Why Altcoins Turn Green as BTC is Red ! ?

[BTC Future 3946]

On 6/6/2020 at 11:05 AM, CryptoMaxim said:

I believe that not all projects depend on the price of bitcoin. There are some projects that have their own Autonomous demand.

Sometimes this may happen but only for a limited period. Some projects might have a new upgrade or a new partnership, etc. There are events that make them escape the trend for a while, but again they return to normal which is being pegged to BTC and following it's movement.

[Sarahden111 1231]

I think that when Bitcoin goes green, all altcoins become red, and that the fall of Bitcoin also leads to its loss, and the best position for altcoins is for Bitcoin to go sideways.

[Maaz sultan 265]

The price of some altcoins relates as bitcoin because some using bitcoins algorithm like erc20 tokens follows ethereums or its depends on traders .

[CoinFree 54]

It doesn't happen all the time, but sometimes some abnormality happens haha

[Cryptomint 433]

Most of the time it looks in the market. Because whenever bitcoin go up and suddenly come down in red position the alts go up at that time.

[hasaan 289]

That  can be happen for few reason, the price of any coins is the main concern for every users. And all of us wants to get some profit from the trading and no one wants to stay with a drop price coins that's why  the when the price is drop the people are seek to sell that. 

[yonkii 3205]

This is strange if it happens and it only means that there is an altcoin season, as Bitcoin holders move their Bitcoin into altcoins. I joined at a time when an altcoin season had ended and prices of cryptocurrencies were very high, then Bitcoin started rising and left behind everything else until now that reached 20k.

Something similar happened for a week in November but altcoins were fast to correct again.

[Abdul1168782 572]

This is due to the price rise and it can be due to the rise in altcoin because bitcoin also effect on the price of altcoin. And there are a large number of altcoin which are affected by bitcoin price directly or indirectly.

[Fixfin 2569]

Why you ask is the real question. You saw something in the charts, can't you explain exactly what it was? I've seen this happen some times, what does this mean to you though as the Bitcoin price perhaps stopped rising what can it mean except demand has fallen short and demand for altcoins is rising.

[Hamza 2.2 631]

Possibly client of altcoin is expanding on the grounds that bitcoin splitting is coming in the hour of dividing altcoin holder will ready to make benefit moreover. That is the reason altcoin turn are bullish.

[Abbas2.0 812]

Alt coins not become green when btc is red, whenever btc drops the fear in the market rises high and in the result the funds that is out of the btc goes into stable coins like USDT

[Ryken8 545]

On 10/17/2019 at 12:22 AM, sayyedraza said:

Why Altcoins Turn Green as BTC is Red ! ?

As bitcoin price goes down, investors who sells off their bitcoin will start investing in altcoins. That is the normal supply and demand trend that you can see in the bitcoin dominance chart. When BTC losses its dominance altcoins become bullish.

[Sykkuno 2887]

This is probably because an altcoin ull is brewing in the market and bulls are pumping altcoins with btc trading pairs. This happens often and it is nice to make good trades when you spot it immediately. Sometimes it can be a fake signal without confirmation but once you time it correctly there are huge profits from altcoins.

[percare 3192]

Usually i've seen the opposite Bitcoin red and altcoins deep red and moving down a lot. I don't remember seeing Bitcoin dropping and altcoins rising a lot. I don't remember this occasion either but perhaps it could be that Bitcoin already had high dominance and made altcoins lose a lot in price and altcoins couldn't lose more perhaps. difficult to know the way described and should need perhaps a price action from coinmarketcap to understand it better.

[Mella 3680]

As a trader there are some times I saw this happen, but Bitcoin was in red only by small maybe 1%, it was not dropping too much. In this case it is altcoins that are trying to catch up to the Bitcoin train. It is happen as I see and many are try to profit from these altcoin rising.

[zhoutong 2188]

Bitcoin isn't only rising, sometimes it stops and sometimes it goes vertical or drops. It is not that when it drops the altcoins will always drop too. The market has some more secrets that are obvious to some that have more experience.

[Jromz 2158]

That's a really interesting question, mate. I think the easiest way to understand this is having a look at Bitcoin dominance index and its chart. This proxy indicates us how capital is moved around within the cryptocurrency market. In short, when Bitcoin dominance is high above 50 %, this means investors are preferentially injecting capital from altcoins into Bitcoin, contributing to the bull run in Bitcoin. Contrarily, when Bitcoins goes sideways or corrects, then capital is moved back into altcoins, giving rise to so-called "Altseason" (bull market in Altcoins).

[Abbas2.0 812]

22 hours ago, Jromz said:

That's a really interesting question, mate. I think the easiest way to understand this is having a look at Bitcoin dominance index and its chart. This proxy indicates us how capital is moved around within the cryptocurrency market. In short, when Bitcoin dominance is high above 50 %, this means investors are preferentially injecting capital from altcoins into Bitcoin, contributing to the bull run in Bitcoin. Contrarily, when Bitcoins goes sideways or corrects, then capital is moved back into altcoins, giving rise to so-called "Altseason" (bull market in Altcoins).

Very informative comment you made, i just learn a lot in the shape of ho to determine the alt season through BTC dominance, we can easily find dominance through tradingview chart

[bogdanoff 3173]

The altcoins market is not a mystery. 90% and more it goes higher with Bitcoin together or after a while. This is rare to see bitcoin dropping and altcoins turning green and can be maybe beacuse the altcoins needed a breath after Bitcoin taken most of investors.

[Sanjana321 6]

On 12/14/2019 at 7:02 PM, bliznec said:

Bitcoin's green candles indicate that the price is rising. When the red candles at BTC burn, the altcoins turn green. This is a regularity and you can’t get away from it. 

Thank you brother for your valuable information it is a great kind of information for new members in this forum. Having a proper knowledge in the field of crypto world would enable to have a great future because it is the upcoming digital currency which would be used for exchange mechanism between peoples.

[khan22 3478]

ALT coins are going to be green and the BTC is red becasue the BTC is now stable and the coins are go to high this time but again now the is going to a little bit and the other coins are now go down again but soon it go high.

[cryptovlek 2597]

I don't remember seeing this, maybe Bitcoin wasn't dropping but it was stable in price as usually this is when altcoin seasons happen but Bitcoin dropping and altcoins at green is something I haven't seen in the crypto market.

[setifien 1016]

Because when btc is placed in a downtrend movement, investors and traders tend to sell their bitcoins and redirect their funds into altcoins that recieve big amount (high demand) so their price starts increasing.

[kryptonick 2659]

I haven't seen that happening too often. What usually happens is when Bitcoin is dropping big whales sell their altcoins to btc as they fear altcoins will drop more. There can be an event in a coin like it happens now with XRP with deposits/withdrawals in maintenance as there is expected a big airdrop and everybody is buying XRP to profit from this.

[abd1992 960]

On 10/16/2019 at 6:22 PM, sayyedraza said:

Why Altcoins Turn Green as BTC is Red ! ?

This is due to the low liquidity in Bitcoin in favor of alternative currencies, the matter is good at times because Bitcoin relaxes in the ups and downs and begins to walk accidentally