When bitcoin price increasess, altcoin decreases. When bitcoin price decreases, altcoin decreases as well. In both case, altcoin suffers. When does altcoin price increases? Why market follow this behavior? Please share constructive reason behind this.
This is because now, there is practically no new influx of money into cryptocurrency, and all these fluctuations in the price of altcoins and bitcoin are associated with the movement of existing funds between them. When bitcoin begins to grow, many players knowing what is happening with the price of altcoins while starting to close their positions in them. When bitcoin begins to fall, players come out in stable coins to wait out the storm and earn extra money. The golden time for altcoins is now a bitcoin flat, it is then that money from bitcoin and stable coins begin to turn into alcoins.