Looking at the cryptocurrency market it is obvious that all other coins are bitcoin dependent. When the market for bitcoin goes up, the price of all other coins goes up. If the bitcoin market collapses again In the coins There is a big change in the price.
I agree, but its a chance that this thing will be changed in the future it Bitcoin lost of the domination in the crypto market.
I think its possible since many altcoin rightnow have great position in the market with their own investor that believe on the fundamentals of the altcoin.
I severely doubt that Bitcoin will ever lose its dominance in the market. The only little realistic chance I see is for Ethereum to ever become bigger than Bitcoin, but even that I doubt. The dominance might decline, that is quite possible, but that has nothing to do with Bitcoin becoming bigger, but rather with the number of coins joining the market and also catching a share of the total money invested. We are already at more than 10000 coins and Bitcoin is still doing very well, which is a strong sign.