If Bitcoin Dominance Has Topped then Ethereum Will Blast

[FlagstaffRevel235]

Eth will rise as part of the new alt season, eth 2.0 has failed and delay another 9 month. Also dominance chart not a trading chart I'm not sure but some people call that critical support . what do you think?

[hello_good_sir]

Why should ETH go up, when bitcoin dominance hasn't even dropped a lot, it's more so the market dropping a lot and all coins losing quite a bit of their value, so a lot of people have actually turned to stablecoins, or cashed out fully.

Bitcoin dominance will always be very high, and even if we did see a bitcoin crash, I don't think ETH would be going up, instead, most altcoins would follow bitcoin downwards, and stablecoins will see quite a lot of action, since they are the safer investment option.

[gantez]

We have all known that when bitcoin fall in price, every other coin follow. So I'm not expecting anything different now that bitcoin is down. Most coins are going down now and that is because bitcoin price is not making much improvement this year but going down.

[xiboothrezi]

Why should ETH go up, when bitcoin dominance hasn't even dropped a lot, it's more so the market dropping a lot and all coins losing quite a bit of their value, so a lot of people have actually turned to stablecoins, or cashed out fully.

Bitcoin dominance will always be very high, and even if we did see a bitcoin crash, I don't think ETH would be going up, instead, most altcoins would follow bitcoin downwards, and stablecoins will see quite a lot of action, since they are the safer investment option.

It is true. In this scenario, it is indeed quite difficult to get a high bounce if bitcoin dominance is still high. Most of the trends follow the movements of bitcoin, so as long as there are no surprises, the market will stay like this. Most investors and traders prefer safe, wait and see ways, can use strategies with stable coins as anticipation.

[edmundduke]

Eth will rise as part of the new alt season, eth 2.0 has failed and delay another 9 month. Also dominance chart not a trading chart I'm not sure but some people call that critical support . what do you think?

The high price of ETH is a nonsensical argument. The very way it is built suggests that a lower price is desired for the dapps to function and be competitive. It is almost better for ETH to be lower price but at this point, im not counting on ETH to do anything unless the sidechains for scalability have been fully rolled out.

[tenakha]

Eth will rise as part of the new alt season, eth 2.0 has failed and delay another 9 month. Also dominance chart not a trading chart I'm not sure but some people call that critical support . what do you think?

Some delays in development will unfavorable affect the vision of the project. But it is ETH. Perhaps its price will not change without BTC's permission, but it does not mean that it will not be affected by market growth. Our hope is an increase of BTC's price, and if it happens, most altcoins will gain value. I do not think it is the right time for a big change from ETH itself.

[goaldigger]

Eth will rise as part of the new alt season, eth 2.0 has failed and delay another 9 month. Also dominance chart not a trading chart I'm not sure but some people call that critical support . what do you think?

Its ok to delay than to have big problems after launching the update so for me ETH is still a good one. You also need the market trend as a whole and you can see we are still on a bear trend and the top coins like bitcoin are also down. It will rise again when we get a better news as a whole, and ETH still have the chance to go up and hopefully not to hit the hard bottom again.

[viananda2525]

We have all known that when bitcoin fall in price, every other coin follow. So I'm not expecting anything different now that bitcoin is down. Most coins are going down now and that is because bitcoin price is not making much improvement this year but going down.

bitcoin price down caused this year too many fud in market, developtment still running and its not happen on bitcoin only. other coins also developt as well as they can so it could attract investors trust. bitcoin could influenced altcoin price caused as major coin in cryptocurrency it could influence market sentiment. when bitcoin price increase it could add investors confidence investing in altcoin.

[princesspoppy]

We have all known that when bitcoin fall in price, every other coin follow. So I'm not expecting anything different now that bitcoin is down. Most coins are going down now and that is because bitcoin price is not making much improvement this year but going down.

Yes I agree. Most coins in the market as well as ethereum depends on bitcoin. Whatever the trend of bitcoin has, these coins follow the same trend. The correction is taking tonlong in this current situation and I think it will take a long time to do that. So we should not expect anything from bitcoin and ethereum for now. Hopefully the market will pump soon.

[hatshepsut93]

There won't be any alt season, but there will be alt massacre - almost all shitcoins will die when speculators will realize that there won't be repeating of the 2017 bubble in altcoins, that alts just mirror Bitcoin's movements but fall harder and raise slower than Bitcoin. In the coming years Bitcoin's dominance will be over 90%.
From the fundemental point of view altcoins are trash - they inherit all the problems of Bitcoin without truly solving them, and they lose the benefits of Bitcoin like decentralization and network security. Privacy is the only problem that a few alts do better than Bitcoin.

