader, and a competitor against it, it is very difficult.
According to my short experience, but which, thanks to many text book readings, bitcoin still lacks a lot to accumulate, in fact bitcoin has a student structure in the market that attends to the main theories made by high speculators. wingspan.
If we analyze the market from the point of view of accumulation and distribution, we can define that now we are in accumulation now. If we look that bitcoin bullish movements have been happening these days, it is very normal, it can go up to more or less $ 9k and lower, because it is the range that bitcoin has normally seen for now, so the volatility in these prices is usually be very tall
For investors this is the best stage of the market to be able to operate and buy many bitcoins, which, for some holder of altcoins can also be. But the bullish trend I think that the price to execute is not yet ready, this is my personal analysis.
in my opinion what is happening now is the beginning of a bull run for the market, and gradually the alt coin price will also increase.
just waiting for the price of Bitcoin to correct at a stable price, then the alt coin price will also increase. I hope the bitcoin price hits $ 10k or more to make the coin market grow again, with more new user and investor
This is the bitcoin price that needs to be achieved this year because $10,000 is a very difficult price to overcome because many barriers are waiting ahead. I think as long as Bitcoin increases and stabilizes then all altcoin will soon have new growth but in order to do that we must have great confidence in this market and the psychology of long-term investors must be good. Anyway, Bitcoin's growth in the last few days is a good sign but there will certainly be a big correction in June so let's wait. just waiting for the price of Bitcoin to correct at a stable price, then the alt coin price will also increase. I hope the bitcoin price hits $ 10k or more to make the coin market grow again, with more new user and investor
if you look at alts, https://www.coingecko.com/en yes only BTC is doing well
this shows the rush to safety which is bitcoin
this shows the rush to safety which is bitcoin
in my opinion what is happening now is the beginning of a bull run for the market, and gradually the alt coin price will also increase.
just waiting for the price of Bitcoin to correct at a stable price, then the alt coin price will also increase. I hope the bitcoin price hits $ 10k or more to make the coin market grow again, with more new user and investor
just waiting for the price of Bitcoin to correct at a stable price, then the alt coin price will also increase. I hope the bitcoin price hits $ 10k or more to make the coin market grow again, with more new user and investor
as we see, the price of Bitcoin starts to grow and soon the price of Bitcoin will reach $ 6000 or even more than that, but what is happening now is the price of other cryptocurrency does not increase when the price of Bitcoin increases, because usually the price of other cryptocurrency will increase also when the price of Bitcoin increases, so what do you think is happening now? does the price of Bitcoin not affect for the price of other cryptocurrency again?
I think the main reason is that, people are pulling their assets from Altcoins and dumping it to Bitcoin as it is increasing. When Bitcoin starts to drop, we might see people who will pull out from bitcoin and dump their assets to alts.
Yes saw something very similar to this in 2017 , xrp rocketed and alot of other alts in december right before btc got to its peak and started to drop when ppl where moving btc to alts instead.
The graphs slowly and steadily started growing which would feel more peoples attracted towards bitcoins and would invest in here. Usually, if bitcoins go on the peak then it would also take all major altcoins which majorly depend on bitcoins along with it and so did the XRP last time.
AFAIK, most value depend on supply and demand.
But when bitcoin increase most alt will remain same or decrease because they are adjust their value for crypto.
So if alt also increase, it means the demand also increase like bitcoin at the moment !
But when bitcoin increase most alt will remain same or decrease because they are adjust their value for crypto.
So if alt also increase, it means the demand also increase like bitcoin at the moment !
It does not matte at all... If it is the start of another bull run, the sooner or later most coins will rise. If you sell for btc just because of that, you may make a loss.
as we see, the price of Bitcoin starts to grow and soon the price of Bitcoin will reach $ 6000 or even more than that, but what is happening now is the price of other cryptocurrency does not increase when the price of Bitcoin increases, because usually the price of other cryptocurrency will increase also when the price of Bitcoin increases, so what do you think is happening now? does the price of Bitcoin not affect for the price of other cryptocurrency again?
The price for bitcoins will surely affect the price for all other altcoins. If we see now, as the price has already reached $6000 there are a number of peoples who would sell their altcoins to contribute towards bitcoins and hold bitcoins in these bull markets. This will actually make the price for other altcoins go down as there will be more sell orders then buy orders but it could be expected vice-versa soon when the price for bitcoins will settle on the peak. Once the price for bitcoins is on the peak and more stable then peoples would again start putting their money into the altcoins which will then make the price for altcoins go up.
Any possibility of bitcoin rising above 20k?
Today's very surprising, Bitcoin price rise 3,54% and the prices touch $6300. However this increase was not followed by some altcoins. I think this is good trend and i hope this is sign of bull.
That is why we cannot predict what will happen with the cryptocurrency later. Perhaps, we already saw when bitcoin price increase, some altcoin has following to increase too but this time was different. The increasing of bitcoin price just push the altcoin to go down and many of them still going down until now.
But I still optimistic that the altcoin will be back to increase and will follow bitcoin price. We need to be patient for a while, and perhaps, we need to let bitcoin price increase to a new price level, and then, the altcoin will start to increase and break the higher price. Although we don't know the right time to see the price increase, we could prepare by buying more bitcoin and altcoin if we want so we can make more profit later.
Today's very surprising, Bitcoin price rise 3,54% and the prices touch $6300. However this increase was not followed by some altcoins. I think this is good trend and i hope this is sign of bull.
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