Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: exgoal on January 04, 2021, 01:38:06 PM
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Dear forum members;
As long as bitcoin dominance is high, I don't expect altcoin prices to rise.
My opinion is that Altcoin prices can go up when BTC dominance drops to 63-64% levels.
** What do you guys think?
** When is the right time to invest in altcoin?
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Dear forum members;
As long as bitcoin dominance is high, I don't expect altcoin prices to rise.
My opinion is that Altcoin prices can go up when BTC dominance drops to 63-64% levels.
** What do you guys think?
** When is the right time to invest in altcoin?
Most likely, only after Bitcoin reaches another maximum, which is predicted to be at $ 50,000 in 2021, many investors will start investing their Bitcoin in other cryptocurrencies, as well as promising new projects. It is at that moment that there will be a wave of growth for altcoin.
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Dear forum members;
As long as bitcoin dominance is high, I don't expect altcoin prices to rise.
My opinion is that Altcoin prices can go up when BTC dominance drops to 63-64% levels.
** What do you guys think?
** When is the right time to invest in altcoin?
I agree with you. Currently the Bitcoin price is relatively high and stable. His condition made it difficult for everyone's eyes to turn to the others. But my prediction, there is a coin heyday in every era. Altcoins will one day have the same fate as bitcoin...
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Dear forum members;
As long as bitcoin dominance is high, I don't expect altcoin prices to rise.
My opinion is that Altcoin prices can go up when BTC dominance drops to 63-64% levels.
** What do you guys think?
** When is the right time to invest in altcoin?
You just missed those deeps in March but ATH`s are not reached yet. Still plenty of space left for you to start researching and pick some valuable and very promising coins.
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Dear forum members;
As long as bitcoin dominance is high, I don't expect altcoin prices to rise.
My opinion is that Altcoin prices can go up when BTC dominance drops to 63-64% levels.
** What do you guys think?
** When is the right time to invest in altcoin?
Altcoins price will still be dependent on Bitcoin maybe try to check charts. When Bitcoin's price fall, altcoin starts bleeding until it follows on every moves like the domino effect. Ethereum is an example here wherein it is dependent on the price of Bitcoin on the other hand ERC20 tokens depends on both that is why investing in altcoins will make you think whether it is the right time or wait just by studying the movement of Bitcoin.
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Dear forum members;
As long as bitcoin dominance is high, I don't expect altcoin prices to rise.
My opinion is that Altcoin prices can go up when BTC dominance drops to 63-64% levels.
** What do you guys think?
** When is the right time to invest in altcoin?
What I have understood from the past until now, the price of bitcoin has always been a barometer of other alternative coins. Like it or not, in fact that's what happened. So that the trend, the fluctuation goes hand in hand
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Dear forum members;
As long as bitcoin dominance is high, I don't expect altcoin prices to rise.
My opinion is that Altcoin prices can go up when BTC dominance drops to 63-64% levels.
** What do you guys think?
** When is the right time to invest in altcoin?
I don't understand your calculation of the altcoin price that will go up if the BTC price drops to 63% -64%. Where do you get that logic? Please explain so that I can understand it
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In any case, today it is Bitcoin that looks like the most profitable cryptocurrency asset for investment. it can be assumed that after a certain time, users who will make a good profit from bitcoin will invest these funds in altcoin. only in this case altcoin will rise in price, but there is no talk of a fall in Bitcoin prices.
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I think altcoins will start growing soon. Some altcoins are already showing this in the market. So I think it's not long before the altcoin bull run.
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In general, it is so. Bitcoin's high price dominance is driven by an almost 70 percent market cap. However, as we see now, with a high level of capitalization of bitcoin, in general, altcoins also grow in price, and the most promising of them even have significant growth. With a fall in the price of bitcoin and a simultaneous decrease in its capitalization and level of dominance, altcoins also experienced a price drop, but if the dominance drops too low, promising altcoins grow.
I think that in general, decentralized cryptocurrencies are not characterized by a rigid price dominance of their individual types. At a more mature stage in the development of the cryptocurrency market, there should be no price dominance of individual cryptocurrencies.
