Post
Topic
Board Altcoin Discussion
Re: Altcoin season question
by
mdzahed134
on 24/03/2020, 08:56:33 UTC
No,

Altcoin prices always depend on bitcoin. One factor is that altcoins are only convertible to BTC, altcoins will be having a hard time to increase without the influence of bitcoin.
Altcoins, especially now, will not be able to grow without Bitcoin. Here, on the contrary, one should expect an increase in the level of Bitcoin domination to 70%. So far, I do not believe in the growth of Altcoins, even in relation to Bitcoin.
Yeah, altcoins market mostly growing influence by bitcoin, at the moment altcoins are going different way, there’s we can't say that Bitcoin price movement is effective things for altcoins market. The dominance of BTC is too high, you can see that altcoins aren’t increase as per as btc pumping. For just this time i don’t think altcoins price are depend on btc.