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 have been in the cryptocurrency industries for over 5 years now, and I dont think altcoins market responds to surge when Bitcoin retraces, Bitcoin retracing will only boost Bitcoin itself because more investors will come in at that time, in fact such huge retraces usually causes FOMO because people will see it as a very cheap price to buy against the next surge and ahead of the next bull run.
If there is going to be any major retrace now, I think the highest we can see would be $7k, and if I see this value again, I am ready to sell all my altcoins to buy it, so I believe many investors will consider this too, which will indirectly affect altcoins and make them decrease further against the increase that you assume it will cause to them.