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.
The reason is that
BTC is rightfully considered a reliable cryptocurrency and in it many traders and investors fix their profits. So it turns out that when bitcoin begins to grow in price, people switch to it from altcoins in order to capitalize on the growth of bitcoin. And when altcoins have fallen in price at least a little, people switch to bitcoins because they are afraid of a further reduction in the price of their altos and thus try to save their money.