It depends Bitcoin Dominance mate. If Bitcoin Dominance is above 60, Alt coins is difficult to pump. When you want to buy some Alt coins you can see this pattern first:
> BTC.D = Increases, BTC= Increases, ALTS= Decreases.
> BTC.D = Increases, BTC= Decreases, ALTS= Decreases Rapidly.
> BTC.D = Increases, BTC= Stable, ALTS= Stable.
> BTC.D= Decreases, BTC= Increases, ALTS= Increases Rapidly.
> BTC.D= Decreases, BTC= Decreases, ALTS= Decreases/Stable
> BTC.D= Decreases, BTC= Stable, ALTS= Increases
Topic: Why when the BTC goes up the ALT goes down? (Read 831 times)
This happens because Bitcoin sucks in volume from the entire cryptocurrency market as it continues to strengthen. This caused the alternative cryptocurrency (altcoin) market to continue to slump, leading to increased selling pressure and low buyer demand.
- We simply need to understand that bitcoin is the largest shareholder in the market, each increase will increase a lot and need a lot of capitalization to support, and the general situation right now is that bitcoin is a valuable asset, better holding it, the flow of people taking turns selling altcoins to accumulate more bitcoin is what will come. Everyone's demand is towards bitcoin, altcoins are not really needed at this stage and will decrease but this price shock does not last long, just a while, Bitcoin will help altcoin go up when it lacks capital 
It depends Bitcoin Dominance mate. If Bitcoin Dominance is above 60, Alt coins is difficult to pump. When you want to buy some Alt coins you can see this pattern first:
> BTC.D = Increases, BTC= Increases, ALTS= Decreases.
> BTC.D = Increases, BTC= Decreases, ALTS= Decreases Rapidly.
> BTC.D = Increases, BTC= Stable, ALTS= Stable.
> BTC.D= Decreases, BTC= Increases, ALTS= Increases Rapidly.
> BTC.D= Decreases, BTC= Decreases, ALTS= Decreases/Stable
> BTC.D= Decreases, BTC= Stable, ALTS= Increases
Yes, this is still the case in this market, it is just a drop in time and rebound soon after. This is seen more and more in recent days, I believe that anyone who has gone through the 2017-2018 market phase will feel this and feel very normal. > BTC.D = Increases, BTC= Increases, ALTS= Decreases.
> BTC.D = Increases, BTC= Decreases, ALTS= Decreases Rapidly.
> BTC.D = Increases, BTC= Stable, ALTS= Stable.
> BTC.D= Decreases, BTC= Increases, ALTS= Increases Rapidly.
> BTC.D= Decreases, BTC= Decreases, ALTS= Decreases/Stable
> BTC.D= Decreases, BTC= Stable, ALTS= Increases
Supply and demand, when people start selling alts they are in turn increasing the demand of Bitcoin and vice versa
It's not true at all. That depends on what trend that is happening. it's not all of people were always doing it. Imagine when you are holding BNB and then would you sell your BNB for bitcoin while it has the same potential to go to the same as ethereum? i think that people will always keep what they are thinking as promising coin and that's why it's not always happening.
Over the years, there has been a trend that altcoins are directly dependent on Bitcoin. How Bitcoin behaves so do other cryptocurrencies. Even now you can see that many tokens depend on Bitcoin!
Bitcoin takes up a lot of market space. Btc will be the trendsetter of all moods on the crypto market for a long time, therefore, everyone is so interested in its prosperity.
Bitcoin takes up a lot of market space. Btc will be the trendsetter of all moods on the crypto market for a long time, therefore, everyone is so interested in its prosperity.
Hi all,
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
It's true whenever bitcoin pumps altcoin normally dumps same thing with when bitcoin dumps, I think the real reason is that whenever bitcoin pumps alot of traders/investors don't want to miss out on it so they simply sell their altcoin holdings and buy bitcoin instead, while for the dumping part, I feel whenever bitcoin dumps alot of people(weak hands) become scared and panic sell their altcoin holdings, that's why people say altcoin follow the price movement of bitcoin. I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
This happens because Bitcoin sucks in volume from the entire cryptocurrency market as it continues to strengthen. This caused the alternative cryptocurrency (altcoin) market to continue to slump, leading to increased selling pressure and low buyer demand.
I think in my own view on this Bitcoin and altcoins are both connected to one another. Bitcoin also is really into long term holdings while
altcoins is good in day trade methods, of course for the people who are not capable to buy Bitcoin in a big amount, altcoins is their only options for them to earn bitcoin in the end. So, they expect when Bitcoin go up in the market the majority of the altcoins are surely dump their price where most of the traders will take an advantage of it to buy then hold a little while and wait when Bitcoin dump its price. And this was happened actually for a couple of years now.
altcoins is good in day trade methods, of course for the people who are not capable to buy Bitcoin in a big amount, altcoins is their only options for them to earn bitcoin in the end. So, they expect when Bitcoin go up in the market the majority of the altcoins are surely dump their price where most of the traders will take an advantage of it to buy then hold a little while and wait when Bitcoin dump its price. And this was happened actually for a couple of years now.
