The entire cryptocurrency market depends on Bitcoin. Bitcoin is the leader of all altcoins. One can easily understand the power of bitcoin simply by checking its market capitalization. Also till now, history has shown that almost all altcoins follow bitcoin trends.
We should be always cautious trading altcoins considering bitcoin price trends.
Topic: What Happens To The Altcoins If Bitcoin Drops Strong? - page 3. (Read 1043 times)
Whether bitcoin price increase or not, there's still coins that are destined to be shitcoin forever. Those coins suppose not to exist in cryptosphere. Their price is always at 0.00003 per token. Is there any possibility that the price of such altcoin will skyrocket if bitcoin price hits $50k.
Its quite surprising to know that it's only few altcoin will increase over bitcoin bullrun but only the small bearish market of bitcoin can knock off the entire crypto in dilemma of no returns. Its too bad seeing that happening to altcoin
Its quite surprising to know that it's only few altcoin will increase over bitcoin bullrun but only the small bearish market of bitcoin can knock off the entire crypto in dilemma of no returns. Its too bad seeing that happening to altcoin
It's not a strange thing anymore as we have seen it in the real world and not just a hypothesis in a written book, a slight correction in bitcoin will shake the market, if bitcoin drops strong like a $2k dump in a day, altcoins will definitely dump hard lots of altcoin will crash defying all their TA
we have witnessed the bullrun when in 2017, when bitcoin was around $ 19k and at that time altcoin experienced an increase in price but when bitcoin collapsed then altcoins also followed suit so if bitcoin collapsed there would be no hope for altcoin to grow.
Altcoin exists because of bitcoin and after the creation of bitcoin only the other altcoins came in process and created their space in the market. though still bitcoin is the market leader and other altcoins also rises or falls depends on bitcoin move and as rightly said when the bitcoin price rises altcoins also does and vice-versa. Majorly depended on the bitcoins the market trend moves.
If the primary asset drops very strongly, other cryptocurrencies also fall. Such as Ethereum, XRP, Litecoin, and Bitcoin Cash also declined. In addition to this massive decline, market capitalization also declined. But we also have to be ready because when Bitcoin drops very sharply, Bitcoin is also ready to go back to the top. For those of you who are still holding coins, you must be patient and do not follow the flow, to avoid the loss. The altcoin is an alternative to Bitcoin and if the main coin collapses, Altcoin will also respond to it. But we also have to be ready to re-buy the coins because if the price returns quickly we will make a profit.
the decline has occurred several times in the crypto market. bitcoin went down very deep and it made it difficult for an altcoin to improve their value to date. even after bitcoin corrects pretty well, the altcoin is still having trouble getting back. the movements that occur still look slow. if a large pump will occur again, maybe you are right, we must determine to buy some more assets. 
If the primary asset drops very strongly, other cryptocurrencies also fall. Such as Ethereum, XRP, Litecoin, and Bitcoin Cash also declined. In addition to this massive decline, market capitalization also declined. But we also have to be ready because when Bitcoin drops very sharply, Bitcoin is also ready to go back to the top. For those of you who are still holding coins, you must be patient and do not follow the flow, to avoid the loss. The altcoin is an alternative to Bitcoin and if the main coin collapses, Altcoin will also respond to it. But we also have to be ready to re-buy the coins because if the price returns quickly we will make a profit.
If Bitcoin drops strong it is certain that the price of altcoins will be destroyed, but now the price of Bitcoin is stable at $ 9000-9300.
So it's still safe to investing in altcoins, and according to the results of my analysis shows a trend up for Bitcoin. Means it's not a bad
thing to collect altcoins, even some popular altcoins are at a low price. Then it's a good opportunity to buy altcoins, even so stay alert
because the price of Bitcoin is volatile so it could go down suddenly.
So it's still safe to investing in altcoins, and according to the results of my analysis shows a trend up for Bitcoin. Means it's not a bad
thing to collect altcoins, even some popular altcoins are at a low price. Then it's a good opportunity to buy altcoins, even so stay alert
because the price of Bitcoin is volatile so it could go down suddenly.
