Post
Topic
Board Altcoin Discussion
Re: May Altcoin have chance to rally even if Bitcoin dominance is below 70%?
by
livingfree
on 21/09/2019, 18:31:42 UTC
If Bitcoin Dominance is Below 70%, And Altcoin is back to a sideway trend did you think that the Altcoin may have a chance if not reclaim the number 1 slot which is not gonna happen, but in just having a fighting chance in the market of cryptocurrency to still increase in value in spite the value of Bitcoin not going any where what can you guys say about this?

https://news.u.today/news/top-3-price-predictions-btc-eth-xrp-bitcoins-dominance-is-below-70-altcoins-are-back-to-a
Well that usually what happens. If bitcoin dominance decreases, the alts are taking the chance and they are recovering from the massive ups that bitcoin did to them. The money that once flowed to bitcoin will start now coming in to altcoins.

That's pattern that least we can started. If dominance of bitcoin drops, alts value and price increases and if it rises, alts goes down. But it doesn't mean that every alt can do the same of recovery, some can't go up already as they were abandoned and totally out of their normal value.