Altcoins Will Be Destroyed By Bitcoin, Warns Analyst Following Jump To $8.5K

[AllSii]

Most of the time altcoin follows bitcoin move. Every time we saw BTC pump alts pump right after that. this is not a prediction this is a facet you can check past history. So BTC will not destroy ALT they help and co-exist with each other.

Very often, altcoins grow strongly when bitcoin is flat, as it is happening now in the market. And with a sharp rise or fall in the price of bitcoin, altcoins also fall.

[pacar_tiri]

Most of the time altcoin follows bitcoin move. Every time we saw BTC pump alts pump right after that. this is not a prediction this is a facet you can check past history. So BTC will not destroy ALT they help and co-exist with each other.

Very often, altcoins grow strongly when bitcoin is flat, as it is happening now in the market. And with a sharp rise or fall in the price of bitcoin, altcoins also fall.

I agree with your opinion, I see altcoin grow strongly when bitcoin is flat. But when bitcoin is pumping now, why altcoins seem struggle. I hope It just market correction, altcoin season will come soon mate. Keep calm wait until the end of this year.

[ayatoslaw]

So BTC will not destroy ALT they help and co-exist with each other.

Actually it's not about them helping each other, but altcoin prices are rising and not based on the dominance bitcoin chart, Market capitalization is only rotating in bitcoin and altcoins, so when bitcoin dominance increases, altcoin prices will fall, but when bitcoin dominance decreases then altcoin price will go up.