Post
Topic
Board Altcoin Discussion
Re: Why when the BTC goes up the ALT goes down?
by
speedforce
on 23/12/2020, 23:13:54 UTC
Hi all,

I don't understand why when the BTC goes up then the ALT goes down?

Can someone explain me why?

Thank you

Some alt investor take their money to ride bitcoin price, so demand in alt decreased then price down.

I agree, they prefer to swap their ALT to Bitcoin to take the opportuniyy and try to avoid some loss of holding ALT