Not entirely true. Only some of the well established altcoins, such as ETH, ADA, LTC and DOT are going up. The vast majority of the altcoins have lost their market share, even if they have increased in US Dollar terms. And let's not forget the fact that the BTC market dominance used to be below 50% level last year. Right now it stands at above 60%. And not only Bitcoin, the stablecoins are also eating in to the share of altcoins.
I think currently the trend of market adoption is indeed an increase in bitcoin and stable coins. some altcoins may manage to get the moment but you can say that not all altcoins can follow the dominance of bitcoin. when bitcoin reaches a very high price. of course, it's only natural that the market is more interested in bitcoin and many are selling their altcoins. Likewise, when a correction occurs, some bitcoins will be released for stable coins.but most of the altcoins are already getting pretty good prices and upgrades. especially coins that get updates from project development. they take advantage of market conditions to be able to make local pumps for their assets.
Supply and demand, when people start selling alts they are in turn increasing the demand of Bitcoin and vice versa
The problem with Altcoins is the dynamics of the cryptocurrency market today. When Bitcoin rose rapidly, Altcoins fell as capital cycled back to BTC. If BTC goes down, altcoins fall together, putting them in a precarious position.
Basically, the key to the Altseason is the easing of the Bitcoin rally to give the market a chance to grow as that is where aggregate market volume is likely to spread again.
However, December or January 2021 will probably be the Altseason.
A strong sign of the Altseason can also be seen from the ongoing consolidation of the Bitcoin rally in the ETH / BTC pair, where these two cryptos are still the largest in the crypto market so that the sentiment from the technical side can be a strong psychological market reference for the potential Altseason.
The fact that if bitcoin goes up a lot, the btc/alt pair goes down is the main reason, you are right about that, but if we could have bitcoin increase a lot, like how its high right now, and stay there, while money goes into alts, that btc/alt pair will go up, and since bitcoin is already a high price, that altcoin price will increase even more.Basically, the key to the Altseason is the easing of the Bitcoin rally to give the market a chance to grow as that is where aggregate market volume is likely to spread again.
However, December or January 2021 will probably be the Altseason.
A strong sign of the Altseason can also be seen from the ongoing consolidation of the Bitcoin rally in the ETH / BTC pair, where these two cryptos are still the largest in the crypto market so that the sentiment from the technical side can be a strong psychological market reference for the potential Altseason.
We have seen many many altcoins that increased in fiat price for example while going down in bitcoin price, why? Because, if bitcoin goes from 10k to 50k and a coin goes from 10 dollars to 20 dollars, that altcoin made 2x profit while still lost in btc/alt pair anyway because btc went up even more. That is why some people stop caring about btc/alt pairs and only care about alt/usd because they want to make fiat profit, and yes bitcoin may have made more, but some of those people wanted to make money no matter how much.
Its easy. Funds are unlimited. What happens is when bitcoin is in a bullish mood, investors sell out their alts to invest in bitcoin, and vice versa. Nobody wants to lose out on a trend
This trend is not happening anymore and when bitcoin is bullish and altcoins are also bullish, please see the current situation on the crypto market and everything turn into the bullish trend when bitcoin is bullish. I think that this time people will not sell their altcoin again to convert it into the bitcoin. Both bitcoin and legit altcoins are the gem. Not entirely true. Only some of the well established altcoins, such as ETH, ADA, LTC and DOT are going up. The vast majority of the altcoins have lost their market share, even if they have increased in US Dollar terms. And let's not forget the fact that the BTC market dominance used to be below 50% level last year. Right now it stands at above 60%. And not only Bitcoin, the stablecoins are also eating in to the share of altcoins.
Its easy. Funds are unlimited. What happens is when bitcoin is in a bullish mood, investors sell out their alts to invest in bitcoin, and vice versa. Nobody wants to lose out on a trend
This trend is not happening anymore and when bitcoin is bullish and altcoins are also bullish, please see the current situation on the crypto market and everything turn into the bullish trend when bitcoin is bullish. I think that this time people will not sell their altcoin again to convert it into the bitcoin. Both bitcoin and legit altcoins are the gem. 
Why? because when the value of bitcoin rises everyone wants to buy it to earn and therefore try to sell their other altcoins so as there is a greater offer on the market, the value drops
It is true when bitcoin PUMP / Dump there will make bitcoin dominance go up high. people tend to use Bitcoin to trade transactions. Meanwhile, when the new Sideways there was an increase in Altcoins and also the dominance of bitcoin fell. not necessarily when an increase in Bitcoin altcoin will follow. in fact some are stable and experiencing price declines.
sometimes it can be side by side in a pump, but what has to happen is bitcoin doesn't really dominate the market by far.
it looks like we've seen how the pump-making bitcoins and altcoins like ETH can't keep up with the bitcoin pump either.
