It's been a tough few months for Bitcoin since the beginning of the year. Where do you see it going over the next few months? My money says it will be around $13,500. The market in general is still tied to Bitcoin, so a rise in Bitcoin's price will see it move up overall. I am hoping within the next couple of years (preferably sooner) that the market will start to move independently, but the fact remains that (like it or lump it) Bitcoin rules the waves for the moment.
yes, that's what happened. the market is still tied to the rising and falling prices of bitcoin. this is what makes bitcoin a benchmark in every altcoin price.
and you should not be too surprised by this. this has happened from the first altcoin first created. but, in the future, everything will change whatever it is, I do not know. but it is likely the market will move independently without longer sticking to bitcoins.