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?
When bitcoin price drop, most altcoin price following and bitcoin dominant in market increase. I think when market recovery and altcoin price rising, bitcoin dominant will decrease and its good for market because its more healthy and give a chance for altcoin to grow