Re: BTC Dominance increases again and what happened to altcoin?
today we see BTC Dominance increase to 61.9% and this gives us two possibilities, that is :
1. we will see the price of BTC will make its new ATH price and after the price of BTC makes a new ATH price, then there will be an altseason (bull run for altcoin)
2. after the bull run in Bitcoin (Bitcoin price increased very high and created a new ATH price), then what happens next is the market experiences a bear run (the price of altcoin goes down)
then what do you think will happen? and if I personally hope point 1 will happen
.
At this point of time i do not think it is wise to discuss bears qs this whole year is expected to be bullish not only for bitcoin but altcoins as well and all good projects will moon it is just a matter of time just stay positive.1. we will see the price of BTC will make its new ATH price and after the price of BTC makes a new ATH price, then there will be an altseason (bull run for altcoin)
2. after the bull run in Bitcoin (Bitcoin price increased very high and created a new ATH price), then what happens next is the market experiences a bear run (the price of altcoin goes down)
then what do you think will happen? and if I personally hope point 1 will happen
.