Bitcoin has created a new ATH. Do you think other coin will follow suit?

[MUGNIA]

It's true that about your say ,but altcoins need a long process, because from my point of view people are only focusing on bitcoin for the current session, and there are almost no altcoins in that session during this bull run, the whales prefer to look for new coins to be used as capital to seek profits rather than creating bubbles for altcoins.

It is not about long process but people too focus on Bitcoin. It will be hard for other coins to hit new ATH if people too focus on Bitcoin, they only use their money for buying Bitcoin. However there should be time that Bitcoin no longer fluctuate much. Or even it tends to drop more. In this time, people may focus more on altcoins. But if altcoins also follow the trend of Bitcoin, people may prefer to wait and see. This actually makes altcoins season difficult to happen.

hmm, people focus on bitcoin, it's natural, isn't it, where bitcoin is the main coin for crypto, to wait for that time I think it won't be in the near future for bitcoin's  to go down, bitcoin is still above even though there has been a decline and altcoins have not yet reacted to there being an increase

[debra]

hmm, people focus on bitcoin, it's natural, isn't it, where bitcoin is the main coin for crypto, to wait for that time I think it won't be in the near future for bitcoin's  to go down, bitcoin is still above even though there has been a decline and altcoins have not yet reacted to there being an increase

It makes sense if people prefer to focus on Bitcoin. It is because Bitcoin price movement looks clearer than altcoins. Many altcoins have no clear their price progress. Even we don't know if we will have altcoins season. Bitcoin has reaches its ATH and it is predicted to increase higher. People feel more confident with Bitcoin than altcoins. So, we can understand that people aren't really interested in altcoins during this season.

[MUGNIA]

hmm, people focus on bitcoin, it's natural, isn't it, where bitcoin is the main coin for crypto, to wait for that time I think it won't be in the near future for bitcoin's  to go down, bitcoin is still above even though there has been a decline and altcoins have not yet reacted to there being an increase

It makes sense if people prefer to focus on Bitcoin. It is because Bitcoin price movement looks clearer than altcoins. Many altcoins have no clear their price progress. Even we don't know if we will have altcoins season. Bitcoin has reaches its ATH and it is predicted to increase higher. People feel more confident with Bitcoin than altcoins. So, we can understand that people aren't really interested in altcoins during this season.

Well, this is what I mean by the current bullrun session, there is no altcoin session to go up and there won't be any because people are focused on bitcoin, but people have different opinions and views, so some like altcoins, some only focus on bitcoin, it goes back to where they are comfortable investing, and which one provides quick profits

[taufik123]

Well, this is what I mean by the current bullrun session, there is no altcoin session to go up and there won't be any because people are focused on bitcoin, but people have different opinions and views, so some like altcoins, some only focus on bitcoin, it goes back to where they are comfortable investing, and which one provides quick profits

holding both will give profits as long as they enter at the right price, altcoins will also have their own cycles and now only the decline of Bitcoin with the dominance of Bitcoin increasing makes altcoins drop drastically.

It only takes a few opportunities when Bitcoin Dominance drops and the price of Bitcoin stabilizes so that the price of altcoins will recover.

[MUGNIA]

Well, this is what I mean by the current bullrun session, there is no altcoin session to go up and there won't be any because people are focused on bitcoin, but people have different opinions and views, so some like altcoins, some only focus on bitcoin, it goes back to where they are comfortable investing, and which one provides quick profits

holding both will give profits as long as they enter at the right price, altcoins will also have their own cycles and now only the decline of Bitcoin with the dominance of Bitcoin increasing makes altcoins drop drastically.

It only takes a few opportunities when Bitcoin Dominance drops and the price of Bitcoin stabilizes so that the price of altcoins will recover.

ok, it seems like the patience of altcoin ownership is being tested, hopefully that session will come soon where I am also waiting for that session, but I am a little anxious seeing that btc is always going down whether it has entered a bearish period now or is it just a correction situation

[taufik123]

ok, it seems like the patience of altcoin ownership is being tested, hopefully that session will come soon where I am also waiting for that session, but I am a little anxious seeing that btc is always going down whether it has entered a bearish period now or is it just a correction situation

The situation like now is quite worrying, the price continues to drop and even now it is touching $86k and will soon touch the price that CZ said is $85k.
It is very drastic, but this is also because of the effect of the Bybit exchange hack carried out by Lazarus and of course the effect is now extraordinary.

