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Author Topic: May Altcoin have chance to rally even if Bitcoin dominance is below 70%?  (Read 542 times)
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September 21, 2019, 03:07:32 PM
Merited by YuginKadoya (2)
 #1

If Bitcoin Dominance is Below 70%, And Altcoin is back to a sideway trend did you think that the Altcoin may have a chance if not reclaim the number 1 slot which is not gonna happen, but in just having a fighting chance in the market of cryptocurrency to still increase in value in spite the value of Bitcoin not going any where what can you guys say about this?

https://news.u.today/news/top-3-price-predictions-btc-eth-xrp-bitcoins-dominance-is-below-70-altcoins-are-back-to-a
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September 21, 2019, 03:49:53 PM
 #2

Well, Maybe Altcoin will have its chance but even a slight increase can be appreciated I am holding ETH and XRP as well so if this 2 coins might increase its price then it will be OK with me, but as you have said it will not going to surpassed Bitcoin whatever the edge they had but for a change I think this is OK as long as I got profit along the way, ETH may become $230 USD if this continues and XRP $0.35 USD or even the $0.36 USD can be a decent price, but regardless of what may happen I surely am open arms to it, Because whatever it is Bitcoin will surely increase and reach its ATH in the coming years.
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September 21, 2019, 04:04:44 PM
 #3

when i write this post, bitcoin dominance now down to 67.5 % from 70% my friend
and thats make altcoin price grow in bitcoin terms buddy
so, if the dominance of bitcoin down more, i believe alt season will coming  Wink

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September 21, 2019, 04:10:27 PM
 #4

Altcoin always has a chance to go back again and this scheme already happened wince altcoin itself was created. You can see this the latest rally that happened with ripple and ethereum were eating the bitcoin dominance and makes it below 70% again.
The altcoin has a lot of chance to eat even more dude and no doubt about that consider about altcoin has been doing it in 2017.

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September 21, 2019, 04:25:39 PM
 #5

The possibility of Altcoin Overthrowing the current dominance of Bitcoin is not possible, traders and investors are no longer interested in altcoin.
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September 21, 2019, 04:47:10 PM
 #6


It only feels like some of the whales are just trying to fake to altcoin bullrun to dump bits by bits inorder to accumulate BTC at the same time.

Altcoin always has a chance to go back again and this scheme already happened wince altcoin itself was created. You can see this the latest rally that happened with ripple and ethereum were eating the bitcoin dominance and makes it below 70% again.
The altcoin has a lot of chance to eat even more dude and no doubt about that consider about altcoin has been doing it in 2017.

During those days I think BTC dominance was 40%.  The prices of some altcoins are increasing but the over all marketcap of cryptocurreny isn't rising. Its sticks to this range $266,704,082,842 - 270. That means there is no money coming into the market.

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September 21, 2019, 05:13:47 PM
 #7

when i write this post, bitcoin dominance now down to 67.5 % from 70% my friend
and thats make altcoin price grow in bitcoin terms buddy
so, if the dominance of bitcoin down more, i believe alt season will coming  Wink
Even after all the dominance thing altcoin is in red today and no sign of any recovery in sight, i think i would stop expecting good market movement from altcoins for now, maybe after bitcoin halving next year altcoin season will return, i have no plan of making little profit for my holdings since i'm willing to hold for years

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September 21, 2019, 05:51:28 PM
 #8

when i write this post, bitcoin dominance now down to 67.5 % from 70% my friend
and thats make altcoin price grow in bitcoin terms buddy
so, if the dominance of bitcoin down more, i believe alt season will coming  Wink

67% is still very high altcoins below the top 6 are just sharing not higher than 15% of the market shares, so I doubt if we are going to have an altcoin season this year, the best move is to just move your investment to the top coins in the market, altcoins that not in the top 10 is bleeding, more so in new coins in the market.

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September 21, 2019, 05:52:43 PM
 #9

Altcoins rally is ready to launch, the only thing that we are waiting for is the reduction of BTC dominance and the problem is that nobody knows when it is going to happen. It may be on the 23rd after the Bakkt launch or even in 2020.

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September 21, 2019, 06:21:44 PM
 #10

If Bitcoin Dominance is Below 70%, And Altcoin is back to a sideway trend did you think that the Altcoin may have a chance if not reclaim the number 1 slot which is not gonna happen, but in just having a fighting chance in the market of cryptocurrency to still increase in value in spite the value of Bitcoin not going any where what can you guys say about this?

https://news.u.today/news/top-3-price-predictions-btc-eth-xrp-bitcoins-dominance-is-below-70-altcoins-are-back-to-a
Rally on the altcoins will begin only when the price of bitcoin hits new all time high and this is the cycl of crypto currencies since everything started so dominance is not a matter here.

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September 21, 2019, 06:31:42 PM
 #11

If Bitcoin Dominance is Below 70%, And Altcoin is back to a sideway trend did you think that the Altcoin may have a chance if not reclaim the number 1 slot which is not gonna happen, but in just having a fighting chance in the market of cryptocurrency to still increase in value in spite the value of Bitcoin not going any where what can you guys say about this?

https://news.u.today/news/top-3-price-predictions-btc-eth-xrp-bitcoins-dominance-is-below-70-altcoins-are-back-to-a
Well that usually what happens. If bitcoin dominance decreases, the alts are taking the chance and they are recovering from the massive ups that bitcoin did to them. The money that once flowed to bitcoin will start now coming in to altcoins.

