BTC dominance has been slowly droping again in your opinion is it a good or bad thing for crypto in general
id personally rather it drop rock bottom so altcoin prices do not need to rely on bitcoin prices
I noticed that the smaller the Bitcoin percentage of capitalization, the better for the crypto currency. Now I'm almost completely in altcoins. I'm waiting for growth. We need to closely monitor these indicators.
ive seem to see the same thing i own mostly altcoins but do also own btc i want to see btc go down to around 3-4k mark as i think its just way overpriced. however i dont really like when altcoin prices drops just becuase bitcoin drops or viceversa. in saying that if btc dominanace drops to all time low it may bring bitcoin down and bitcoin going down may crash the crypto market
really waiting for the day that each crypto relys on itself rather than bitcoin
I think that the price of 3k is not yet realistic. A lot of people want to buy a cheap Bitcoin, but this does not happen. The market works against people's expectations. I think we can go above 10k after which, depending on the news background, we can go to new bottoms or tops. What is touching other coins. Perhaps these indicators are manipulated, but practice shows that if Bitcoin's dominance is lower, capital flows into altcoins. And maybe we are forced to believe that the capital returned to the altcoins, that we started buying coins. A lot of questions. But surprisingly, everything is very good, that it is hard to believe.