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.