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 think you are mistaken. When bitcoin goes up in value usually altcoins go up as well. I think primarily this has to do with the fact that people trade Altcoins for bitcoins a lot of the time. Their market activity is going to mirror one another and therefore their values should trend the same way.
Am I wrong in that line of thinking?