Quote from: btc_angela on January 19, 2025, 07:55:47 PM

Quote from: oldgames on January 07, 2025, 05:06:05 PM

If bitcoin makes move for price correction around 50 -60k most crypto will downfall specially those altcoins correlation. We can see more all time lows to those alts that has no big moves when BTC reach all time high (2024).

Not sure though, have you seen that they are decoupling already?

Obviously, the price of Bitcoin hits new all time high already several times, but most of the altcoins are still lagging behind. But in any case that you see Bitcoin correction down to around that price, then everyone will still bleeds no matter what.

I guess some of them, specially in the top 10 might hit a new all time high, but it's not like it used to be wherein when Bitcoin moves, they also go in the same direction. Not sure what the reasons, but the hype is on Bitcoin market right now and not on alts. Possible on some meme coins, but it is being used as a pump and dump scheme.

And if you look at the price movement of Bitcoin because of Donald Trump's inauguration, we have another pump again at $105k.

that's the funny thing with alt in general, when BTC going up it bleed, when BTC going down it bleed further basically signifies that the people just don't care about altcoin anymore, it become worthless and there's lack of capital inflow instead all the money escaping to the newly released trump official meme and any coin that derive concept from trump's meme.

this bullrun is really different compared to bullrun back then where everything is going up, right now, nobody is pumping the coin, only XRP and SOL can make a move, even ETH is becoming lackluster.