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)
The relationship between Bitcoin and Altcoins is very close, Bitcoin usually rises in price and altcoins do as well. Conversely, Bitcoin decreases altcoins, but some Altcoins have positive news from developers that cause them to increase in price when Bitcoin falls in price.