Quote from: ReiMomo on December 17, 2019, 01:07:24 PM

Quote from: ecnalubma on December 17, 2019, 12:44:40 PM

Quote from: weidex on October 29, 2019, 09:21:29 AM

Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?

Altcoin might likely to rise too if ever Bitcoin will breach 20k again, even the dead project could rise from the dead. 😂 Most altcoins are tied to Bitcoins volatility so if it moves it also affect major coins like a magnet.

Probably, altcoins will pump up when the Bitcoin price goes up. As we noticed recently movement of cryptocurrencies in Coins market cap altcoins also swinging the price when the fluctuation of the main crypto which is bitcoin. If you remember just like what happened in the year 2017, all projects that launched were successfully hit in the market and all entire crypto showing green colors. It's all depends on the Bitcoin price.

A few months ago bitcoin has already pumped almost 14k and what was happening with altcoin? altcoin was not even following the bitcoin pump and altcoin has been loosing a lot of value. it can't be a good point to determine whether altcoin will follow bitcoin or not.
The trend is changing anytime. I believe altcoin still remain the same.