As we have seen in previous bull run, Bitcoin dominance peaked at 66% on 8th then alts started to pickup then BTC price reversed on 17th. What is your perception on the next bull run how high do you think the BTC dominance will reach this time?
Do you think it will be lower because of so many new coins have entered the market since then?
What do you think of the current price rise, where do you think it will confirm a bull run?
Would love to see your input on those.
The only poinbt a bull run will be confirmed right now is if we are able to break $10000 and also we should not forget the possibilities of fail break outs during bear trends and that would take some extra caution for anyone who wants to get into a position. Also, last year is obviously not an indicator of what could possibly happen this year, because we are totally in the opposite of last year right now.