1. When Bitcoin is up, Altcoins are also up.
2. When Bitcoin Down, Altcoins Down.
3. Bitcoin is up but Altcoins are down.
4. If Bitcoin is stable, altcoins will go up.
1. Situation explain: When bitcoin goes up in 1 number situation, altcoins also go up. This situation happens only when the total market capitalization is very low. Then new investment is needed to increase the market cap. When new money comes to the new investment market, the market cap starts increasing. That is why the investment in altcoins starts coming with the increase of Bitcoin, so the altcoins also start increasing. If the Bitcoin chart is bullish then the market is making money. With bitcoin, the price of altcoins goes up. In such a situation, if you see that the market cap is decreasing, then suddenly there is good news in the market, if bitcoin is bullish, then you will understand that new money will come into the market. After that, if bitcoin and the market price increase, then the altcoins are technical analysis. Start bye. And altcoins will go up with Bitcoin.
2. No situation Explain: When bitcoin is down, altcoins are also down. It is exactly the opposite of situation number 1. The second situation happens when the market capitalization starts to decrease and money starts coming out of the market. BTC goes down when 10-20 billion dollar is suddenly out of the market. The altcoins also went down. Then FOMO - Fear of missing out came to the market. Then the money starts coming out of the market, so the BTC price starts decreasing and the altcoin also starts decreasing. Then everyone starts panic selling. And the altcoin starts going down. In such a situation, stay away from the market and do not take trades. Get out.
3. Situation number 3 explain: When bitcoin goes up, altcoin goes down. In such a situation, the market cap increases and bitcoin also increases. But altcoin goes down. The market capitalization before the number three situation comes is very low. Suddenly money comes in the market and bitcoin starts to rise and altcoin also rises. Then the market capitalization is normal. Not more and not less. After that, when the money started coming again, the capitalization started increasing. Bitcoin price also increases. Most of the people then think that if they trade in btc with stable coin, the profit will be more. So they sell altcoin and come to bitcoin.
On the other hand, the bitcoin price of altcoins keeps decreasing but the dollar price of altcoins keeps increasing.
4. Situation four Explain: When bitcoin is stable, altcoin starts to rise. Before coming to such a situation, bitcoin starts to rise. And to rise up, bitcoin settles in a place. Then altcoin starts to recover.
★ Then Altcoins start to recover.
Last or situation Bites in up Artcoin Down as Bitcoin stable
Altcoin up These two situations are seen only when bullish behavior is seen in the market. In bullish behavior, such a situation is seen when Bitcoin goes up, goes down a bit and then goes up again and takes a correction. Thus, if bitcoin goes up, Altcoin goes down. Because there is not much profit by buying and selling bitcoin with Altcoin. If you trade usdt to btc then you will get good profit. After that btc started to take a place and become stable. If btc is stable, you can't make much profit by trading btc/Usdt. Then profit is in altcoin because btc moves sideways and its fluctuation is reduced. As Altcoins are down, market buyers go to Altcoins and money comes to Altcoins. And the altcoins started to pump.
And by maintaining this formula, the crypto market started to go up and down.
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