But do you want to give up and panic with the current state of the market?
Of course we have to be strong and continue to accumulate purchases or by doing a DCA Strategy if we still have enough money to buy back.

There will always be tremendous upside potential, just wait and stay patient.
Every time there is a decrease, there will be an increase.

[MUGNIA]

ok, it seems like the patience of altcoin ownership is being tested, hopefully that session will come soon where I am also waiting for that session, but I am a little anxious seeing that btc is always going down whether it has entered a bearish period now or is it just a correction situation

The situation like now is quite worrying, the price continues to drop and even now it is touching $86k and will soon touch the price that CZ said is $85k.
It is very drastic, but this is also because of the effect of the Bybit exchange hack carried out by Lazarus and of course the effect is now extraordinary.

But do you want to give up and panic with the current state of the market?
Of course we have to be strong and continue to accumulate purchases or by doing a DCA Strategy if we still have enough money to buy back.

There will always be tremendous upside potential, just wait and stay patient.
Every time there is a decrease, there will be an increase.

to panic i don't think so, where this incident has been repeated in my journey, just surrender and wait for the next price increase, maybe i am too late to take advantage of bitcoin now but the increase will definitely happen again. really btc has touched 80K$ now, i haven't looked at the chart for a few days because that's what i'm afraid of the decline

[taufik123]

to panic i don't think so, where this incident has been repeated in my journey, just surrender and wait for the next price increase, maybe i am too late to take advantage of bitcoin now but the increase will definitely happen again. really btc has touched 80K$ now, i haven't looked at the chart for a few days because that's what i'm afraid of the decline

Hahaha don't be afraid of the decline if you are already confident of the rise that will happen in the end. But if you have a Fiat reserve buying at a price of $80k is the best time because it's a very deep drop in recent weeks.

I keep monitoring the chart of Bitcoin's movement and bitcoin's dominance, this allows me to know what is happening and what will happen to the crypto market so that I can be more vigilant.

[Sim_card]

to panic i don't think so, where this incident has been repeated in my journey, just surrender and wait for the next price increase, maybe i am too late to take advantage of bitcoin now but the increase will definitely happen again. really btc has touched 80K$ now, i haven't looked at the chart for a few days because that's what i'm afraid of the decline

Hahaha don't be afraid of the decline if you are already confident of the rise that will happen in the end. But if you have a Fiat reserve buying at a price of $80k is the best time because it's a very deep drop in recent weeks.

I keep monitoring the chart of Bitcoin's movement and bitcoin's dominance, this allows me to know what is happening and what will happen to the crypto market so that I can be more vigilant.

The price is still on a 90k resistance, but has dropped to $88k+. Trump has finally established US bitcoin reserve but wouldn't buy bitcoin with taxpayers funds. Instead, will use seized bitcoin from criminals as reserve instead of selling. This didn't add any impact to the market price because UD isn't buying.

[Rubel007]

It's true that about your say ,but altcoins need a long process, because from my point of view people are only focusing on bitcoin for the current session, and there are almost no altcoins in that session during this bull run, the whales prefer to look for new coins to be used as capital to seek profits rather than creating bubbles for altcoins.

It is not about long process but people too focus on Bitcoin. It will be hard for other coins to hit new ATH if people too focus on Bitcoin, they only use their money for buying Bitcoin. However there should be time that Bitcoin no longer fluctuate much. Or even it tends to drop more. In this time, people may focus more on altcoins. But if altcoins also follow the trend of Bitcoin, people may prefer to wait and see. This actually makes altcoins season difficult to happen.

hmm, people focus on bitcoin, it's natural, isn't it, where bitcoin is the main coin for crypto, to wait for that time I think it won't be in the near future for bitcoin's  to go down, bitcoin is still above even though there has been a decline and altcoins have not yet reacted to there being an increase

In previous years, along with the increase in the price of Bitcoin, there was a big movement in altcoins, but in this bull market, a different situation has been created. Although the prices of some altcoins increased, they did not reach the expected level. The trust that the general public has in Bitcoin has made people more interested in Bitcoin than altcoins. People have been able to understand that even though altcoins give profits in the short term, there is no alternative to Bitcoin to maintain the value of their assets in the long term. Even if Bitcoin creates new ATH again in the future, it is completely uncertain in the case of altcoins.