When the price of bitcoin increases the demand for investment in this currency is higher than other currencies so traders increase the amount of investment in it so the price of other altcoin decreases however bitcoin is at the top of the list not too low. As the value of these currencies rises so do the prices of other altcoins but traders invest less to reduce their reliability in the market after bitcoin altcoin is a more popular investment. The price is easy to understand and earns a lot of profit.
Theres a lot more technical analysis and charting with btc now. Much easier nowadays to move in and out of a trade and ride the price when it breaks resistance. When BTC breaks new highs, and it will again, profit takers usually spread some profit arounds in alt coins.
If the bitcoin increase its price value, the more people are investing and trading to it because they are seeing a huge income or profit if they will go with pump of bitcoin. Now, the correlation of btc trend and altcoin trend comes in when the people are trading their altcoins for bitcoin. Since they trade their altcoin to btc, the circulating volume of btc increased while in altcoin is vice versa.
I think the reason for the decline in alt coin prices is due to the great love that Bitcoin enjoys among most investors.
This does not mean the alternative currency is not worth the investment and cannot make a profit!! I think holding the tokens in the long run will bring more profits.
This does not mean the alternative currency is not worth the investment and cannot make a profit!! I think holding the tokens in the long run will bring more profits.
I think there is an inverse relationship between altcoin and bitcoin, because whenever investor stop investing in bitcoin they invest in altcoin which caused increased in altcoin investment vice versal
btc up altcoin down something that usually happens in the crypto market, I think, where investors transfer their funds that they have dilatcoin to btc, but thus sometimes there are other factors that make altcoins have low prices, for example their products fail in the market and investors sell all the assets invested in the project are instantaneous so as not to experience much loss
In most cases it will happen especially in regular market situation, that is because people are investing on the most trusted coin in the market and that is bitcoin.
If you have notice the current bull run, at the start it's bitcoin which is pumping hard while altcoins don't follow right away, the first reaction was a dump as investors are going all in bitcoin but as the market is more bullish, slowly investors are putting their money on altcoins and that's what we are seeing now.
Altcoin pumps after Bitcoin did, but when the market dumps, altcoins do first. If you have notice the current bull run, at the start it's bitcoin which is pumping hard while altcoins don't follow right away, the first reaction was a dump as investors are going all in bitcoin but as the market is more bullish, slowly investors are putting their money on altcoins and that's what we are seeing now.
This means that investors are trusting more on Bitcoin and they can afford to hold it longer than these altcoins. And if we can see if there is a spike on altcoins, most of these are just hypes compare to Bitcoin that we know has sustainable market demand.
Why? because when the value of bitcoin rises everyone wants to buy it to earn and therefore try to sell their other altcoins so as there is a greater offer on the market, the value drops
There are two possibilities, The first should be what you have saying but in another side there are some people that put fresh money into the altcoins like this time. When bitcoin goes up and altcoin is also going up. that means people didn't wanna throw their altcoins for bitcoin and they wanna put fresh money rather than sold their alts for bitcoin. There are so many possibilities. I don't even think people will try to exchange their legit alts to the bitcoin.
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It's simple, when bitcoin start going up, altcoin holders try to catch some profit so they simply start selling off their altcoins to put the money in bitcoin, which is the reason why bitcoin rises very fast when ever it starts going up and major altcoins begin to drop as hard, and also we all know that bitcoin's dominance raises whenever bitcoin price starts going up, this is also a major factor to the reason my altcoins go down when bitcoin starts going up.
It's as simple as that.
It's as simple as that.
In most cases it will happen especially in regular market situation, that is because people are investing on the most trusted coin in the market and that is bitcoin.
If you have notice the current bull run, at the start it's bitcoin which is pumping hard while altcoins don't follow right away, the first reaction was a dump as investors are going all in bitcoin but as the market is more bullish, slowly investors are putting their money on altcoins and that's what we are seeing now.
If you have notice the current bull run, at the start it's bitcoin which is pumping hard while altcoins don't follow right away, the first reaction was a dump as investors are going all in bitcoin but as the market is more bullish, slowly investors are putting their money on altcoins and that's what we are seeing now.
Explanation is pretty short.
People are selling their alts because they want to buy more btc during pumps
People are selling their alts because they want to buy more btc during pumps
Not all altcoins goes down when Bitcoin goes up. A lot of depends on altcoin by itself. Altcoin must be useful for people. It is necessary to create demand in altcoin that investors wanted to buy it.
There are ecological projects. Here is written how it is important to protect a nature and what have already been done for nature protection https://moss.earth/blog/.
I think that demand in ecological projects will be big because it is very important to protect a nature.