[nikki4]

Eth will rise as part of the new alt season, eth 2.0 has failed and delay another 9 month. Also dominance chart not a trading chart I'm not sure but some people call that critical support . what do you think?

Still I didn't get any confirm information from any news. If Ethereum 2.0 delay another 9 months, Bitcoin will keep his dominance. This could be bad for altcoins season. Although marketcap is losing total USD form crypto. If Bitcoin dominance more increase, some altcoins also increase and this token doesn't wait for ethereum price even ethereum depends token.

[starblocks]

Ethereum is one of the most solid investments out there and at the price it's at now if you added some to your portfolio, then hypothetically in a few years time you might look back and laugh at how cheap it was today, so just invest what you can afford to lose as there's no telling if there will or won't be a superseding technology but for now there does not seem to be and there are many new developments scheduled for next year

[Furious 7]

Ethereum is also likely to rise again I believe it's because the market is bearish so it's hard for now, I think it will be dominant when btc goes up all altcoin will also follow it, we know that bitcoin will approach halving while ethereum with 2.0 is still so there is hope in the future, because of every change there is progress.

[Google+]

it's true that all the possibilities can happen, but now the price of bitcoin is starting to fall and as there is no hope of being able to go back to being expensive, many are blocking the development of bitcoin so that the price of bitcoin cannot experience price increases in an easy way and until now altcoin season also not seen at all.

[Byakuga]

Bitcoin dominance only makes sense when bitcoin price is at a new ATH and it starts dropping in value and in dominance, if bitcoin rises in value all other coins will follow as well but with lower dominance it will favour altcoins

[fuer44]

if it's true that bitcoin will peak, it's because of a number of factors from their own market and it won't affect etherum if the etherum market's trading volume doesn't peak either. all will depend on market activity, not depend on other coins. indeed, if bitcoin rises again the crypto market will return to prominence and many people will be interested again in the crypto market, and indirectly the altcoin market will also be seen and possibly also pumped. but that is not a guarantee, and don't stick to one coin that rises then the others will follow it.

[K4C]

I think you are confusing Bitcoin dominance with bitcoin price because if Bitcoin is dominant, it simply means that all alts are shrinking and that includes Ethereum. But the scenerio that makes ense is Bitcoin price, if it's rising, then it would be taking the rest of the market along with it and this includes Ethereum.

[sikke]

Eth will rise as part of the new alt season, eth 2.0 has failed and delay another 9 month. Also dominance chart not a trading chart I'm not sure but some people call that critical support . what do you think?

I think that ETH is bound to have a rebound against BTC at least.

Whether or not it rallies against USD will depend on the wider state of the crypto market, but against BTC, I think that the 0.02 BTC support should hold up relatively well and be the basis of further rallies in the future.

ETH has been undervalued especially with the ERC20 tokens that it supports that still dominates the market, and that is bound to change soon.

[niisarearning]

Eth will rise as part of the new alt season, eth 2.0 has failed and delay another 9 month. Also dominance chart not a trading chart I'm not sure but some people call that critical support . what do you think?

The high price of ETH is a nonsensical argument. The very way it is built suggests that a lower price is desired for the dapps to function and be competitive. It is almost better for ETH to be lower price but at this point, im not counting on ETH to do anything unless the sidechains for scalability have been fully rolled out.

I am still waiting ethereum scaling every time it get delays or getting some issues . I am accumulating ethereum from last twoi years . Most of my holding in ethereum at the price average around 500$ i started accumulating still i am in huge loss not sure what to do . Still 9 more month delay it may even go higher . Completely lost faith on ethereum can t even cah out for this loss , Cant even accumulate more .my investment gt stucked .

[oktana]

I think that ETH is bound to have a rebound against BTC at least.

Whether or not it rallies against USD will depend on the wider state of the crypto market, but against BTC, I think that the 0.02 BTC support should hold up relatively well and be the basis of further rallies in the future.

ETH has been undervalued especially with the ERC20 tokens that it supports that still dominates the market, and that is bound to change soon.

not only eth if only because of the influence of market dominance, alt pair against usdt will also gradually follow the trend. But this scenario has to wait for bitcoin confirmation first, it is not true if bitcoin and eth will have the same trend, at least waiting for bitcoin to return to the saturation trend and re-enter the accumulative zone.