Post
Topic
Board Altcoin Discussion
Re: Money flowing out of BTC into Altcoins
by
kenelmark
on 30/05/2021, 21:26:49 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.

There has not been in history the price of Alt rising without being started by Bitcoin. YFI tried to do this, but it did not hold up well. What does it mean? The biggest opportunity is in Bitcoin.