May Altcoin have chance to rally even if Bitcoin dominance is below 70%?

[coin-investor]

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

The only altcoins that have a good chance are those on the top 10 for new coins in the market, I don't think it's going to happen, it's not yet the season for altcoins, they are sharing for the 13% shares of the market.
the best thing to do is to make the majority of your coins/tokens all in the top 10 coins in the market, make it 70 to 80%
of course, we have a desire to be one of the early bird of a new coin but it will be a very long wait if you have invested in a good new coin.

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[Retainly_Collie]

Of course, altcoins will still grow. But it will not grow mass. Over the past few months a lot of altcoins have grown from the bottom

[Vishnu.Reang]

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.

The damage has been done already. Many of the altcoins have lost as much as 50% or 60% of their value against Bitcoin during the last four months and a slight recovery of 5% or 10% might not help them in the long term. A lot of the users are still holding on to these coins hoping for a future recovery. If there is no improvement in the situation for the next 3 to 6 months, then they will also sell their coins and this will crash the prices even further.

[EdvinZ]

I think that altcoins can grow with a decrease of Bitcoin dominance. For example, Ethereum is now demonstrating this well with his growing, despite the fact that Bitcoin is even getting a little cheaper.

[rz20]

IMO. Old coins will need bitcoin's help to break the previous ATH they achieved during the alt season. New coins, on the other hand, have the potential to reach their ATH if btc doesn't fluctuate much.

BTW no one can take #1 position from btc lol

[jazmuzika217]

All we know that everything is possible here in crypto industry. In price positioning it is veryhard to tell and predict but I think time for altcoin will be came even bitcoin dominance is below 70%. All we see the battle of bitcoin and altcoin from the past few years here in crypto world.  So it is not impossible that they continue their battle in price position.

[owengtam09]

All we know that everything is possible here in crypto industry. In price positioning it is veryhard to tell and predict but I think time for altcoin will became even bitcoin dominance is below 70%. All we see the battle of bitcoin and altcoin from the past few years here in the crypto world.  So it is not impossible that they continue their battle in price position.

That's true and I think it is exciting to happen in the near future. The best thing to do right now if we have enough money to invest then better to invest with bitcoin and altcoins, but of course make sure to just invest in altcoins with a good potential which I think the top 10 altcoins.

[emreunsal10]

I don't see %70 is too high for btc. During the ATH, it was over %80 and halving is close, so don't stuck on any altcoins. Maybe a mini rally like 5-7 days, but not expect much. Except we will live a story like binance(bnb coin) had, which i don't see it possible until halving.

[kirisakidaichi]

Of course, every moment altcoin can increase. as it is now we know that the increase that occurs in some altcoins is precisely when bitcoin has a high dominance. we cannot fully guess the cryptocurrency market,we ourselves must be able to choose the right momentum when price movements occur

[Marckolind]

The market moves in cycles, everyone should know that by now.

High BTC dominance => Diversify in ALT's
Low BTC dominance => Go all in BTC.

Right now, the majority of the trading volume you see is wash trading. Even the bigger projects out there, is wash traded a LOT. Most investors is waiting for a confirmation of a market turn, which leaves the left of us alone.

A project like BlockNet isn't wash traded, but when you look at it as an investor, you'd be instantly turned off by the trading volume - When in reality, it's a great project with on-going development still.
Eventually the market is going to turn around, and those who bought low (now), will be rewarded hugely for doing so.

BTC is not a bad hold, it's the safest hold by far, but if you want to make the big money, you gotta consider the risk/reward scenario you're sitting in.

[randegibran]

Investor still focus for trading and investing their money in bitcoin and altcoin still lower dominance than bitcoin, when altcoin dominance than bitcoin? maybe after bitcoin keep stable price and investor back to altcoin.

[Kersh768]

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 would still be hard to determine in my opinion, also, maybe we are just used of seeing Bitcoin on top of other cryptos which gives some people assumptions that Bitcoin would still be able to remain on its place despite of the downfall that it is having at this moment. One thing for sure is advisable, simply, to hold both bitcoin and altcoins. Actually, I did not let go of my alts even if some of its prices are close to zero. The reason is simple, the market is way unpredictable and just maybe, there would be a chance that those tokens that we thought of being dead, will soon rise? Who knows? Alts are quite having a good time, if you know what I mean. Holdstill!

[tenakha]

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

There is always a opportunity. There are thousands of altcoins on the market and complying to BTC everytime is not possible.
Dozens of new coins enter the market every day, that will also increase the marketcap. The majority are in the hands of the BTC but there are still those who do not follow it and we can think that there are many.

[#Darren]

If and only BTC dominance would drop to 45-55 percent, altcoins would have space to increase their prices. Right now, altcoin season seems very optimistic for the nearest future, we need to recover from failed Bakkt launch first.

[leowonderful]

Even though I'm extremely heavily invested in BTC, I don't think it's going to hold it's extremely high market dominance for ever either. In the event that BTC starts another major rally again, people are going to start looking into alts for investment in addition to or as an alternative to investing into BTC, and that could cause alts to gain market dominance once more. No matter what happens, though, I find it extremely unlikely that anything's going to take Bitcoin's spot as the #1 cryptocurrency anytime soon. It's the cryptocurrency the most people recognise and know, and there's reputability with Bitcoin for how long it's existed.

[MetalGear]

The possibility of Altcoin Overthrowing the current dominance of Bitcoin is not possible, traders and investors are no longer interested in altcoin.

I agree, altcoin just follows BTC's trend, bitcoin already had a good impression that makes the investors prefer it over other currencies. if btc's price rose up, altcoins price might also be but it can never outgrow the latter.
            Bitcoin has been known in the crypto space for a long time and its dominance is undeniably not one to be outgrowed by altcoin. Whether altseason returns or not, the only point for consonance appears to be the idea that the current bull cycle could have profound ramifications for the still infant market and even if the bull cycle didn't happened, ooverthrowing BTC is still impossible. There is also another means by which to observe Bitcoin’s increasing dominance over altcoin species. This method requires using the BTC price as the baseline for measuring altcoin price-performance within a specific time period, and the results appear even more dire for altcoins, so again, no chance.

[bryant.coleman]

The Bitcoin dominance is now stable at around 67% to 68%. The next Bitcoin block reward halving is less than a year away, and sometime during the next few months, we will be witnessing a BTC bull run in expectation of the reward halving. And this is going to be bad news for the altcoins. As per my calculations, the next bull run is going to take Bitcoin dominance to somewhere around 85%, leaving only around 10% for the altcoins (excluding the Bitcoin forks and stablecoins). This means that the altcoins will go down not just against Bitcoin, but also against the fiat currencies such as the USD and Euro. For them, the future outlook is bleak.

[surgical_duude]

Of course, altcoins will still grow. But it will not grow mass. Over the past few months a lot of altcoins have grown from the bottom

This is very unlikely because altcoins don't seem to have a chance when we see Bakkt crash.  But maybe your holding the top altcoins in the rankings will probably be somewhat better.  I think the leaders of the big altcoins will think of good plans, creating new trends for the market.

[acepro]

very likely because if we look at the time when bitcoin still doesn't have much value, the owner of the highest rank is altcoin I forgot what altcoin was and at that time I saw bitcoin only ranked third, and if this will happen I think it's true what the article said that altcoin will take first place.

[bitcoinposts]

untill bitcoin see stability we cant see the growth of altcoins which are testing the bottom line once btc reach at least 80 percent dominance we can see growth of altcoins