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 dominance was a very special, unfortunately, we cannot compare the previous because it has a different run.
The additional altcoins doesn't matter if we observe how bitcoin dominance work and its effects on all altcoins it does not affect even how many altcoins are now in the market as it push more the bigger crowd in addition to its dominance.
From this price, i will confirm we are in the bull run.