I checked the price of MCO2 token. It is growing. Some people understands how it is important to protect nature and buy a big volumes of MCO2 tokens. You can check MCO2 token here https://etherscan.io/token/0xfC98e825A2264D890F9a1e68ed50E1526abCcacD
Its easy. Funds are unlimited. What happens is when bitcoin is in a bullish mood, investors sell out their alts to invest in bitcoin, and vice versa. Nobody wants to lose out on a trend
The problem with Altcoins is the dynamics of the cryptocurrency market today. When Bitcoin rose rapidly, Altcoins fell as capital cycled back to BTC. If BTC goes down, altcoins fall together, putting them in a precarious position.
Basically, the key to the Altseason is the easing of the Bitcoin rally to give the market a chance to grow as that is where aggregate market volume is likely to spread again.
However, December or January 2021 will probably be the Altseason.
A strong sign of the Altseason can also be seen from the ongoing consolidation of the Bitcoin rally in the ETH / BTC pair, where these two cryptos are still the largest in the crypto market so that the sentiment from the technical side can be a strong psychological market reference for the potential Altseason.
Basically, the key to the Altseason is the easing of the Bitcoin rally to give the market a chance to grow as that is where aggregate market volume is likely to spread again.
However, December or January 2021 will probably be the Altseason.
A strong sign of the Altseason can also be seen from the ongoing consolidation of the Bitcoin rally in the ETH / BTC pair, where these two cryptos are still the largest in the crypto market so that the sentiment from the technical side can be a strong psychological market reference for the potential Altseason.
This article explains it well: https://nakamotoinstitute.org/mempool/hyperbitcoinization/
But still, that's not always the case. I am mining some CPU-based coins and there I can see the opposite: the BTC price in fiat increased and CPUchain price in BTC (sic!) goes up. So, it really depends on the market, some alts dropped, but some unexpectedly raised.
I agree with you on this, I have invested a bit heavy on BNB and Bitcoin and I have noticed that BNB moves almost parallel with Bitcoin price whether it is going up or coming down. I think that happen to most alts nut some few like i said, BTC price pull their price as well on either direction. But still, that's not always the case. I am mining some CPU-based coins and there I can see the opposite: the BTC price in fiat increased and CPUchain price in BTC (sic!) goes up. So, it really depends on the market, some alts dropped, but some unexpectedly raised.
in my newbie level experience in crypto currency when bitcoin goes up and the alt coin goes down it because maybe lot of whale or people that move their money in alt coin to bitcoin some of them maybe fomo and follow the trend and follow the whale move thats my opinion correct me if im wrong
Hi all,
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
because every time the price of BTC goes up and that will make Bitcoin dominance increase too, but of course that will definitely make altcoin dominance decrease, because altcoin dominance moves to Bitcoin dominance, so that's why the price of altcoin will definitely go down, but it is an opportunity for us to invest in altcoin, because there is a possibility for an altseason to happen after that and of course that will give us a lot of profit from investing in altcoin. I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
-snip-
The changes depending on the market demand, investors sometimes focus on Bitcoin which leaves altcoins to have corrections and after a few days, weeks, or a month, they will get back to altcoins gain and the price spikes again. I believe it was a cycle and that doesn't mean that all the time the situation went like this.
It is true that this cycle occurs when the price of bitcoin is pumped strongly enough that altcoin investor are eager to get involved and maximize short opportunities for profit. This may be the reason why the demand for altcoin in the market has decreased so that the price has fallen. However, the altcoin market started to recover after some investor returned to altcoin who seemed to be potentially affected by bitcoin's rise. This is a cycle that occurs repeatedly in the crypto market. The changes depending on the market demand, investors sometimes focus on Bitcoin which leaves altcoins to have corrections and after a few days, weeks, or a month, they will get back to altcoins gain and the price spikes again. I believe it was a cycle and that doesn't mean that all the time the situation went like this.
In my opinion, the problem with altcoins going down is the current dynamics of the cryptocurrency market. When Bitcoin rose rapidly, Altcoins fell as capital cycled back to BTC. If BTC goes down, altcoins fall together, putting them in a precarious position. So the key for Altcoins to rise is the easing of the Bitcoin rally to give altcoins an opportunity to grow because that is where the market volume will likely spread again so that altcoins can push the price up.
I think it was just a coincidence to see Bitcoin up and altcoins down. Have we seen this happening all the time? Probably, not. The changes depending on the market demand, investors sometimes focus on Bitcoin which leaves altcoins to have corrections and after a few days, weeks, or a month, they will get back to altcoins gain and the price spikes again. I believe it was a cycle and that doesn't mean that all the time the situation went like this.
This very often happens due to the explosive growth of the price of BTC. In such cases, investors sell their altcoins and buy BTC and thereby further increase the price of bitcoin and reduce the price of altcoins. In cases where the price of bitcoin increases smoothly, the price of altcoins also increases.
