Every time bitcoin price goes up,Altcoin price take a dip.No doubt bitcoin rule the crypto world and sooner or later it will become mainstream.
Once it happens, btc will be worth million dollar.Will then all Altcoin be died?Seems Altcoin price are inversely proportional to btc price, if btc keep rising, will Altcoin keep falling? .
I don't think so, altcoin price action depend many things like supply, demand, news speculation and btc price itself. Altcoin will grow up follow bitcoin as their mother coins. But market has their own answer, as a trader or investor we only can predict. That's why we need stop loss and money management for safety. Altcoin will never died, never lose faith on that. Good luck.