Well, if the price of bitcoin falls, then automatically, people will lose trust in an altcoin.
how did you know that , are you doing it ? i do have both alts and btc but i never loose my faith on both coin if ever one of them are loosing thier value . infact it makes me stronger seeing my coins fell down because when you are weak you will sell off at the dip and market manipulators will only laugh at you . altcoins can be dragged down too but not guaranteed . when btc drops, altcoins were sometimes gains an increase on demand or wont be affected at all .
Well, if the price of bitcoin falls, then automatically, people will lose trust in an altcoin. it happens a lot when the price of bitcoin goes down, sometimes even altcoin dumps are very bad because of that. Well, it's just that everything goes back to developing an altcoin. if they have a good strategy, then they can maintain the price they have.
even the most altcoins that experience a fall when the bitcoin dump is very difficult to restore their prices. bitcoin improvements that occur are better but, altcoin doesn't have a good enough improvement. looks slower and with small movements.
There are many thing that can make bitcoin price move even you can't judge that your prediction is valid when you just took all the conclusion through in one factor or only through a technical analyst.
You have to compare your technical analyst to the fundamental analyst. Even, I myself always use fundamental factor first to make a prediction in technical analyst. This is why like you said bitcoin price can goes up and down now and tomorrow and the market sentiment can be change everytime.
You have to compare your technical analyst to the fundamental analyst. Even, I myself always use fundamental factor first to make a prediction in technical analyst. This is why like you said bitcoin price can goes up and down now and tomorrow and the market sentiment can be change everytime.
If bitcoin plummets, then this entire market will collapse. Bitcoin is the king of this market and it affects all altcoins here. Since 2018 until now, bitcoin has continued to reverse, and it has caused the altcoin to fall 10-100 times compared to the previous ATH.
Well, if the price of bitcoin falls, then automatically, people will lose trust in an altcoin. it happens a lot when the price of bitcoin goes down, sometimes even altcoin dumps are very bad because of that. Well, it's just that everything goes back to developing an altcoin. if they have a good strategy, then they can maintain the price they have. 
We have been bearish since mid-May 2020. Yesterday we decided to READ the weekly chart. In the analysis, we clearly mention a technically bullish Bitcoin but that would change if prices move and close below EMA10. If you look at the chart and the description/analysis you will surely agree. The 1H chart is short-term and changes every few hours. Here we are looking/reading the daily chart... We share what we see on the chart. Charts are always changing... Please keep this in mind. A chart can be bullish today, bearish tomorrow, and vice versa. The daily chart for Bitcoin (BTCUSD) is bearish. Prices trading below EMA10 is one signal that I look at. Trading below EMA50 is another bearish signal and stronger. A bearish cross is another one. Low volume another one. Lower highs, another one, etc. "Considering" the bullish scenario on a longer timeframe doesn't change our view and we never shared any trades in any of our channels asking people to long Bitcoin, only reading charts. I know this can be confusing for some but if it is... It is your job to stay out and trade only once you are 100% certain in what you are doing, once you feel 100% sure.
For more details, please visit this, https://www.tradingview.com/chart/BTCUSD/Zd7geN2t-What-Happens-To-The-Altcoins-If-Bitcoin-Drops-Strong/?amp
For more details, please visit this, https://www.tradingview.com/chart/BTCUSD/Zd7geN2t-What-Happens-To-The-Altcoins-If-Bitcoin-Drops-Strong/?amp
I do always say that Bitcoin and Altcoins arent really correlated from time to time when it comes to its price.If bitcoin drops then we do see some alts are in pump mode but we cant avoid the fact that we've been observing after all the years that when Bitcoin market drops then it do drag along most alts with it where it do show off the entire market in reds.Not all but most of alts are on the same path.