In my opinion, the factor that makes altcoins go down when bitcoin goes up is that altcoin volume goes down because most people want to convert altcoins to bitcoins so that causes bitcoin volume to go up. and market participants will usually sell their altcoins when the price they want has been met
Most of us also do sell our altcoins to bitcoin becasue of the dominance of this coin. What i personally observed from the beginning about this issue of Bitcoin was that, when the value of altcoins increase holders usually sell their coin to bitcoin for possible increase in their stash. I personally hate to hold altcoins more than 2months. This is not just a clear belief, I think altcoin demand is not always associated with a large waste, it always shows when a bearish event occurs, no more than 2 days to sell because the profits from altcoins are always targeted within a few hours or a maximum of 1 day.
In my opinion, the problem with altcoins going down is the current dynamics of the cryptocurrency market. When Bitcoin rose rapidly, Altcoins fell as capital cycled back to BTC. If BTC goes down, altcoins fall together, putting them in a precarious position. So the key for Altcoins to rise is the easing of the Bitcoin rally to give altcoins an opportunity to grow because that is where the market volume will likely spread again so that altcoins can push the price up.
I think it was just a coincidence to see Bitcoin up and altcoins down. Have we seen this happening all the time? Probably, not. The changes depending on the market demand, investors sometimes focus on Bitcoin which leaves altcoins to have corrections and after a few days, weeks, or a month, they will get back to altcoins gain and the price spikes again. I believe it was a cycle and that doesn't mean that all the time the situation went like this.
In my opinion, the problem with altcoins going down is the current dynamics of the cryptocurrency market. When Bitcoin rose rapidly, Altcoins fell as capital cycled back to BTC. If BTC goes down, altcoins fall together, putting them in a precarious position. So the key for Altcoins to rise is the easing of the Bitcoin rally to give altcoins an opportunity to grow because that is where the market volume will likely spread again so that altcoins can push the price up.
Maybe that’s what has been happening lately, but the Altcoins does not necessarily go down whenever BTC’s price goes up. It’s just that whenever BTC pumps, maybe some of these Altcoin holders fear they might lose some of their value they bought their coins and sell them before its value decreases even more. I’m not a hundred percent sure if that goes out to most altcoin holders but I know some who does that most of the time when Bitcoin pumps.
In my opinion, the factor that makes altcoins go down when bitcoin goes up is that altcoin volume goes down because most people want to convert altcoins to bitcoins so that causes bitcoin volume to go up. and market participants will usually sell their altcoins when the price they want has been met
Most of us also do sell our altcoins to bitcoin becasue of the dominance of this coin. What i personally observed from the beginning about this issue of Bitcoin was that, when the value of altcoins increase holders usually sell their coin to bitcoin for possible increase in their stash. I personally hate to hold altcoins more than 2months. 
Hi all,
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
in my opinion maybe people sell their altcoin to buy Bitcoin, so the price go down, because they are afraid to miss the bull run from Bitcoin, so from that they sell altcoin and buy Bitcoin, but in my opinion not all altcoin are down, because there are several altcoin whose prices have also increased, but the most important thing in my opinion is that you don't panic sell when the price of altcoin you invest go down, because it will make you regret when the price increases again, so my advice is you better hold and buy more if the price decreases.
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
This time the bull run is different from 2017. In 2017 Bitcoin and almost all Altcoin were pumped together. But in the bull run of 2020, the first bitcoin pump, but the altcoin season has taken a long time to come. Because investors want assurances and no other coin can give assurances like Bitcoin. As a result, they have invested in Bitcoin. On the other hand, they have sold their Altcoin to invest in Bitcoin quickly. As a result, both the demand and the price of altcoin have declined. Can someone explain me why?
Explanation is pretty short.
People are selling their alts because they want to buy more btc during pumps
Actually it's not short, it's just too dense and obvious, and the person selling Alt to get Bitcoin, I think that's a very good thing and worth emulating because nothing is better than Bitcoin. People are selling their alts because they want to buy more btc during pumps
It is an unwritten law now, whenever Bitcoin goes up the fiat equivalent of altcoins may go a bit up too but the corresponding value in BTC terms crashes 90% of the time. Every altcoin, after being pumped against btc will eventually fall under this law.
If you would understand bitcoin you would know why this happens every single time.
If you would understand bitcoin you would know why this happens every single time.
Explanation is pretty short.
People are selling their alts because they want to buy more btc during pumps
People are selling their alts because they want to buy more btc during pumps
Thank you all, and how do you explain when there is a big red candle on BTC then most ALT's also have a big red candle?
Simply because fear take place, there are many traders who are being moved by fuds, the more they've seen negative trend with bitcoin since it's the
main basis of crypto, they think that collapse may happened to all projects inside the market, they are basing their decisions with the sentiments of most
traders, failure to understand the value of doing your research but instead, just quickly follow the trend and lose their investment.
Thank you all, and how do you explain when there is a big red candle on BTC then most ALT's also have a big red candle?
