BTC dominance seems to continue creeping on upwards. How high do you think it will go without an actual bull run?
And how high have you seen it go?
I think it might top out at 60% or so ... max maybe 65%.
Basically there are lots of alts, however the alts that will lose the most don't have a large enough market cap to make a difference.
The top 10 or top 25 are already at 90% losses from ATH and they will probably not go much lower.
And when the BTC bull rally starts most likely the dominance might start flattening or dropping actually.