How far can Bitcoin dominance go?

[joniboini]

I won't be surprised if Bitcoin's dominance stays at around the 50% mark in the near future, even if altcoins season happens. The number of shitcoins who will die when Bitcoin enters a bear market will easily reach hundreds if not thousands. I doubt even meme coins will be safe from that. When the market matures Bitcoin will stay as the priority investment regardless of trends. Hard to see it changes after 7 years of following the crypto market.

[martinex]

I won't be surprised if Bitcoin's dominance stays at around the 50% mark in the near future, even if altcoins season happens. The number of shitcoins who will die when Bitcoin enters a bear market will easily reach hundreds if not thousands. I doubt even meme coins will be safe from that. When the market matures Bitcoin will stay as the priority investment regardless of trends. Hard to see it changes after 7 years of following the crypto market.

That's right sir and many are still not aware of this and continue to bet on getting profit from their investment choices which are considered the most correct and can quickly turn their financial situation around.

[dekafee79]

I won't be surprised if Bitcoin's dominance stays at around the 50% mark in the near future, even if altcoins season happens. The number of shitcoins who will die when Bitcoin enters a bear market will easily reach hundreds if not thousands. I doubt even meme coins will be safe from that. When the market matures Bitcoin will stay as the priority investment regardless of trends. Hard to see it changes after 7 years of following the crypto market.

Bitcoin will always be a priority during the bearish season, because Bitcoin is the safest purchased at the time. Shitcoin will drop dramatically and even die, meme coins will also experience a drastic decrease during the bearish season.
 I always choose Bitcoin and Top 10 Coins to buy during the bearish season.

[Bobcrypto]

Many people may agree with me that Bitcoin dominance is the biggest challenge price to altcoins movements. It is on records that Bitcoin dominance has climbed from 38% to 59% since the FTX collapse and a clear sign that capital has been flowing heavily into Bitcoin while altcoins lag behind. The dominance surge shows Bitcoin resilience and investors preferences for safety over riskier assets. I think we may see Btc eat up market share, or is an altcoins season loading? What do you think?

Whenever the dominance of Bitcoin hit the peak value the price seems to be on the lower side so I want the dominance to be lower like around 40% means more capital is flowing into the whole market not just people swapping their crypto from one another.

I also share in your opinion about Bitcoin dominance lowering to a record low of 40%, and I think this is approximately the exact level of btc rates that can trigger the altcoins season.
As a matter facts, the lower the dominance rates, the better chances for altcoins to start a bullish trends, currently dominance rate look very high, standings at 59.87%, very high for the much anticipated altcoins season to commence.
I think that gradually, Btc rate will come low in near future, and i am predicting second quarter of 2025.

[Rubel007]

I won't be surprised if Bitcoin's dominance stays at around the 50% mark in the near future, even if altcoins season happens. The number of shitcoins who will die when Bitcoin enters a bear market will easily reach hundreds if not thousands. I doubt even meme coins will be safe from that. When the market matures Bitcoin will stay as the priority investment regardless of trends. Hard to see it changes after 7 years of following the crypto market.

Bitcoin will always be a priority during the bearish season, because Bitcoin is the safest purchased at the time. Shitcoin will drop dramatically and even die, meme coins will also experience a drastic decrease during the bearish season.
 I always choose Bitcoin and Top 10 Coins to buy during the bearish season.

This year seems different to me compared to other years. Normally, the picture we see in other years is that along with the increase in the price of Bitcoin, the price of altcoins increases. Or after the increase in the price of Bitcoin, the price of altcoins increases, but this year the price of altcoins is not increasing yet. Although there is no certainty that the market will be bearish yet. According to the probability, the price of Bitcoin is more likely to increase. However, in the long term, the shit coins are worthless. I will definitely use 80 percent of my portfolio to invest in Bitcoin for investment security and try to hold a small part of my investment in altcoins.

[UNIVERSE]

I won't be surprised if Bitcoin's dominance stays at around the 50% mark in the near future, even if altcoins season happens. The number of shitcoins who will die when Bitcoin enters a bear market will easily reach hundreds if not thousands. I doubt even meme coins will be safe from that. When the market matures Bitcoin will stay as the priority investment regardless of trends. Hard to see it changes after 7 years of following the crypto market.

Some people believe that altcoins season has started. Not sure that Bitcoin dominance will be 50% or above. Sure, there should be many shitcoins will be dead in the bearish season. That's why we don't hold a too long time for random altcoins. I'm starting to sell the random altcoins whatever the prices are. When the bearish season, the priority should be the top coins, including Bitcoin as the main priority.

[yohananaomi]

I won't be surprised if Bitcoin's dominance stays at around the 50% mark in the near future, even if altcoins season happens. The number of shitcoins who will die when Bitcoin enters a bear market will easily reach hundreds if not thousands. I doubt even meme coins will be safe from that. When the market matures Bitcoin will stay as the priority investment regardless of trends. Hard to see it changes after 7 years of following the crypto market.

