In the past, altcoins have enjoyed immense gains during altseasons. Well this happens only if there is Bitcoin dominance... And I believe there are two types of principles to follow them
* Bitcoin dominance Increases when more and more people buy and simply hold BTC.
* Bitcoin dominance decreases when more and more people sell BTC.
So altcoins fate is purely depend on BTCs price reaction or altcoins are independent???guys please share your thoughts on this.
I always thought that Bitcoin price always affected the whole market. For a long time, whales have been hailing about bitcoin to increase the value of Bitcoin and it's a tradition of the crypto market. Bitcoin has always been a valuable asset and it will affect the entire coin market as it moves. This game is for whales to create and whales have chosen Bitcoin as the coin that can manipulate the whole market. This is the rule and if anyone thinks otherwise, it is hard to make a profit in this market.