Post
Topic
Board Speculation (Altcoins)
Re: When altcoin price increase
by
lab rat hoax
on 07/10/2019, 13:01:40 UTC
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.

I think that we have left those bad days behind, at least for now. As you can see, altcoins are no longer affected by bitcoin movements as before, because the dominance of bitcoin has reached a high enough level and the prices of altcoins rising. As for your question, I think that when bitcoin loses its throne in the market, altcoins will act independently of bitcoin movements. That is, if an altcoin exceeds bitcoin, the altcoins will be freed from bitcoin captivity, but this seems almost impossible in the short or medium term.