I am confused among these, cauze people says
1. Btc pump then alts dump
2. Alts pump then btc dump
3. Both btc and alts follow each other
But we can see that only the 3rd scenario is happening right now i.e alts are following btc.
What's about the 1st and 2nd.
(Actually I am a newbie in trading)
Yes follow, but btc is not follow alt. Alt coin trader always follow bitcoin price. If you saw price chart you seen that when bitcoin price increase many alt coin price dump. When btc price fall down you see alt coin price don't increase.