I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.
but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
I see a lot of people ask this question, but the common reason here is more of human factors, remember it's real people that trade cryptocurrency, even when robots trade they are simply made to imitate humans and do exactly what humans should do while trading. So the common thing that happen is when Bitcoin price starts sliding down, people tend to move their coins from BTC to USDT and to Altcoins to make room for purchases when it starts recovering upward and thereby making Altcoins to move up, same thing happens when BTC begins to move forward, people sell their Alts to buy BTC and Alts price moves downwards the more