One observation - It seems at the moment money is pouring out of alt-coins while bitcoin rises. What do you make out of this?
In last weeks/month those were more or less moving in sync but it seems that changed.
I am not sure what to make out of it.
If I remember correctly we had that in Nov 2017 before the big BTC rise. That could be the same here.
On the other hand it might be the last thing supporting BTC at the moment - money from alts - before moving down big time.
I think it's profit taking. While BTC is only up 27% from the low, some coins are up 40-100%. Traders are in it for quick gains. 50% up in a week is every traders dream (for non leveraged trading of course)
In this bear market people are looking for stability, with bitocin having the biggest market cap it makes sence that beaten up investors would flock to it