Post
Topic
Board Economics
Re: How is it supposed to be alt coin season after bitcoin falls?
by
wiss19
on 20/04/2021, 20:51:26 UTC
I hear everyone talking about how it's going to be alt coin season when bitcoin season is over. But how? Whenever bitcoin falls, for some whack reason alt coins follow suit. Even those coins whos projects have nothing to do with bitcoin like Vechain.

I really feel like we've hit the market cycle top earlier than expected tbh
Not like it’s not possible it’s not every altcoins in the market that goes the same direction with bitcoin (having correlation), most of them don’t have any correlation with bitcoin at all, they are just on their own lane, so there is the possibility of these coins increasing in value even when bitcoin crashing, it’s normal thing and it happens like a lot of times, we see it happen.

Although that might be the same for coins like Ethereum, Litecoin, Bitcoin Cash and all of them that moves the same direction with bitcoin.