In the past, altcoins have enjoyed immense gains during altseasons. Well this happens only if there is Bitcoin dominance... And I believe there are two types of principles to follow them
* Bitcoin dominance Increases when more and more people buy and simply hold BTC.
* Bitcoin dominance decreases when more and more people sell BTC.
So altcoins fate is purely depend on BTCs price reaction or altcoins are independent???guys please share your thoughts on this.
This is possible altcoins are dependent on Bitcoin. I noticed that during Bitcoin bullrun only new coins are showing highest bullrun. If any new coin listed a good exchange during Bitcoin bullrun, price could hit top even I'm surprised that team management doesn't bother to price. Overall by research,, altcoins aren't independent from Bitcoin price.