Post
Topic
Board Economics
Re: How is it supposed to be alt coin season after bitcoin falls?
by
tbterryboy
on 22/04/2021, 19:43:59 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
Yes, something like that is very possible. It’s not every coins that will go down with bitcoin if it should go down, there are also coins that are going to keep growing and this will even be the time they will reach their ATH price.

You can see litecoin as an example, although litecoin do follow bitcoin to an extent, but there is always that difference there. When bitcoin was having a huge pump, litecoin was moving slowly, but since became kind of stable and dropped from it’s ATH price, litecoin has been moving up quickly. And if you check the history, things like this has also happened.