Hi all!
With bitcoin flying to the moon, a lot of people expected a (huge) crash. In perspective of other crashes, how will the price of altcoins react when bitcoins drops to say $6.000? Will altcoin go up or down?
Well usually when the bitcoin price crashes altcoin's price crashes too but sometimes as bitcoin price rises some altcoins prices will crashes for example bitcoin cash after the announcement of lead devs of segwit2x, bitcoin price crashed from 7800 to 5500 and bitcoin cash skyrocketed and reached all time high of 2400 but now the bitcoin prices skyrocketed, altcoins are affected by surge too. ETH price have increased and other altcoins have price increase too.