I think the movement of altcoins will always follow the price of BTC, it can even go up higher than BTC.
because the money that enters BTC once it is stable will go to altcoins, that's why when BTC goes up the altcoins don't go up immediately.
Topic: Will the altcoin go up in price if the bitcoin price goes up? - page 5. (Read 1014 times)
altcoins will go up after bitcoin goes up and then stable/sideways for a while, most altcoins will go up at that time, especially if they are in fomo or realease with good news, it will add up higher.Like ARB and space id recently list on binance.
altcoin prices tend to go up when bitcoin prices go up. That's because the price trend caused by the increase in the price of bitcoin will follow the altcoin. altcoins tend to have stable prices of coins, or ethereum, bnb, or other platform coins. the coins of this platform are always related to the bitcoin price. so when bitcoin prices go up, altcoin prices will tend to go up, and vice versa. This is a common thing to happen. besides that, the percentage of altcoin prices is higher because the price is lower than bitcoin.
Also, I don't think that this has anything to do with trust in altcoins, because each altcoin has different aspects and goals. So, when we talk about the issue of trust, then it comes back to the individual altcoins.
Also, I don't think that this has anything to do with trust in altcoins, because each altcoin has different aspects and goals. So, when we talk about the issue of trust, then it comes back to the individual altcoins.
As always altcoins reacts to whatever the bitcoin's price and just a normal market scenario, if its up or downtrend. The market cycle as well dictates the price of bitcoin and the whole market will react to it that's why we need bitcoin to go higher so that altcoins will follow, despite the bear market, bitcoin managed to go strong because of bank runs and it is well advantage to crypto market. The halving event as well have a great factor that we will see new ATH for bitcoin and healthy market.
I think it's too much to say that interest in altcoins is declining just because the percentage increase in altcoin prices is lower than BTC. I think it's common for this kind of thing to happen, sometimes the percentage increase in the price of BTC is more than that of altcoins and vice versa. the percentage increase in altcoin prices does not have to be higher than BTC 
Quote from: Bollexz1
Bitcoin hold the keys to all these altcoins, whenever bull or bear cycle wanted to happen, Bitcoin reacts first and these altcoins act upon its reaction. This is why investors/traders focus more on the response of bitcoin to the market.
The response of Bitcoin has made many traders to invested huge amount of money on Bitcoin and invested little money on altcoins, because whenever the price of Bitcoin is pumping in the market then altcoins price will be pumping too which many traders are aware of that in the community. Now that the price of Bitcoin and altcoins is increasing to hit higher next month of April to allow those that purchased Bitcoin and altcoins some years ago to get ready to embrace massive income from their investments. I think, Bitcoin price always give strength to altcoins price to increase because it hard for altcoins price to increase higher for Bitcoin price to decrease which are some of the things traders learned to use the price of Bitcoin to determine the price of altcoins.
Hmm, it seems I have a different understanding of this; I'll recheck later. So based on my experience, before altcoins soar high, it's always bitcoin's price that increases first, and then most people's attention will be fixed on bitcoin and trading volume will be increasing significantly. This will increase the bitcoin dominance score and make the altcoin prices go down because there's less demand for altcoins and they all go to BTC. After BTC reaches its ATH or new ATH, people start to sell their BTC and turn their investment to the altcoins in order to buy at the lower price and sell at the higher price. This is when the BTC dominance score started to decrease.
indeed, now that you see the market, there are so many people queuing to buy bitcoin, whereas for altcoins the volume is not too high, so it could be that what you say is true, and apparently you also have a lot of experience in the crypto world, thank you friends for the explanation. ..
This is most likely the case but you need to understand that not all coins will have the same fate because others will not even budge when the price of bitcoins is drastically increasing. That's because the project is not legit and there was no development going on rather these kinds of coins will gonna just dramatically fall its price and never return at all. That's why you really need to be careful when it comes to your investment in altcoins because these kinds of scenarios are always the case and also even if the bitcoin price will rise.
I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.
and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?
Yes, I see altcoins as bullish if bitcoin prices rise. Often when the price of bitcoin rises, altcoins will also be positively affected by the increase in the value of the crypto market as a whole. and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?
However, the price increase of each altcoin will depend on various factors such as the development of the project, the interest of the community, and news related to that altcoin. Remember, the cryptocurrency market is very volatile and can change at any time, so investing in altcoins should be done carefully and with a clear investment plan.
I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.
and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?
It happens but not always and also, not all altcoins will follow the trend of Bitcoin as some will just keep low and no movements happen especially for useless coins. The situation had come to this because it was a crypto market and whatever happens to Bitcoin will also give an impact on altcoins. It was hard to have an explanation for this situation aside from being volatile and shared market connection. and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?
We can't assume that people are only buying Bitcoin but they are also buying altcoins as well that is why we can see the entire market is growing once Bitcoin pumps and it is the same when it dumps.