One factor would be that there a no new investors for bitcoin. These are mostly traders who trade bitcoin to altcoin and vice versa. Meaning old holders of altcoins that switches to bitcoin to hold.
Bitcoin is eating the market almost all new traders wants a piece of it, altcoins are being overlooked the most that will suffer are those under top 50 list on CMC some altcoins are struggling to get afloat some have done massive giveaway and airdrop to increase holders and awareness but the outcome is a disaster.
OP needs to clarify that he is mentioning about the market share and not about the exchange rates. If the exchange rates are concerned, then the altcoins always go up whenever the Bitcoin prices are up. But during the current rally, the altcoin prices have not gone up as much as that of Bitcoin, for obvious reasons. And that is the reason behind the decline in their market share.
In short, the fluctuation of the price of a coin can change at any time and an increase in a coin cannot be used as a benchmark that the coin can maintain its value in the following days.
You need to keep working with your knowledge and not to relied with how market behaves in a certain period of time.
even though BTC is one of the top coins and dominates the crypto market today it doesn't mean that when the price of BTC goes up the ALTCOIN also goes up and vice versa.
Might have some impact but it will keeps depending with how traders and investors moves along the way, your knowledge will save you a lot so better to keep enhancing your skills in positioning your investment.
In short, the fluctuation of the price of a coin can change at any time and an increase in a coin cannot be used as a benchmark that the coin can maintain its value in the following days. even though BTC is one of the top coins and dominates the crypto market today it doesn't mean that when the price of BTC goes up the ALTCOIN also goes up and vice versa.
My opinion is that with any strong movements of Bitcoin, almost all altcoins seem to be hiding. When the hype subsides, altcoins are again in sight and begin to move after bitcoin. Investors think that altcoins get little attention for all their advantages and the slightest movement begins to buy them. When the price falls, they try to get rid of them as soon as possible and collapse the price.
Altcoins do not always dump when bitcoin pump, but it seems like automatically altcoins will experience a correction when bitcoin rises. There are some altcoins that can survive and follow bitcoin as it rises but most altcoins are always correcting.
Most likely it is because when the dominance of bitcoin rises, many of the flow of funds shifted to bitcoin rather than altcoins so that altcoins lost their purchasing power temporarily. So far, market conditions have always experienced this.
Most likely it is because when the dominance of bitcoin rises, many of the flow of funds shifted to bitcoin rather than altcoins so that altcoins lost their purchasing power temporarily. So far, market conditions have always experienced this.
Hi all,
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
The reason could be that the holder's are selling or converting their alt-coins to BTC,I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
That is the only reasonable explanation about it other wise there is nothing more that I could think of.
Hi to all... I'm impressed by all these answers and the content that benefits beginners like me, I learned a lot from all these answers... Thank you all for taking the time to answer...The best forum in the world... 
Its normal. The reason is because they want to buy more and more bitcoin when it has a strong pull force. And they tend to sell their altcoins or find any source of money in order to collect bitcoin. Then, when bitcoin reaches an affordable price, they will buy altcoins so as for the altcoins pump
It's not caused by that. The ripple case was creating a lot of fear to the altcoin market and the whole of altcoins was dumping. They are not having the intention to sell their altcoins for bitcoin but they are trying to secure their money through converting it into the stable asset like USDT or another stable coin.
It's not always they wanna collect more and more bitcoin.
I would not say that it always happens, you by yourself probably already saw that throughout 2020 bitcoin was growing in price and altcoins were also growing in price throughout 2020, so usually if bitcoin rises or falls in price then altcoins do the same, of course there are exceptions, but this is usually rare.
Well if you see Bitcoin go high and all the signals are present and you were holding a coin that doesn't change for a long time for sure you are going to sell it and buy Bitcoin that's the only reason that I see why the altcoin goes down.
Its normal. The reason is because they want to buy more and more bitcoin when it has a strong pull force. And they tend to sell their altcoins or find any source of money in order to collect bitcoin. Then, when bitcoin reaches an affordable price, they will buy altcoins so as for the altcoins pump
The same goes for when Bitcoin goes down.
Alts will also be dragged down.
This kind of market is not the same as 2017-2018.
The entry of stable coins changed everything. Traders will start selling Bitcoin and altcoins for USDT or any form of stable coins.
It takes out the risk of losing more.
Alts will also be dragged down.
This kind of market is not the same as 2017-2018.
The entry of stable coins changed everything. Traders will start selling Bitcoin and altcoins for USDT or any form of stable coins.
It takes out the risk of losing more.
This is a bit tricky but this kind of question is better than not trying to be obsevant in the market. As btc price goes up, why alts goes down? For this question, i have simple answer about it; but of course this is IMO.