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Commonly, if the price of Bitcoin is rising in a bullish market, the altcoins will not increase significantly. Only limited to some coins that will be increasing. However, if BTC is sideways, it is the time for altcoins to increase and have their altcoin seasons
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Commonly, if the price of Bitcoin is rising in a bullish market, the altcoins will not increase significantly. Only limited to some coins that will be increasing. However, if BTC is sideways, it is the time for altcoins to increase and have their altcoin seasons
Yes you are right, If bitcoin is sideways I think we will see the altcoin season.. I have read many big brothers have predicted The altcoin season will happen arriving march or April this year. I hope It will come true.
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The way Bitcoin is currently rising may cross 50,000 dollars in just a few weeks. But I have a number of Altcoin tokens whose prices are rising. There are many shit coins in which no one is investing so the price of those coins has come down. But the price of all the coins that have high quality coins is increasing a lot.
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Dear forum members;
As long as bitcoin dominance is high, I don't expect altcoin prices to rise.
My opinion is that Altcoin prices can go up when BTC dominance drops to 63-64% levels.
** What do you guys think?
** When is the right time to invest in altcoin?
Most likely, only after Bitcoin reaches another maximum, which is predicted to be at $ 50,000 in 2021, many investors will start investing their Bitcoin in other cryptocurrencies, as well as promising new projects. It is at that moment that there will be a wave of growth for altcoin.
It is right. That is the very reason why altcoins are not yet having the bull run stage it did not also in the bearish condition if we are going to check the altcoins market. Since this is the current situation It is clear that the one who have decent passive income are traders.
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Altcoin season will occur when bitcoin dominance is below 50, while bitcoin dominance today is still 69, so it's still a long time in my opinion.
(https://www.tradingview.com/x/GwP8T8Ep/)
Meanwhile, the right time to buy altcoins is today, because if you wait for the altcoin season to come then the altcoin price has gone up very high.
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Thanks to Bitcoin, altcoins are continuously increasing. Bitcon's future slump has come to a stage, but the future of bitcon is still dominated by the big players, so the price of bitcoin can not waver. The long-term investment future for bitcoin is opening up for investors
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Bitcoin is always the king of altcoins. when bitcoin increases, all altcoins increase and when bitcoin falls, other altcoins also slide, so bitcoin is always the focus of altcoins. The future of altcoins depends on Bitcoin
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Bitcoin dominance increased. At present it is decreasing a bit. No reason to despair. Will be in a better position in the future. china yuan will arrive on the market to help bitcoin currency. Will be coming to market very soon. Cryptocurrency users will enjoy more benefits by transacting.
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Currently when the price of Bitcoin goes down, it turns out that the price of altcoins is also decreasing. And this does show that altcoins are still far behind Bitcoin. Because these altcoins haven't had the chance to go up as crazy as Bitcoin.
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We should not be worried about the Bitcoin dominance because for me the more the Bitcoin price become more expensive is the more it become more expensive to purchase specially by the small time investors making them to switch to Altcoins investments which is much cheaper to purchase.
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We should not be worried about the Bitcoin dominance because for me the more the Bitcoin price become more expensive is the more it become more expensive to purchase specially by the small time investors making them to switch to Altcoins investments which is much cheaper to purchase.
You have to worry about bitcoin dominance, because bitcoin dominance is the key the altcoin season will begin, if bitcoin dominance remains high above 60, altcoins that use bitcoin pairs will fall deeper, especially coins that do not have liquidity, the price will be correction because there is no market demand.
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You have to worry about bitcoin dominance, because bitcoin dominance is the key the altcoin season will begin, if bitcoin dominance remains high above 60, altcoins that use bitcoin pairs will fall deeper, especially coins that do not have liquidity, the price will be correction because there is no market demand.
but indeed this is the time for altcoins to start moving because of last year's dominance of bitcoin so that there was no time for altcoins to keep up with the very fast movement of Bitcoin.
although bitcoin will still experience an increase, but ATH altcoin will be formed this year, my hope is also other colleagues who hope the bounty can be excited about the increase in altcoins.
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In addition to a fall in the level of dominance, in order for altcoins to grow well in price, it is necessary for bitcoin to stabilize for a while in price growth and capital begin to flow into altcoins.
Of course, even now, individual altcoins are growing well in price, but this cannot yet be called the season of altcoins.
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In addition to a fall in the level of dominance, in order for altcoins to grow well in price, it is necessary for bitcoin to stabilize for a while in price growth and capital begin to flow into altcoins.
