Quote from: bryant.coleman on Today at 07:47:52 AM

Quote from: takngantuk on Today at 07:07:21 AM

yes, I hope bitcoin dominance can drop to 60%. This would be good not only for Litecoin but all the altcoins on the market would be affected. Currently LTC is in a good condition. and if bitcoin stops rising. This will be a great opportunity for Litecoin to return to ATH.

The current spike was resulted solely from Bitcoin and the altcoins don't have any role in the bull run. And this is the reason why the Bitcoin dominance rose from 57% to 68% in less than three months. I won't be surprised if the Bitcoin dominance increases to 80% or above in the next few months. Altcoins survived for so long, but their time is up. Users don't want to invest in coins without real usage.

what about altcoins like litecoin, monero, or ethereum. doesn't the coin have real use. so there is still hope for bitcoin dominance to fall. and what about the possibility of bitcoin sideaway or even stabilizing in the 23k price range for a long time. this also triggers the decline in bitcoin dominance, people will start to take profits and sell bitcoin. after that the trader will definitely choose a profitable altcoin. it is also unlikely that bitcoin will be in a rally for a very long time. There will definitely be times when BTC corrects. this moment can also cause the altcoins to rise.