if btc retraces 30 to 40 percent when it hits 13k to 15k what will happen to alts will they fall as well or will they go up or how would it play out? only long term players please..
I'm long term to bitcoin and Ethereum. I know understand the feeling of you guys who are mostly holding alts on your portfolio's. If bitcoin dominance keeps on increasing, btc pairs won't be able to catch up if you are a day trader because it will just increase continuously.
And for those full time alt holders, as you may understand that alts are stumbling down but that doesn't mean it will forever. If you analyze the alts, many of them are following bitcoins increase although the dominance is against alts.