Bitcoin Dominance Predictions?

[Alcor]

I predict that Bitcoin dominance will drop even lower. Till the level of 35%, and Ethereum will continue increasing dominance. It is already 20%. As well as we still havent seen altcoin season this year. December has been always good month for Bitcoin, but it looks that this December is going to be special and we see raising dominance of all others.

It looks like it will. Over the past few years, when altcoins began to develop very quickly and draw on investment capital, the percentage of bitcoin dominance began to steadily fall and now stands at 40.5 percent. At the same time, even now, when ethereum has big problems with high transaction fees, the percentage of dominance of this coin has reached 21.4 percent. Given the pace of development of altcoins, it can be said that the percentage of Bitcoin dominance, if it does not improve its scaling performance and high transaction fees, will steadily fall until it loses its price dominance over the rest of the cryptocurrency.

[therozaq]

Well, I think your prediction is quite correct because currently the price of bitcoin is collapsing again, hopefully you can recover the bitcoin market because if it's not like that then many traders are stuck in high prices, bitcoin price movements are the reference for all cryptocurrency prices, when bitcoin collapses then has a negative impact on the prices of other cryptocurrencies.

The current bitcoin price is collapse because It's bearish season.
That's normal.
But I believe It will recover again soon.
Bitcoin and altcoins will have several bullish at this year, so If you have money let's buy the dip and hold for long term investment.
Maybe until  2024 or 2025.
That's my way for long term.

[mlawson71]

I am not sure anything normal is happening at the moment. And I fear what other crises in the market we will see in the coming days.

[royalfestus]

The dominance of Bitcoin is bound to increase in the bearish market that will dump most of the altcoins but we now have more stable coin , also  ethereum and Binance are likely to join BTC as SOV, They might have ability to prevent the 90% price dump because of the interest in institutions and longer Hold

[DAMKAR]

The dominance of Bitcoin is bound to increase in the bearish market that will dump most of the altcoins but we now have more stable coin , also  ethereum and Binance are likely to join BTC as SOV, They might have ability to prevent the 90% price dump because of the interest in institutions and longer Hold

agreed, I think bitcoin , Ethereum, and binance will dominance at bearish season.
People prefer invest on top three coin to keep their assets , because they believed those coins won't dump more 90%.
But be careful, if you want but top three coins, better buy when big dip.
Wait the dump until bottom.

[pacar_tiri]

Well, I think your prediction is quite correct because currently the price of bitcoin is collapsing again, hopefully you can recover the bitcoin market because if it's not like that then many traders are stuck in high prices, bitcoin price movements are the reference for all cryptocurrency prices, when bitcoin collapses then has a negative impact on the prices of other cryptocurrencies.

Bitcoin is going up again now, crypto market seems potential to pump.
We will see bitcoin reach around 45-50K USD at this month.
But it's just prediction.
I think bitcoin and altcoin will show good performance , because bitcoin still dominant.
Bitcoin dominance will never be replaced by other.

[elbans89]

bitcoin domination  will decrease and will be replaced by potential altcoin at the coming future.
But it will take along years again.

[KryptoBull]

I think BTC.D can hit 60% this crypto winter. Creating a new peak of 70%-80% is too difficult when the market already has many large ecosystems such as Ethereum, BSC, Solana, Avalanche, NEAR, Polkadot...
I will return to the market when BTC.D is above 50%.

[Senin]

The dominance of Bitcoin is bound to increase in the bearish market that will dump most of the altcoins but we now have more stable coin , also  ethereum and Binance are likely to join BTC as SOV, They might have ability to prevent the 90% price dump because of the interest in institutions and longer Hold

During the bear season, bitcoin's dominance in percentage increases due to the previous large capitalization compared to other altcoins. But the general process in the cryptocurrency market does not change this. In general, the dominance of bitcoin will inevitably decrease over time, since, in addition to the general functions of the coin, it no longer has any useful functions.

[Abdulcrypto784]

I think this time period is not good for bitcoin but with the passage of time situation will be different and bitcoin once again will go rise in the market

[mahadev]

Btc Dominance is around 45 percent guys.  I have never thought that it will fall below 40 percent but seems it will fall. What do you think for prediction for the  btc dominance in May? Its effect on altcoins in general?

Bitcoin domination will decrease, because there are several potential altcoin.
It's competition  between bitcoin and altcoin.
I think at the coming future there will be the next potential altcoin that replace bitcoin.

[yetti]

Btc Dominance is around 45 percent guys.  I have never thought that it will fall below 40 percent but seems it will fall. What do you think for prediction for the  btc dominance in May? Its effect on altcoins in general?

to predict bitcoin price movements in any way it will be very difficult to happen, all the possibilities that exist in bitcoin can happen whatever it is, currently the circulation of bitcoin that has reached the maximum limit point can make bitcoin prices very expensive or can make the price collapse instantly not anyone knows, it's just that if you think logically it should be more difficult to get bitcoin then it has the potential to be very expensive one day.

[lepbagong]

I think this time period is not good for bitcoin but with the passage of time situation will be different and bitcoin once again will go rise in the market

at this time and since entering the beginning of 2022 bitcoin has looked like it doesn't want to move to increase and stopped at a price just like that, finally it happened that bitcoin could correct below $25K and this is very extraordinary, but hopefully it doesn't fall below $15K.

you are right that the halving period is when bitcoin will return to its peak, so there is no need to worry that bitcoin will be able to shine again in time. That's why many are now looking for opportunities to buy and hold them.

[Zezari]

Bitcoin is a project that is popular and its popularity is growing every day, it has been and will dominate the cryptocurrency market and its price will only grow due to the decline of coins.

[rizqillah]

Btc Dominance is around 45 percent guys.  I have never thought that it will fall below 40 percent but seems it will fall. What do you think for prediction for the  btc dominance in May? Its effect on altcoins in general?

agreed with opinions above, bitcoin domination will decrease because we will see many potential altcoins will compete to bitcoin.
It's good because we have many chances to invest