Guys
I just wanted to discuss topic about the price after crash . Before crash bitcoin dominance was 34 percent but now 40 percent . I was thinking as long as bitcoin increase altcoins will rise up as well however it doesnt happened exactly ,when bitcoin falls altcoin falls down moreand more but in opposite doesn't increase as much as bitcoin.
Its because bitcoin is much more stable compare to other coins and there are lots of bigtime investor in bitcoin than its competitors. When bitcoin rises up altcoin traders tend to leave or put altcoin on hiatus and focus only on bitcoin thus leaving a small percentage of traders trade altcoin.
You are right, that many people throw alt for bitcoin and if users want to buy alt, they definitely buy bitcoin first. That's why bitcoin becomes stable and keeps rising than any other alt. But some alt keep increasing, like eth, ltc and others. Perhaps more precisely the alt which does not increase is shitcoin.
From my point of view bitcoin is a lot of demand then bitcoin increases more when bitcoin falls lower but vice versa does not increase as much as bitcoin. That's why Bitcoin is stable and steadily increasing compared to other altcoins.