Quote from: charlotte04 on December 23, 2018, 10:53:31 PM

Quote from: quartzz on November 23, 2018, 02:15:36 AM

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?

/edit: details
Since september Bitcoin went from $6500 to $5500
Then 5500 to 4200
Then 4200 to 3700
Then 3700 to 4300
Then 4300 to 3300

BTC and the whole cryptomarket are falling absolutely proportionately. It remains at 53%
Previously it wasn't the case. Dec 13 it fell from 96% to 87%. Strong movements in the markets pretty much always translated in a different dominance afterwards.

Note that the absolute value of btc dominance (53%), high/low, is not my point at all.
Also speculations on BTC aren't the point, it's only about understanding the current stability of btc dominance, if it has any meaning.

When times comes right and people will realize that bull run is coming again, then a lot of investors will eventually come and it will make the BTC dominance spike up again.

Last year when bitcoin price had ath bitcoin dominance was at 33%, or somewhere around that. I was confused about that, later when I started to read about what can affect bitcoin dominance on market I understood that its one big manipulation. Main source of this informations about dominance comes from coinmarketcap, but they manipulated with numbers and they were caught doing that.
Here is one good article about it https://cryptoguidepro.com/bitcoin-btc-dominance-index-meaning/ you can learn about bitcoin dominance and about bitcoin dominance in relation to the cryptocurrency market as a whole. I wish you good reading friends, learn more, know more, and nobody can`t lie you after that.