The situation where btc goes up while alts goes down is when bitcoin dominance is surging up. This dominance based the number of cash flows on either btc or in alts. One of the example is when btc is in bull run as what happened right now. Recently as btc climbs the price territory of 19k, many alts were on red market. These shows that the amount of cash (or shall we say amount of asset) flowing in the market favors bitcoin BTC. However, after considering this scenario, alts eventually recover which turned into bullish same with bitcoin.
In other words there are certain chances that the price of btc goes up while alts goes down. That is why i meant it tricky in my first paragraph because of the situation it may arise.
The situation where btc goes up while alts goes down is when bitcoin dominance is surging up. This dominance based the number of cash flows on either btc or in alts. One of the example is when btc is in bull run as what happened right now. Recently as btc climbs the price territory of 19k, many alts were on red market. These shows that the amount of cash (or shall we say amount of asset) flowing in the market favors bitcoin BTC. However, after considering this scenario, alts eventually recover which turned into bullish same with bitcoin.
In other words there are certain chances that the price of btc goes up while alts goes down. That is why i meant it tricky in my first paragraph because of the situation it may arise.
Hi all,
I don't understand why when the BTC goes up then the ALT goes down?
Logically, if Bitcoin continues to strengthen, then the demand for bitcoin is getting higher. This caused the alternative cryptocurrency I don't understand why when the BTC goes up then the ALT goes down?
market Altcoin to be hit, resulting in increasing selling pressure and less demand, as the Bitcoin market sucked up the volume of
the entire cryptocurrency market.
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People are tanking their altcoins to the market, the correlation between bitcoin pump and altcoin pump will be last forever. You must know that the news was playing a very important role in this case.
people are massively moving to the bitcoin after the bad case that happened with XRP. they were starting to dump their coins to the market.
people are massively moving to the bitcoin after the bad case that happened with XRP. they were starting to dump their coins to the market.
Hi all,
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
Simple:
Most alts are only a gambling mechanism to get more bitcoin. So when bitcoin goes up, most people sell their alts because they don't want to miss the bitcoin spike. Dont altcoin too often or you will end up at a loss.
Hi all,
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
Some alt investor take their money to ride bitcoin price, so demand in alt decreased then price down.
I agree, they prefer to swap their ALT to Bitcoin to take the opportuniyy and try to avoid some loss of holding ALT
Hi all,
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
Some alt investor take their money to ride bitcoin price, so demand in alt decreased then price down.
bitcoin goes up and altcoin drop , why ? it caused most of traders convert their altcoin to bitcoin, with massive selling in altcoin ofcourse will effect its price too, people want as fast as followed bitcoin bullish train and selling be their option to earn profits. but this condition not always happen to market , there are situation which is bitcoin and altcoin move parallel.
Usually it is true that our friends say that the movement of bitcoin and altcoin is always parallel, but for a while ago, altcoins were unable and able to follow the movements made by bitcoin. because the movement is not as usual but it moves up and down very quickly even in a matter of days. Altcoins are unable to be able to move like bitcoin, coupled with the beginning of the number of people changing their altcoin to become bitcoin even though it seems forced, of course because of the already high price.
bitcoin goes up and altcoin drop , why ? it caused most of traders convert their altcoin to bitcoin, with massive selling in altcoin ofcourse will effect its price too, people want as fast as followed bitcoin bullish train and selling be their option to earn profits. but this condition not always happen to market , there are situation which is bitcoin and altcoin move parallel.
There’s a demand for Bitcoin and people are too focused on that so the altcoins are being left behind because we can’t force someone to buy bitcoin and altcoins at the same time. Bitcoin goes up then some altcoins will not, but time will come for the altcoins season, we just have to wait for that.
^ Not always but mostly yes. When bitcoin increased, alternative coins tend to decrease because people who have those alternative coins would like to profit so they sell their assets and convert them to bitcoin. Either way, people are still trying to profit as it should be.
Do not be surprised with that already, all you have to do is to learn the system and dominate it the same as the people do here. Don’t forget to get in touch with pioneers to learn more.
Do not be surprised with that already, all you have to do is to learn the system and dominate it the same as the people do here. Don’t forget to get in touch with pioneers to learn more.
It's because the of the Bitcoin dominance which initially seemed to be dropping but has been rising since the rallying of bitcoin past $20,000. If you look at the bitcoin dominance charts, you can clearly see how it's increase affects how the alts perform during the bull run. They usually don't perform well as compared to Bitcoin
Hi all,
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
There are different reasons like XRP, it goes down since it is facing an issue with SEC. People are panicking and in result the price goes down so hard. There are a lot of coins available in the market and people can jump from one coin to another. Bitcoin remains the King since it is more well adapt and more consumed by companies and institution. Knowing the big companies that come in, there is no way for Bitcoin but up.
I know that when bitcoin pump, a lot of people try to sell their altcoins to switch to bitcoin because that way they will get profit, but those are just some of the articles that I read and for the truth we do not know
When Bitcoin pumps all the money gets poured into Bitcoin, it being the largest crypto by marketcap gets all the attention. This in turn helps it achieve even higher highs before eventually settling.
