I'm just wondering whether BTC has hit it's peak for this cycle. It's been trading sidesways 55k-60k for the last 2 months
while altcoins have rallied. From historical perspective, for those were in it in 2017, did bitcoin ever regain it's dominance after
altcoin season began. I guess what i'm asking is whether I should liquidate my bitcoin position and chase altcoins or whether
there is more room for BTC to go this year.
We could see bigger rally on altcoin very soon. ETH price made new ATH every month and BTC dominance decreased. Similar things happened in 2017. BTC dominance decreased and ETH rallied. After that many altcoins made 500-800% in few days. I am expecting similar things to happen this time too. It will be better to stay with only top alts.