Post
Topic
Board Speculation
Merits 2 from 2 users
Re: BTC broke bottom of triangle. Deep crash ahead.
by
Samarkand
on 30/01/2018, 21:02:51 UTC
⭐ Merited by TheQuin (1) ,1Referee (1)
...
Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.

...

How did you arrive at this conclusion?



Altcoins are heavily correlated to the BTC price.
If you think about it this is entirely predictable, because
most of them don´t even have fiat trading pairs. Therefore
their value in $ decreases if the Bitcoin price decreases, because
they are priced exclusively in BTC.