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RE: Bitcoin Dominance Is Going Down - Bullish For Altcoin?

in #leofinance4 years ago

I personally notice that some Altcoins tend to follow the price movement of the bitcoin though it can be lagging sometimes....while there are some altcoins that correlate negatively..e.g when bitcion rises,they fall,when bitcoin falls,they rise...

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yeah, I tend to agree, unless Bitcoin is plummeting, then everything goes down, but if there are only smaller pullbacks for Bitcoin, many altcoins are generally stronger, especially by the end of the 4 year cycle.

many altcoins are generally stronger, especially by the end of the 4 year cycle.

I agree with this..