Quote from: HyunBin on Today at 01:08:47 AM

Quote from: Cointalk83 on May 06, 2021, 07:59:47 PM

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.

Seeing that bitcoin price goes sideways and more money flowing in altcoins is an indicator that we are really in the altcoin season. Also, another factor for us to say that we are in the alt season is the bitcoin dominance which dropped already in less than 50%.

That could be true. BTC is almost dormant for awhile even when there are many news regarding banks and celebrities having red laser eyes these days.
We now can see a significant rise of altcoins doubling their price since last month. YFI is the most profitable today as it reaches up to $88k. There are coins getting nuts however because I don't see any reason why some shitcoins are also appearing like there are traders investing in it.