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.
You can see that market capitalization is being poured into bitcoin, although the price of bitcoin in the past few days has been steadily increasing but market capitalization has not increased sharply but the price of altocin is decreasing, which gives found that the increase in bitcoin prices was due to the capitalization of altcoin to bitcoin. So I think we should only invest in bitcoin at this time.