For those who are wondering "why is BTC green when the rest of the market is red?"
Your answer:
Money has to flow into BTC first before it can flow into ALTs, don't you understand?
Explanation:
Whales, research institutes, usually rich people, don't use USDT like us to buy ALT tokens, they use BTC.
I think by now you have noticed that almost every ALT has a BTC pair "eg: XRP/BTC… SOL/BTC… etc" so you can buy ALTS directly with BTC.
So whenever you see BTC rising, it doesn't mean that ALTS will follow immediately, but it can signal that ALTS will rise in the near future, in which case you will see BTC price drop or stagnate for a short while ALT rises, and that is the reason for the 10-20-30% overnight increase of some tokens, especially those with low total supply.
Take#MDTfor example, if someone puts 1-2 BTC in it, the price will increase sharply.
Conversely, sometimes you may see ALT falling and BTC not, that is because people who bought ALT with their BTC are now cashing out and selling their ALTS for BTC.
Simple right?
#N4G