[JoyMarsha]

to panic i don't think so, where this incident has been repeated in my journey, just surrender and wait for the next price increase, maybe i am too late to take advantage of bitcoin now but the increase will definitely happen again. really btc has touched 80K$ now, i haven't looked at the chart for a few days because that's what i'm afraid of the decline

There's nothing to be afraid of the price decline of Bitcoin so long as Bitcoin will increase back in price. Are you forgetting that every price decline of Bitcoin serves as an opportunity to buy more Bitcoin?

I hope you are not forgetting that we are in the bull run season when it is anticipated that Bitcoin will give a new ATH of above $150k-$250k before the end of this year. Why then be afraid of the current price decrease you see that won't last

[pieppiep]

In previous years, along with the increase in the price of Bitcoin, there was a big movement in altcoins, but in this bull market, a different situation has been created. Although the prices of some altcoins increased, they did not reach the expected level. The trust that the general public has in Bitcoin has made people more interested in Bitcoin than altcoins. People have been able to understand that even though altcoins give profits in the short term, there is no alternative to Bitcoin to maintain the value of their assets in the long term. Even if Bitcoin creates new ATH again in the future, it is completely uncertain in the case of altcoins.

This is why many people tend to use Bitcoin as opposed to these altcoins in the current market environment. This unpredictable nature of altcoins makes the investors to look at other long-term investments rather than the fluctuations of altcoins. Comparing to most of the altcoins, Bitcoin has demonstrated itself as being less sensitive to the fluctuations to extreme range. While no one can predict that it will certainly happen in future, many foresee another growth of Bitcoin up to new heights possible only with enhancing market demand. There are even some expectation that it can go up to $180,000 in the coming couple of years in case of the further demand growth and improvement of the regulatory legislation in the key countries for the crypto market.

[Marivic27]

Every movement of bitcoin price there is always an effect to altcoins and there are altcoins that will follow the trend when btc is in a status of bull trend there are a lot of coins that will rise and when btc price fall down the altcoins price will also follow, based on my observation there is no altcoins that will bull itself it will always depend on the market and bitcoin price it is already happen so many times before even if we look at on different price chart, so i believe that when bitcoin reach new ATH expect that there are a lot of altcoins that will also reach new ATH.

[Mr. Magkaisa]

It's really nice to see portfolio's value today 
Looks like BTC is not losing dominance and I see altcoins struggling, like ETH for example, pretty hard to do ATH again

About position in the market, I'll not do anything at the moment, I think I'll just watch right now and not sell or buy

    -     You are an audience or one of the viewers now, hehe.. well I think you are doing the right thing, you are becoming an observer first and studying the market movements in which is a nice move as well I guess.

But bitcoin is still showing in the market that its influence on the top altcoins is still strong because it can still pull them up when there is a btc rally in its price
in the market and we always see this every time there is a rally in BTC.

[debra]

Well, this is what I mean by the current bullrun session, there is no altcoin session to go up and there won't be any because people are focused on bitcoin, but people have different opinions and views, so some like altcoins, some only focus on bitcoin, it goes back to where they are comfortable investing, and which one provides quick profits

Maybe we have no altcoins season with the same pattern like in the past. But I think we still have a chance for the altcoins season. It is possible for something different with a new altcoins season. Bitcoin can reach a new ATH before its halving, so some altcoins may reach their ATH earlier. Other altcoins may reach their ATH later. Altcoins may reach their ATH in different time.

Yes, people too focus on Bitcoin. That's why Bitcoin very dominate the market. This makes altcoins get difficulty to increase. But I think there is still a chance for the increase of most altcoins in this year.