Meanwhile the Alts aren't doing so well because everybody or a large amount of people turn their attention to BTC and pour their money into it, the craze goes down when BTC stops showing a +ve uptrend and those people then continue turning back to ALTS.
Since, we are now in the 1st phase of the cycle, we should start preparing for the 2nd phase which will happen sooner or later.
Meanwhile the Alts aren't doing so well because everybody or a large amount of people turn their attention to BTC and pour their money into it, the craze goes down when BTC stops showing a +ve uptrend and those people then continue turning back to ALTS.
Since, we are now in the 1st phase of the cycle, we should start preparing for the 2nd phase which will happen sooner or later.
...I don't understand why when the BTC goes up then the ALT goes down? ...
This is not always the case that with the growth of BTC altcoins are falling in price. In most cases, altcoins follow bitcoin in the bull market. But when investments in bitcoin look more stable and promising than in altcoins, investors sell altcoins to buy themselves BTC.
When BTC goes up people shift their money to BTC to take the profit from pump. That's why it's causes a huge sell of and they take re-entry after BTC get stable. I think it's the main reason behind this.
Altcoins holder are selling when btc start rising up. Their sell orders are taken on the exchanges making the altcoin price dumped. Its not usual that users will sell their coins for BTC because its BTC that we see the most valuable among cryptocurrency.
Hi all,
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
This happens mostly when bitcoin is dominant while when the market is ranging and volume is well spread across the market then both the btc and alts tend to move along eachother now I think the market is signally btc first mover advantage and btc is expected to move massively upwards and lead the bulls. I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
Bitcoin probably increase the first one and due to that. People tend to feel like they're missing out that's why they sell all their alts to Bitcoin and hodl for it without leaving something for a little bit even for the alts.
Just my thinking though since BTC pretty much is their solid ground mostly when it comes to investment.
Just my thinking though since BTC pretty much is their solid ground mostly when it comes to investment.
People sell their alts holding and buy more bitcoin if they find bitcoin is climbing more than altcoins. In the past, every rise and fall of bitcoins price were mostly matched with alt pairs as cashing in and out were difficult. So, there were alts price rise alongside the price of BTC. But as we have a lot of stablecoins option, alts are just forgotten on a bull ride.
BTC Up = Altcoin Down.
BTC Down = Altcoin more Down.
The reason, when the Bitcoin Up they try to look at a profit from bitcoin and decide to trade their Altcoin into Bitcoin this action was also to prevent the estimation bitcoin of your altcoin got a loose situation.
Same as when BTC Down, to prevent more loss they decide to switch up to FIAT for not getting more lose and because the price was down every stop lose order will be active that's will make more pressure on the market.
Keep the altcoin when Bitcoin Down can make you double lose, you will got a lose from the price altcoin you are buying and the bitcoin estimation when you are buying the altcoin using bitcoin pair.
BTC Down = Altcoin more Down.
The reason, when the Bitcoin Up they try to look at a profit from bitcoin and decide to trade their Altcoin into Bitcoin this action was also to prevent the estimation bitcoin of your altcoin got a loose situation.
Same as when BTC Down, to prevent more loss they decide to switch up to FIAT for not getting more lose and because the price was down every stop lose order will be active that's will make more pressure on the market.
Keep the altcoin when Bitcoin Down can make you double lose, you will got a lose from the price altcoin you are buying and the bitcoin estimation when you are buying the altcoin using bitcoin pair.
This article explains it well: https://nakamotoinstitute.org/mempool/hyperbitcoinization/
But still, that's not always the case. I am mining some CPU-based coins and there I can see the opposite: the BTC price in fiat increased and CPUchain price in BTC (sic!) goes up. So, it really depends on the market, some alts dropped, but some unexpectedly raised.
But still, that's not always the case. I am mining some CPU-based coins and there I can see the opposite: the BTC price in fiat increased and CPUchain price in BTC (sic!) goes up. So, it really depends on the market, some alts dropped, but some unexpectedly raised.
Probably what people do.
High cap alts kufht have larger fiat audiences so when they see btc going up but bit their alts, they might move across.
Also if the same thing happens over and over they'll think they're better off converting to btc, waiting for that to pump, and then converting back. And realistically, a lot of new retail investors will be more interested and will have heard about it than altcoins so the predictions of a pump from new money would put btc rising a lot faster than alts (at first) .
High cap alts kufht have larger fiat audiences so when they see btc going up but bit their alts, they might move across.
Also if the same thing happens over and over they'll think they're better off converting to btc, waiting for that to pump, and then converting back. And realistically, a lot of new retail investors will be more interested and will have heard about it than altcoins so the predictions of a pump from new money would put btc rising a lot faster than alts (at first) .
Hi all,
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
I don't understand why when the BTC goes up then the ALT goes down?
Can someone explain me why?
Thank you
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