Some people believe that altcoins season has started. Not sure that Bitcoin dominance will be 50% or above. Sure, there should be many shitcoins will be dead in the bearish season. That's why we don't hold a too long time for random altcoins. I'm starting to sell the random altcoins whatever the prices are. When the bearish season, the priority should be the top coins, including Bitcoin as the main priority.

Maybe what you said could be true, but looking at the chart on CMC this week, there are still many altcoins that are red and only a few are green. Even the potential ones are still red, so I think the altcoin season has not fully arrived.
It's true that if the situation is bearish, it is certain that many shitcoins cannot move to survive and will die by themselves.
If it has entered the bear season, of course, what you do is the best choice to be able to let go of what you have, because that is the best opportunity before it goes down and if it has gone down it is very good to buy again.

[bitterguy28]

Maybe what you said could be true, but looking at the chart on CMC this week, there are still many altcoins that are red and only a few are green. Even the potential ones are still red, so I think the altcoin season has not fully arrived.

bitcoin is not yet exactly going down anyway so i am not expecting people to start giving their attention and money towards altcoin and instead still focused on what can bitcoin do for the remaining days of the bull cycle

If it has entered the bear season, of course, what you do is the best choice to be able to let go of what you have, because that is the best opportunity before it goes down and if it has gone down it is very good to buy again.

the least thing we want is to miss out an opportunity to sell so even if it may be the highest we could sell it for, i just sold mine so that i do not worry if in case i get stuck with low prices and still many coins to hold

[Bobcrypto]

Given the excellent performance of the market as far as it is concerned, I believe that in the distant future its dominance could even reach 80%

Yeah, given the brilliant performance of the bitcoin bullish momentum, dominance rate may increase, though it may not move up to 80% as you said; remember that there are also demand for altcoins at intervals that should bring the dominance rate low.
I think it is impossible for an all time Bitcoin bull run in one year without altcoins up trends movements, though anything can happen on the crypto market.

[JISAN]

Many people may agree with me that Bitcoin dominance is the biggest challenge price to altcoins movements. It is on records that Bitcoin dominance has climbed from 38% to 59% since the FTX collapse and a clear sign that capital has been flowing heavily into Bitcoin while altcoins lag behind. The dominance surge shows Bitcoin resilience and investors preferences for safety over riskier assets. I think we may see Btc eat up market share, or is an altcoins season loading? What do you think?

When Bitcoin Dominance increases, there is more Bitcoin selling volume and Bitcoin investors move to Alts due to which the price of Altcoins increases at that time, starting the Alt Season.  However, this year's market conditions are behaving somewhat differently.  However, so far the price of Bitcoin is very high and the dominance is still not very visible.  So there is time to wait for a few more days to see Alt season.  If Bitcoin dominance increases then ETH price will see more gains and if ETH price crosses $3k then alts season will start.

[bayu7adi]

It's getting crazier, now BTC DOM is touching 61%, and even when we look at the current market crash, we still see that the safer, more attractive investment trend.. even though the memecoin storm is not over yet...

It's already February, after 11 months of BTC halving, we should start preparing to welcome the bearish period.. yes we have passed the bullish period, and BTC has also touched its ATH a few weeks ago... BTC dominance is still quite high, don't expect the altcoin season to come anytime soon... let's think realistically for now...

[omori]

It's getting crazier, now BTC DOM is touching 61%, and even when we look at the current market crash, we still see that the safer, more attractive investment trend.. even though the memecoin storm is not over yet...

It's already February, after 11 months of BTC halving, we should start preparing to welcome the bearish period.. yes we have passed the bullish period, and BTC has also touched its ATH a few weeks ago... BTC dominance is still quite high, don't expect the altcoin season to come anytime soon... let's think realistically for now...

What about MMs buying the price back?
I do think that maybe, just maybe - we may return at least to 100k in no time.

[yhiaali3]

I agree with you that Bitcoin dominance is the biggest challenge facing altcoins movements, usually when Bitcoin dominance rises, altcoins fall or stop and the opposite happens when Bitcoin dominance falls as some altcoins start moving and rising upwards.

But you should be aware that Bitcoin dominance decline does not mean that all altcoins rise, but this only applies to some of them, and it may also happen that Bitcoin and altcoins dominance decline at the same time.

[dave_strider]

I agree with you that Bitcoin dominance is the biggest challenge facing altcoins movements, usually when Bitcoin dominance rises, altcoins fall or stop and the opposite happens when Bitcoin dominance falls as some altcoins start moving and rising upwards.

But you should be aware that Bitcoin dominance decline does not mean that all altcoins rise, but this only applies to some of them, and it may also happen that Bitcoin and altcoins dominance decline at the same time.

Anyways, we can forget about them rising with BTC falling and falling down to 80k, approximately.
Because most of the big caps do follow it, in fact.

[taufik123]

-snip-
But you should be aware that Bitcoin dominance decline does not mean that all altcoins rise, but this only applies to some of them, and it may also happen that Bitcoin and altcoins dominance decline at the same time.

Only altcoins that have strong support from the community and good developers can perform price recovery when Bitcoin Dominance falls.
But the decline in Dominance will also take place gradually.

Altcoins that are just pump dump projects will not go up and will only become garbage, so choose the top altcoins with ongoing development and a strong community.