has anybody concluded why alts and btc do not behave in inverse correlation? e.g. btc dives, alts dive more!
I assume lots of new money has come in just to make money as everything goes up ie they buy lots of things because its rising not because of what it is.
so when bitcoin goes down they all go down as they get out of all back to cash rather to alts or if in alts to bitcoin ie they are not trading on the relative merits of two choices eg bitcoin or etherum.