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.
BTC will dominated cryto market as always, others only followers. New coins can't take bitcoin position because all coins came from bitcoin and bitcoin already have long history in crypto market. Besides that bitcoin always get higher supply and demand than others. Up or down bitcoin will lead all coin, follow it and leave market when take profit/ stop loss reached.