Post
Topic
Board Altcoin Discussion
Re: Money flowing out of BTC into Altcoins
by
yua_na
on 20/05/2021, 17:26:16 UTC
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.

The dominance decreas because of this and i think yesterday crash is the end of the dominance decreasing. Now we will see bitcoin dominance will be back at least to 50% of whole marketcap, and we can see bitcoin break its new ATH.