Post
Topic
Board Altcoin Discussion
Re: Why when the BTC goes up the ALT goes down?
by
noormcs5
on 07/03/2021, 15:00:22 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

You need to understand that when bitcoin price increase , most of the altcoins bleed in terms on btc value however they remain stable in USDT terms. The reason for this is that people sell their altcoins to jump into the bitcoin rally as they do not want to miss the profits. This mostly happens when bitcoin breaks out of resistance or making an new all time high.