That's pattern that least we can started. If dominance of bitcoin drops, alts value and price increases and if it rises, alts goes down. But it doesn't mean that every alt can do the same of recovery, some can't go up already as they were abandoned and totally out of their normal value.

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September 21, 2019, 06:47:43 PM
 #12


It only feels like some of the whales are just trying to fake to altcoin bullrun to dump bits by bits inorder to accumulate BTC at the same time.

Altcoin always has a chance to go back again and this scheme already happened wince altcoin itself was created. You can see this the latest rally that happened with ripple and ethereum were eating the bitcoin dominance and makes it below 70% again.
The altcoin has a lot of chance to eat even more dude and no doubt about that consider about altcoin has been doing it in 2017.

During those days I think BTC dominance was 40%.  The prices of some altcoins are increasing but the over all marketcap of cryptocurreny isn't rising. Its sticks to this range $266,704,082,842 - 270. That means there is no money coming into the market.
that's right, completely agree, I think that as soon as major players begin to come to the crypto market, it is possible that the alts season will begin
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September 21, 2019, 07:01:31 PM
 #13

If Bitcoin Dominance is Below 70%, And Altcoin is back to a sideway trend did you think that the Altcoin may have a chance if not reclaim the number 1 slot which is not gonna happen, but in just having a fighting chance in the market of cryptocurrency to still increase in value in spite the value of Bitcoin not going any where what can you guys say about this?

https://news.u.today/news/top-3-price-predictions-btc-eth-xrp-bitcoins-dominance-is-below-70-altcoins-are-back-to-a
It seems to me that the dominance of bitcoin broke the lower level down and now altcoins can very strongly jerk up , I think from the current position, you can buy many altcoins and in particular ethernet.

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September 21, 2019, 07:43:15 PM
 #14

I think dominance will need to get below 60% before alts see any real movement. And closer to 50% or less if we are talking about a real altcoin season.

Still, it's not like 'altcoin' is a single coin and refers to every coin. We may see isolated coins have some nice spikes, regardless of where dominance is.
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September 21, 2019, 07:49:23 PM
 #15

yes that's possible. as long as altcoins can withstand the pressure of bitcoin, they will be affected by the rally. bitcoin dominance reaches 70%, yes that is a scary thing. but as long as there isn't a fall I don't think that's too worrying.

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September 21, 2019, 09:37:42 PM
 #16

Most experts and analysts are already predicting a sideways kind of market for rest of the year but personally i would want a moving market that can easily show its trend and recover to previous high marks so atleast i want to see the biggest coins move positively so we end the year on a bright note and hopefully next year will bring us life changing bullish moves.

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September 21, 2019, 09:46:08 PM
 #17

BTC dominance is still way much, that aside, I think altcoin season is gradually creeping in. It usually starts by the market showing an uptrend with coins having big caps, then to the low caps.  ETH and some other altcoins really impressed me, I made some gains from ETH in particular. Hoping to see more rise for altcoins and also BTC should just maintain a sideways movement for now and not dump further.
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September 21, 2019, 10:58:57 PM
 #18

With Btc dominance at 70%, it's unlikely for alts to have a rally alongside bitcoin but alts has been performing tremendously well of recent with Btc price stabilising a bit.

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September 21, 2019, 11:35:58 PM
 #19

With Btc dominance at 70%, it's unlikely for alts to have a rally alongside bitcoin but alts has been performing tremendously well of recent with Btc price stabilising a bit.
We know it is really for Altcoins to make a move while Bitcoin price is still at a low. But we can't disclose any possibility that it will surprise us in the future since knowing that fact that some Altcoins maintaining its momentum and keeps rallying just like we've seen on BNB. But because of Bitcoin's market dominance, it only has a thin chance for altcoins to soar high more than a thing that Bitcoin can do. Altcoins still relying on BTC performance and dictating the market trends.

However, altcoins are still in the struggles and causing some investors to become impatient and having some instances that they are selling the coins at cheap price leading into dumping more.

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Periodik
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September 22, 2019, 12:59:35 AM
 #20

If Bitcoin Dominance is Below 70%, And Altcoin is back to a sideway trend did you think that the Altcoin may have a chance if not reclaim the number 1 slot which is not gonna happen, but in just having a fighting chance in the market of cryptocurrency to still increase in value in spite the value of Bitcoin not going any where what can you guys say about this?

https://news.u.today/news/top-3-price-predictions-btc-eth-xrp-bitcoins-dominance-is-below-70-altcoins-are-back-to-a

70% is too high a dominance for Bitcoin. It is good for Bitcoin HODLers but definitely bad for the altcoins fans. If Bitcoin's dominance will fall to the 60% level, that is still going to be high if we what we wanted to see are strong waves of green from the altcoins. Bitcoin will have to settle down to around 50% dominance for a great deal of altcoin recovery. Even then, only strong altcoins will make gains. The shitcoins will remain shitcoins despite the increase of altcoin percentage of the total market value.
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