When BTC and BTC.D are correlated, alts aren't mimicking bitcoin's price action with bigger amplitudes (in % terms). It suggests more fundamental demand for BTC and less manipulation/speculation.
It looks as though alts (on average) are starting to ride bitcoin's price action again, as BTC and BTC.D are seemingly back to moving inversely.
It looks as though alts (on average) are starting to ride bitcoin's price action again, as BTC and BTC.D are seemingly back to moving inversely.