Post
Topic
Board Speculation (Altcoins)
Re: if btc drops...
by
hashman
on 01/10/2019, 18:56:45 UTC
if btc drops to 7-8k range what happens to alts?

There is no alternative for alt coins if BTC drop around 7K. We will see just blood everywhere  ☹
By the way last 2 months we used to see red market both when BTC is up or down. Even when BTC is stable may days market was red. As seen from coin market cap, there is no new investment at crypto we can say.

When there is no volume at overall coin market cap, price drops at BTC affect the alt coins more and more.
We need a strong BTC with “high total volume” at coin market cap. Than price drops of BTC can be compensated by other factors and alt coins can recover quicker.