if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?
Nowadays, Bitcoin is back but has had a good impact on altcoins. In the past few months, when Bitcoin was pumping, the Altcoin price slowly also climbed. But the price increase of Altcoin is not very high.
Even if now observing the market, Bitcoin still dominates. But what happens to the altcoins, the more downhill. Market conditions are still very difficult to predict.
The crypto market is facing a lot of problems in investment and psychology may be the main reason why other altcoins do not have good growth this year. I think that if Bitcoin can stabilize for a short time, altcoins can grow stably because the current value of Bitcoin changes hourly and very unpredictable so I believe we have to wait longer. Maybe the bear market will continue until the end of next year so you have to be careful in investing