Of course, even now, individual altcoins are growing well in price, but this cannot yet be called the season of altcoins.
I think it can be an alternative solution to rapidly increasing altcoin prices. Institutional investors can easily play it. The price of bitcoin is stabilized within a certain range, then some of the funds are used to buy altcoins to boost its popularity ..
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I think Bitcoin is the main coin in crypto history. Meanwhile, altcoins are complementary. So indeed both of them complement each other. And if Bitcoin continues to increase then just wait for the altcoins to experience the same thing.
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I believe that whenever the price of Bitcoin exceeds $40K the price of all Alert Coin tokens will increase. Now we can see that not only the price of Bitcoin and Ethereum is increasing but the price of all coins is also developing now. But whenever we see the price of Bitcoin drop to $50K then the price of all other coins or all of Alert Coins will double.
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In addition to a fall in the level of dominance, in order for altcoins to grow well in price, it is necessary for bitcoin to stabilize for a while in price growth and capital begin to flow into altcoins.
Of course, even now, individual altcoins are growing well in price, but this cannot yet be called the season of altcoins.
How many roads must a man walk down
Before you call him a man?
How many seas must a white dove sail
Before she sleeps in the sand?
Yes, and how many times must the cannonballs fly
Before they're forever banned?
And how many months does an altcoin have to fly before you call it altcoin season?
The answer, my friend, is blowin' in the wind
The answer is blowin' in the wind
Bob Ferki Dylan
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Now the Altcoin is booming and going up, BTC dominance is slowly decreasing. This is understandable because when BTC is going sideways above 30K USD, capital will go to Altcoin as well. An Altcoin season is forecast to last until BTCD is only 30%, currently 60%, so the Altcoin season seems to have just begun.
63-64% as you say is quite high during Altcoins season.
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If I am not mistaken, last year the dominance of bitcoin was often about 70 percent or even more, but still altcoins in the past year were constantly growing in price, now the dominance of bitcoin is 60 percent and altcoins are also growing very well in price, of course I think the less bitcoin dominance the better for altcoins.
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Thank you very much brother because you have created a very valuable post among us BTC has dominated to increase the price of wet coins. This topic has been very useful for those of us who are new members. Because I had no idea about it.
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The tokens that are currently gaining the most value are the alert coin tokens. As the price of Bitcoin is increasing at present, it is seen that the price of Alert Coins is increasing a lot. I believe that in a few days the future of alert coins will go much further as the price of alert comments is increasing.
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Maybe around %20 or less than, I really do not have any idea but last time I read that btc dominance is over %60 which u presume is a lot and definitely suppressing the growth of alts,
People keep saying btc dominance I is top high reason why alts are not moving but i see some alts performing well irrespective of btc dominance, why are they not affected!
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Invest in altcoins now, before you see the new ATH hit, bitcoin hit a high in January and I think if you have Bitcoin you can trade then buy altcoins to trade or hold for any length of time you want because Bitcoin and altcoin market cap is growing all the time
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It may really increase if the Bitcoin price is going sideways. However, right now, many altcoins are also increasing if it is compared to the condition of the market. So far, I don't find any big dominance to altcoins, and they are still preparing themselves to face the next bullrun of altcoins
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The truth: when Bitcoin is in a sideways, altcoin prices will be growing gradually. I think we cannot avoid the fact that Bitcoin price dominates the crypto market and bring a big influence on altcoin prices. I don't think so if Bitcoin drops, then the price of altcoins will increase soon.
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Because the enthusiasts for Bitcoin are so big, it is no wonder that Bitcoin dominates the market, and indeed this is very comparable to what Bitcoin has achieved.
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The truth: when Bitcoin is in a sideways, altcoin prices will be growing gradually. I think we cannot avoid the fact that Bitcoin price dominates the crypto market and bring a big influence on altcoin prices. I don't think so if Bitcoin drops, then the price of altcoins will increase soon.
I agree with your opinion. Indeed, sometimes there is a correlation that influences bitcoin and altcoin. But everything goes by itself, and not a conceptualized system. Maybe later if there are institutional investors who focus on buying altcoins that can change everything
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Altcoin season will occur when bitcoin dominance is below 50, while bitcoin dominance today is still 69, so it's still a long time in my opinion.
