Now Bitcoin dominance is starting to decline to 68%, then Bitcoin price also seems to have difficulty breaking the resistance price at $ 40,000.
So this made some of the top altcoins go up in price, including Ethereum which kept going up close to the ATH price. But don't let your BTC into
ETH, because after all investing in Bitcoin is more profitable. Unless you have extra money you can buy ETH, but if you have to convert BTC to ETH
it's not a good decision in my opinion.
Bitcoin price doesn't need to go down in order for the dominance to drop, it actually doesn't even need to stay same, we could have bitcoin going up while dominance still fall. How? Simply, when bitcoin goes up a bit, but alts go up a lot more, that means dominance will fall, obviously since bitcoin is a lot bigger than everything else, one percent of increase still means a ton of increase for it, while alts do not worth that much, even all of them combined, so it needs to be a lot bigger increase from lats but it is still possible for a tiny increase in bitcoin, while a huuuuge increase on altcoin would make the dominance of bitcoin fall.
I believe bitcoin is not going to crash before alt season, it will happen together, bitcoin will be around 40k or even maybe higher while alts will all have their own all time high prices happen at the same time.
