BTC market capitalisation is currently at ~45%
Historically BTC market capitalisation has reached up to ~60% in bear markets
What does this means for ALTS?
Relative to BTC altcoins will be loosing value, the market capitalisation of BTC has only increased 5%, imagine another 15%?
Please note that market capitalisation of BTC always increases in a bear market after drastic moves - it's now clear we are in a bearish trend and capitalisation has broken out (check trading view charts) so stay diligent.