bitcoin dominance is very high at the moment but altcoin party will soon come and well all earn some money, i have a lot of investments in altcoins and bounty tokens to be cashed out.
Poor me, I switched all my Bitcoins into BNB when price was $9400. I anticipated sharp decline thereafter but looks like whales have some other plans. Rather then fall in value, there was an increase of 15-20% in BTC value in last 2 days. Now I am in loss of 8% on my total crypto holdings.
We have seen in past that altcoins start pumping once Bitcoin pump becomes stable. After a dormant last day, BTC once again started growing. If this rally crosses $12,000 then I expect further fall in the value of altcoins. However, if it won't cross $12K then whales may switch to alts and we can see them growing instead.