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
.
point 1 has happened, still only some altcoins have increased, in my opinion after point 1 has passed, point 2 will definitely happen, just waiting for the right moment. So my advice is to prepare to buy at a low price when the market drops significantly later on1. 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
.