Hmm, it seems I have a different understanding of this; I'll recheck later. So based on my experience, before altcoins soar high, it's always bitcoin's price that increases first, and then most people's attention will be fixed on bitcoin and trading volume will be increasing significantly. This will increase the bitcoin dominance score and make the altcoin prices go down because there's less demand for altcoins and they all go to BTC. After BTC reaches its ATH or new ATH, people start to sell their BTC and turn their investment to the altcoins in order to buy at the lower price and sell at the higher price. This is when the BTC dominance score started to decrease.
You are describing the classic behavior of bitcoin and altcoins in the crypto market. This is often the case. Investors understand that it becomes much harder to pump bitcoin and they transfer their funds into altcoins, then, when bitcoin goes into a correction, the transfer of assets continues into bitcoin again and this can be repeated several times until the bull run itself loses its strength and the market goes into a global bearish stage. Sometimes, when bitcoin already starts to go into a global correction, some altcoins can still show crazy growth, as was the case, for example, in 2018.
This is usually an issue for Altcoins, especially at the beginning of the bull market when the market is bottoming out, liquidity is a very big issue for Altcoins and when there is no liquidity, the spread will increase, if BTC pumps 10%, the Altcoins pump 2% and when BTC dumps 2%, Altcoins dumped 10% or even more. This period is for buying the right projects you want to hold for the next bull run, if you want to trade then you need to be very careful not to lose your money to the chop.
Bitcoin hold the keys to all these altcoins, whenever bull or bear cycle wanted to happen, Bitcoin reacts first and these altcoins act upon its reaction. This is why investors/traders focus more on the response of bitcoin to the market.
I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.
and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?
But what you have seen and you need to remember is that this market does not have a fixed formula for the rate of increase or decrease between btc/alt, this market is very volatile and watching the movement of money is something that many people probably know but don't always apply effectively.and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?
We can easily see when BTC goes up, which can also create different circumstances, so consider the state of the market for even more different analysis. And at this stage I see we are slowly exiting the bear market, and in my opinion that the btc halving is also coming and this may be the reason for this market to increase rapidly in the near future, and I Hopefully things will change soon from the end of this year.
I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.
and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?
and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?
- No, there are still many people who believe in altcoins, now if the opportunity comes to kick Bitcoin's value continuously, the majority of altcoins will not be able to keep up, especially if they are not among the top cryptocurrencies in the market.
But, there are some altcoins that for sure can follow or keep up with the rise of their value even if we say they are volatile, and this is what I found based on my research during the last bull run.
such is the current situation, price will always follow Bitcoin
If an altcoin is paired with USD on an exchange, chances are something else will happen, but some crypto exchanges and LP providers on Dex exchange will provide BTC and other altcoin pairs such as ETH/BTC.
If an altcoin is paired with USD on an exchange, chances are something else will happen, but some crypto exchanges and LP providers on Dex exchange will provide BTC and other altcoin pairs such as ETH/BTC.
Well this is what we do see when the price of Bitcoin goes up. When the price of Bitcoin goes up it will be expected that the price of second biggest coin on coinmarketcap Ethereum will go up also. If Bitcoin price is in the green you will see the atl coins in the green also.
It is very much common for Bitcoin and Ethereum. The other alt coins also but we can see both of them in the green or both of them in the red at all times. The alt coins that we do see in green when Bitcoin is in red are alt coins that I do not trust and these might be pump and dump coins.
It is very much common for Bitcoin and Ethereum. The other alt coins also but we can see both of them in the green or both of them in the red at all times. The alt coins that we do see in green when Bitcoin is in red are alt coins that I do not trust and these might be pump and dump coins.
Hmm, it seems I have a different understanding of this; I'll recheck later. So based on my experience, before altcoins soar high, it's always bitcoin's price that increases first, and then most people's attention will be fixed on bitcoin and trading volume will be increasing significantly. This will increase the bitcoin dominance score and make the altcoin prices go down because there's less demand for altcoins and they all go to BTC. After BTC reaches its ATH or new ATH, people start to sell their BTC and turn their investment to the altcoins in order to buy at the lower price and sell at the higher price. This is when the BTC dominance score started to decrease.
I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.
and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?
For me about Bitcoin and altcoins, the price of altcoins may be influenced by the price of Bitcoin, but it's not guaranteed that they will go up in price if Bitcoin's price rises. and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?
It will not be always accurate but even before, sometimes after Bitcoin is pumped, altcoin follows which for me is the relationship between Bitcoin and altcoins can be complex.
yes, your explanation makes sense too, and I also think almost the same as you, and indeed the market situation is very difficult to predict as well as bitcoin and altcoins which of course will be difficult to predict, especially now that there are more and more altcoins. so it could be that altcoins will be slow to follow btc.
I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.
and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?
For me about Bitcoin and altcoins, the price of altcoins may be influenced by the price of Bitcoin, but it's not guaranteed that they will go up in price if Bitcoin's price rises. and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?
It will not be always accurate but even before, sometimes after Bitcoin is pumped, altcoin follows which for me is the relationship between Bitcoin and altcoins can be complex.
Jump to: