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Author Topic: What should BTC Dominance be for the prices of altcoins to rise?  (Read 4030 times)

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #30 on: February 05, 2021, 06:59:07 PM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #30 on: February 05, 2021, 06:59:07 PM »

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #31 on: February 05, 2021, 08:46:49 PM »
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!

Offline zilzylian

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #32 on: February 05, 2021, 10:32:33 PM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #33 on: February 05, 2021, 11:36:02 PM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #34 on: February 05, 2021, 11:46:24 PM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #35 on: February 06, 2021, 03:58:15 AM »
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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Offline Azaleea

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #36 on: February 06, 2021, 05:36:17 AM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #36 on: February 06, 2021, 05:36:17 AM »


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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #37 on: February 13, 2022, 06:36:17 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.
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #38 on: February 13, 2022, 11:41:04 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?

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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #39 on: February 13, 2022, 11:43:15 PM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #40 on: February 14, 2022, 12:15:21 AM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #41 on: February 19, 2022, 03:03:51 AM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #42 on: February 19, 2022, 03:28:36 PM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #43 on: February 19, 2022, 04:20:52 PM »
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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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #44 on: February 20, 2022, 02:13:55 AM »
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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