if btc drops to 7-8k range what happens to alts?
then the altcoins will drop as well.. we have seen before that when bitcoin goes up or down then the altcoins will follow. I guess the altcoin investors relies bitcoin movement.
Well yes altcoins will follow bitcoin once it drops but not to the point it will also recover if btc bounce back.
As we can see the progress of btc from early of this year are quite good but alts remain at the bottom especially those altcoins that are not popular.