When the value of cryptos falls, many traders double down effectively strengthening their commitment to a course of action that is potentially risky because the prices are so low. As with the pattern demonstrated from this short market tale, here's to how you can capture a price swing or one large move. By this we can conclude that we need to be careful on our alt trades and need to be sure on accumulations backed by TA and FA studies. Where are we heading is the moment of truth from this article!
https://medium.com/mark-price/the-chop-c55567cb7d26 Ya the correlation of prices between
BTC and alts i think is one of the many things traders learn quickly in crypto
the new traders maybe havent seen enough swings to see how it works and to capitalize on it like the vets, but they learn (or burn quickly hehe)
of course it dosent mean its a guarantee they follow eachother either, thats why TA is so shakey in crypto imo, way too unpredictable : /