Since the dump from 6500$ (and actually since sept.) btc dominance has been very stable, around 53%.
However it appears previous bear market phases always had an impact on the indicator.
How do you explains this at all?
It is difficult to interpret the meaning of this but when the price goes down altcoins tend to lose more money than bitcoin because they are even more unstable, but the bitcoin dominance is remaining close to where it was, this tells me that most likely when we see a recovery we are going to see the alts growing faster than bitcoin and reducing that huge dominance a little bit.