So we can presume out anytime that they are connected but overall im not really that keen that much as long you do utilize those movements to be beneficial for you then it wouldnt reallly matter much.
we have witnessed the bullrun when in 2017, when bitcoin was around $ 19k and at that time altcoin experienced an increase in price but when bitcoin collapsed then altcoins also followed suit so if bitcoin collapsed there would be no hope for altcoin to grow.
If bitcoin plummets, then this entire market will collapse. Bitcoin is the king of this market and it affects all altcoins here. Since 2018 until now, bitcoin has continued to reverse, and it has caused the altcoin to fall 10-100 times compared to the previous ATH.
We can just realize that what happens when BTC stops growing up. BTC is the king of this world, altcoins depend on the movement of BTC. l would say it will be really terrible to see that BTC drops. At the current time, BTC is around 9k and altcoins are lower 10 times than their ATH. If BTC decrease, this event would be worst than right now. That is why altcoins depend on BTC and if BTC start decreasing, altcoins will follow also this event.
I think if bitcoin drops in price it will definitely affect the prices of altcoins, cause most altcoins have their trading pairs in bitcoin on different exchanges. But i have also witnessed in most times where some particular altcoins still remains stable despite the fall in price of bitcoin.
The Altcoins will follow accepting the dollar and the price will become very high.
currencies have been unable to control or make profits this year, so investors will contribute to their pumping in order to benefit from some inflows that may occur if the price changes or rises.
bch and bsv will be biggest earning
The next hike will be more than 20% great, and possibly more.
currencies have been unable to control or make profits this year, so investors will contribute to their pumping in order to benefit from some inflows that may occur if the price changes or rises.
bch and bsv will be biggest earning
The next hike will be more than 20% great, and possibly more.
If bitcoin plummets, then this entire market will collapse. Bitcoin is the king of this market and it affects all altcoins here. Since 2018 until now, bitcoin has continued to reverse, and it has caused the altcoin to fall 10-100 times compared to the previous ATH.
Seem like it's not happen this time. When the price of BTC increase, the price of top coins will follow it, and when the price of BTC is stable, it will be the time for atlcoins pump up. Only when the price of BTC falls, the whole market will go down. So we need BTC's price stable as long as possible. hope bitcoin does not go down strongly, because if bitcoin falls it's likely that altcoin prices will also go down,
if you still hold altcoin you should use stop lose
Right, the problem with alts is that unless it is a major altcoin then chances are that if the coin drops it will keep dropping and become dust before even you think if you want to decide to sell or retain it. I have been into many such situations where I have been an emotional fool who would think like the team is working day and night to make the coin stand again but all they are actually doing is to pretend like they are doing a lot while actually selling off their own coins to collect whatever possible before they just go silent.if you still hold altcoin you should use stop lose
The entire crypto space is tightly bind with bitcoin prices which means any fluctuation on bitcoin prices will lead to impact on altcoins. This means any strong drop or rise in BTC prices will be seen along with altcoin markets as well. I guess over the time, we will get practiced to this kind of market movements slowly as most people here not finding this as a big concern no more.
If bitcoin plummets, then this entire market will collapse. Bitcoin is the king of this market and it affects all altcoins here. Since 2018 until now, bitcoin has continued to reverse, and it has caused the altcoin to fall 10-100 times compared to the previous ATH.
We need to think on the other side too whether these rallies we saw in he alt coin were just bubbles and looking at the present market there is no way that some of the altcoins will ever reach their all time high valuation even if the price of bitcoin breaks its all time high valuation, so we have to presume that it was just a bubble we saw when the market was new and if you remember some of the alts moved higher even without the price of bitcoin, so if there is a fundamental trust in these alts the price will rally again and we are yet to see that. 
If bitcoin plummets, then this entire market will collapse. Bitcoin is the king of this market and it affects all altcoins here. Since 2018 until now, bitcoin has continued to reverse, and it has caused the altcoin to fall 10-100 times compared to the previous ATH.
True, people who have seen market conditions in 2017 and 2018, will certainly know about the ups and downs that occur in the crypto market, and that tends to be very visible in the price of Bitcoin which can make a big influence on other Altcoin-Altcoin. Jump to: