What happens to Altcoins when Bitcoin rises?
Usually, when Bitcoin starts to break its resistance level, most of the Altcoin holders will liquidate their position to get back into the king Bitcoin making the altcoin market dip.
It has happened before, and it has been brutal for Altcoin holders.
However, we have had so many new coins this past year with solid projects that most of the coins have not even dropped while others are even moving up
Are we facing a massive adoption for Altcoins?
Its still early to decide, but one thing is certain, Alt market is solid.
Keep an eye on your favorite coin for any dip, and add more to your position but remember to scale in, dont go all-in it might dip further.