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)
to be more relevant now point 3 is the most obvious. Altcoins always follow the movement of bitcoin, this happens because many pairs between altc / btc on many exchanges cause altcoins to follow bitcoin significantly. so when altcoins have increased significantly, almost 80% of altcoins have increased, but not all altcoins follow this trend.