I am aware some of you might not agree with my view but I strongly feel that the value of altcoins are correlated to the value of bitcoin and we have seen this in the past as value of altcoin trends according to the momentum of bitcoin, but now the real question would be "why the value of altcoins are still trailing behind wherein bitcoin has increased by leaps". All we need is a bit of patience as crypto will not go as per our expectation as it's not scripted and many might have noticed that the value of ETH was all-time high when the value of bitcoin started to dump after the 2017 bull run.
What's your opinion guys?
If you just look at the price to see the ALT-BTC correlation then that is not the way.
I see a way to carry out the relationship, from the beginning of the market up to now I have seen a few factors as follows. After having extra money in the market and making the btc pump, then the down time. At this point we can easily see that the money will go to the ALT or the money will run back to the actual pocket. So when I see signs of money sources moving, I always think that it is the relationship between ALT-BTC in the near future, thereby making my own judgment on this market.