Post
Topic
Board Altcoin Discussion
Re: BTC and Altcoin Price Movement
by
bitcoinsocial09
on 04/01/2020, 11:44:27 UTC

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
We know that the bitcoin market and altcoin market is different and the market price doesn't really vice versa in bitcoin and altcoin since there are a lot of delays in the market and a lot of speculation,
The market of bitcoin and alternative token could go down at the same time and even pump at the same time since there are so many issues in the cryptocurrency community. It was probably vice versa but with a lot of delays probably the spike in the market price of altcoins in the cause by the dump of bitcoin in the past month.