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
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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
.everyone would expect point 1 to happen soon on the market exchange. because many people only hold altcoins rather than bitcoins. and I also believe that in the middle of this year it will be a good trend for altcoins. there will be altcoins following bitcoin's footsteps to the moon. so please buy some bitcoins from now on to get profit in the future.