I have been observing the market and I see that BTC dominance is breaking.
Despite the price of BTC is dropping, and I can see that altcoins like solana is holding quite well and just dropped a little.
Could this be the start of altcoin season? Maybe BTC dominance over the market will continue to drop.
What do you think?
The fall of bitcoin price in the meantime doesn't make it lost it influential dominance. Bitcoin and every other cryptocurrencies is volatile and price fluctuations is part of it potential despites it has the potential of increments.
Check on
https://bitinfocharts.com/ to see bitcoin and the Cryptocurrencies market performance and community adoption volume. AltCoins are just nothing without bitcoin because they derives their market behaviour from the bitcoin. Then I'll say I don't even realize any season recommended for AltCoins because they can't do it their own. Moreover, investors invests major values in bitcoin while AltCoins is alternative meaning it's less adoption rate to be compared to bitcoin.