$BTC ) Bitcoin IS LOSING TO ALTCOINS:
At levels that have greatly affected Bitcoin's momentum the altcoins are rising. Historically Bitcoin and altcoins have had an inverse relationship: Bitcoin finds it difficult to maintain rallies when the dollar appreciates. As the altcoins gains ground, this dynamic is reoccurring. Bitcoin has been under pressure to decline due to the recent recovery in altcoins which is currently trading at about +10%-20%.
Because the altcoins are getting stronger, Bitcoin's most recent rally has stalled. Bitcoin has lost momentum after trying to break through the psychological barrier of $100,000 and is currently trading below important resistance levels. Since outflows from the cryptocurrency market are frequently caused by a strong move in ALTS the growth of the ALTS has made it harder for Bitcoin to maintain buying interest.