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RE: (6/26, Sat) btc fell -8.9% after failing break through 100MA of the 4hr chart
What about other cryptocurrencies ? What happens to them when BITCOIN starts to rise or fall with greater amount?
What about other cryptocurrencies ? What happens to them when BITCOIN starts to rise or fall with greater amount?
I guess the btc leads the current crypto market, so when btc rise or fall with greater volume, most altcoins would follow the move of btc. And especially in the fall case, most altcoins except eth would fall further than btc. But, this would be valid until the crypto market mood doesn't change.
What is different about ETH? That is might not get affected?
I think eth is best and first altcoin out of all altcoins, so when btc fall -20%, I guess eth would fall less than -25%, other major altcoins greater than -30%, and the other altcoins greater than -40%.