Considering there are thousands of coins and tokens out there, what sort of dominance should Bitcoin have which shows that even though it remains the dominant force there is still a lot of space for others to narrow the gap?
Currently the BTC Dominance according to CMC is: 62.6%
In my opinion, the ideal situation for bitcoin dominance in the market is around 30-35%. If the dominance of bitcoin is still above 50%, many new projects will be difficult to survive because they have been abandoned by their investors. With a dominance of 30-35% but the market value of the cryptocurrency market cap is at 1 trillion dollars, then the price of bitcoin will not change much from the current price, maybe even be in the range of $ 20k