(https://www.tradingview.com/x/GwP8T8Ep/)
Meanwhile, the right time to buy altcoins is today, because if you wait for the altcoin season to come then the altcoin price has gone up very high.
Bitcoin has had a capitalization and price dominance level of 40 percent for a long time. But the price of altcoins does not grow significantly, and if it does, then there are other reasons for this. Apparently, the rise in the price of altcoins has little to do with the level of capitalization of bitcoin and its price dominance. Here, its price and the direction of the price movement of the market play a greater role.
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Dear forum members;
As long as bitcoin dominance is high, I don't expect altcoin prices to rise.
My opinion is that Altcoin prices can go up when BTC dominance drops to 63-64% levels.
** What do you guys think?
** When is the right time to invest in altcoin?
Bitcoin is the king of crypto currency, I think It's the reason why bitcoin will always dominant and can't be replaced
Altcoins are just follower and will be affected by bitcoin price.
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Altcoins/Bitcoins will increase when BTC.D drops, so normally the altseason will come when BTC drops below 40. Currently BTC.D is 43 when BTC has had a recovery from 32K to 43K. I hope in Q2 BTC.D will drop to 35 and we will welcome a new altseason.
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It is not only the factor to influence altcoins prices. There are many altcoins that can increase although BTC is still dominant in the market. Some altcoins rely on the progress of their project or product to increase their values. So, the dominance of Bitcoin may influence a bit to the prices of the altcoins.
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Bitcoin must be in a price that does not change to an extreme in its decline and increase in price so as to make traders not panic to trade it so that altcoins are better for continuing to be traded and invested in various platforms.
But for Bitcoin price changes it is certain for traders and it is absolutely impossible if Bitcoin price is stable at a certain price rate, for example Bitcoin's ups and downs are around 40,000-45,000 USD, because at one time Bitcoin might drop sharply to a price of 25,000 USD.
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It is not only the factor to influence altcoins prices. There are many altcoins that can increase although BTC is still dominant in the market. Some altcoins rely on the progress of their project or product to increase their values. So, the dominance of Bitcoin may influence a bit to the prices of the altcoins.
I think dominance of bitcoin is decreasing now.
Because there's several coins that still pump when bitcoin dump
But not much.
I personally prefer invest in bitcoin, Ethereum and BNB, because more safe.
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Some altcoins rely on the progress of their project or product to increase their values. So, the dominance of Bitcoin may influence a bit to the prices of the altcoins.
That's right, Many Altcoin projects have increased prices because of the quality of the project so many investors invest in large amounts thereby increasing the price of the Altcoin without having to wait for the Bitcoin price to rise.
But because Bitcoin is the main coin in Crypto, it is more or less definitely a lot of Altcoins that depend on Bitcoin.
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Some altcoins rely on the progress of their project or product to increase their values. So, the dominance of Bitcoin may influence a bit to the prices of the altcoins.
That's right, Many Altcoin projects have increased prices because of the quality of the project so many investors invest in large amounts thereby increasing the price of the Altcoin without having to wait for the Bitcoin price to rise.
But because Bitcoin is the main coin in Crypto, it is more or less definitely a lot of Altcoins that depend on Bitcoin.
I have read many opinion form member here
I think bitcoin dominance is decreasing, because there are many potential altcoin that done good work.
More altcoins that have better technology than bitcoin.
So let's see, until now bitcoin is still the King, but I predict will be replaced by altcoins at the coming years.
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I have read many opinion form member here
I think bitcoin dominance is decreasing, because there are many potential altcoin that done good work.
More altcoins that have better technology than bitcoin.
So let's see, until now bitcoin is still the King, but I predict will be replaced by altcoins at the coming years.
Yeah,
Bitcoin is still the King of crypto currency mate, Although the bitcoin domination is decreasing, Almost all of crypto currency always depending on bitcoin progress.
When bitcoin pumps, We all see altcoin follow to pump.
that's the fact, maybe will change when there is potential altcoin that replace bitcoin at the coming future.
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Some altcoins rely on the progress of their project or product to increase their values. So, the dominance of Bitcoin may influence a bit to the prices of the altcoins.
That's right, Many Altcoin projects have increased prices because of the quality of the project so many investors invest in large amounts thereby increasing the price of the Altcoin without having to wait for the Bitcoin price to rise.
But because Bitcoin is the main coin in Crypto, it is more or less definitely a lot of Altcoins that depend on Bitcoin.
