Bitcoin rally today is huge and it must end at some point.
Now I want to swap part of bitcoins into alts with only one goal - to gain bitcoin value. What do you think? What alts will raise in bitcoin price in next days if bitcoin begin to fall in dollar value?
From what I have noticed, the alts go up only when the Bitcoin also moves up. But the difference is that the swing will be more extreme for the alts. For example, if BTC goes up by 10%, then the average alt will go up by 30%. The reverse is also true. If Bitcoin drops by 10%, then the alts will also go down by 30%.