Currently if we look at the market it seems that there is a complementary relationship between Bitcoin and other altcoins. Because there was a time when the price of other coins started to increase along with the increase in the price of Bitcoin, but the current situation shows that despite the fact that the price of Bitcoin is so bright, the price of other coins is at the lowest level.
But when the price of Bitcoin was close to 30 thousand dollars, the price of other coins was still in a good position. But currently the price of Bitcoin is close to 1 lakh dollars, but the price of other coins is at the lowest level. So in this case when bitcoin pumps, all altcoins dump and when bitcoin dumps, all altcoins dump too. The current market situation seems to always be written for investors to invest in fortunes and the current market situation seems to create opportunities for investors to invest again and again with market crashes.
[source](https://pixabay.com/photos/finance-business-bitcoin-document-6749717/)
But one thing if you pay attention right now, you will see that even though the price of Bitcoin is increasing and Bitcoin is trying to stay in a certain position, altcoins are getting dumped. Currently many analysts say that the flow of money greatly affects altcoins. But the thing that is completely responsible behind this is the dominance of Bitcoin. Where Bitcoin dominance is expected to decrease and when Bitcoin dominance is at a stable position. Altcoins are still dumping. The current situation appears to be stuck in a technology cycle.
Currently another name of concern is Dipsik AI platform. Currently it is creating such a panic that it has also had a significant impact on the market. Moreover, we have seen a decline in prices from the end of January to the beginning of February where the market goes negative at the end of every month.
Moreover, a kind of fear of missing out is created in these markets so that the cycle that creates such fear that many people start investing in their sites. For example, in the current situation, China is one of the places where a panic has been created so that people think only Chinese narratives are pumped up.
This caused people to panic and withdraw their investments or invest in Chinese denominated currencies. This is a kind of fear of missing out situation. But sometimes all these situations make us stuck in a certain place. But from the market situation we should understand that this is crypto market. And this kind of market is famous for its volatility.
However, despite the current volatile situation, we are optimistic that a bull market is ahead. Because we see such a situation every four years in the market which is essentially a crypto cycle. These periods in the crypto cycle are very important as these are the periods that an investor is keenly interested in. But here patience is much needed and also need to get out of the market at the right time. Because it can be seen that the next bear cycle is likely to start from the last months of this year. So it is very important to get out of the market with profit at the right time and we should focus on this time. The right timing of the crypto cycle is to get out at the right time by profiting within this year.