I have read many opinion form member here
I think bitcoin dominance is decreasing, because there are many potential altcoin that done good work.
More altcoins that have better technology than bitcoin.
So let's see, until now bitcoin is still the King, but I predict will be replaced by altcoins at the coming years.
The longer bitcoin dominates the crypto money market. In recent days, all altcoins are seeing selling pressure as soon as btc pulls back. Since Bitcoin is the first crypto currency, this dominance continues for many years. There is still no altcoin that can break this situation.
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** When is the right time to invest in altcoin?
If we want to invest in Altcoins, then we must first pay attention to the movement of the Altcoins. When the price drops, that's the right time to enter, don't rush and have to be patient.
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I think when btc start to bull run and stay in a acceptable position like 60K up then altcoins bull market will begin. Last year we also see the same position. So if you want to look the Alta bull market then wait for btc market. As alt coins depend on bitcoin. I think we will get another bull market with in few months.
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As long as the dominance of BTC is above 50% it is enough for the altcoins to rise in price, it is normal, if the altcoins respond directly to the movements of BTC, this gives as a consequence that when BTC is in its Bulllish trend it It is safer that all the altcoins recover and take great prices, this is something that has always been fulfilled, just remember that in 2017 this scenario occurred and the market was totally green.
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As long as the dominance of BTC is above 50% it is enough for the altcoins to rise in price, it is normal, if the altcoins respond directly to the movements of BTC, this gives as a consequence that when BTC is in its Bulllish trend it It is safer that all the altcoins recover and take great prices, this is something that has always been fulfilled, just remember that in 2017 this scenario occurred and the market was totally green.
It's the reason why bitcoin is always be the king of crypto currency, because bitcoin dominant will effect altcoin to rise.
If you said above 50%, I think I'm agree.
Bitcoin pump, we will see altcoin will rise
this is a habit that has been going on for a long time.
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Depending on the price of Bitcoin itself, even though the trading volume of Bitcoin is up to 63% in dominance, if the market is red, then all altcoins will turn red or go down.
Believe it or not, that's the proof, when Altcoins want to run, it's very, very difficult if Bitcoin is the one that gives red hope or goes down, just enjoy it because this is a cryptocurrency!
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Depending on the price of Bitcoin itself, even though the trading volume of Bitcoin is up to 63% in dominance, if the market is red, then all altcoins will turn red or go down.
Believe it or not, that's the proof, when Altcoins want to run, it's very, very difficult if Bitcoin is the one that gives red hope or goes down, just enjoy it because this is a cryptocurrency!
You're right bitcoin progress will effect almost all of altcoins.
When bitcoin red, altcoins will red.
As you said the trading volume of bitcoin is up to 63%, it will always have big effect to other coins
Bitcoin is the King of crypto currency, and altcoins are just follower.
We know it.
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I think when btc start to bull run and stay in a acceptable position like 60K up then altcoins bull market will begin. Last year we also see the same position. So if you want to look the Alta bull market then wait for btc market. As alt coins depend on bitcoin. I think we will get another bull market with in few months.
Most likely, dominance comes from how high the volume of buying and selling bitcoin is. This pushes the BTC rate forward. Then there is a pump of top cryptocurrencies.
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I think when btc start to bull run and stay in a acceptable position like 60K up then altcoins bull market will begin. Last year we also see the same position. So if you want to look the Alta bull market then wait for btc market. As alt coins depend on bitcoin. I think we will get another bull market with in few months.
Most likely, dominance comes from how high the volume of buying and selling bitcoin is. This pushes the BTC rate forward. Then there is a pump of top cryptocurrencies.
Well when bitcoin pump and dominant at market , I think altcoin will pump too.
That's the fact.
We always see bitcoin is always be the trend.
People believe bitcoin more than altcoin.
Bitcoin trading volume when pump and maybe more 60% at market, altcoin will green.
It's the reason why bitcoin is the King of crypto currency.
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It can be said like that too because if Bitcoin dominates the market then it is certain that this kind of thing can have an effect on altcoins and it will definitely decrease in price because all markets are focused on Bitcoin.
Altcoins will also succumb if the market dominance of Bitcoin increases, so it is easy and simple for the strength of altcoins to be the best of all so that they are not too dependent on Bitcoin trading dominance.