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Author Topic: What should BTC Dominance be for the prices of altcoins to rise?  (Read 4032 times)

Offline exgoal

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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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #1 on: January 04, 2021, 02:02:43 PM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #2 on: January 05, 2021, 03:44:43 PM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #3 on: January 05, 2021, 04:17:09 PM »
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.
« Last Edit: January 08, 2021, 05:55:36 PM by Ferki »

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #4 on: January 05, 2021, 04:31:03 PM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #5 on: January 05, 2021, 05:05:13 PM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #6 on: January 08, 2021, 04:02:06 PM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #6 on: January 08, 2021, 04:02:06 PM »


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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #7 on: January 08, 2021, 05:02:40 PM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #8 on: January 09, 2021, 01:56:21 PM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #9 on: January 10, 2021, 07:56:25 AM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #10 on: January 10, 2021, 11:40:41 PM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #11 on: January 11, 2021, 01:09:48 AM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #12 on: January 11, 2021, 02:19:16 AM »
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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Offline Pheonyx

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #13 on: January 11, 2021, 03:44:12 AM »
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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Offline ayatoslaw

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #14 on: January 12, 2021, 04:17:56 AM »
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.



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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