All Eyes on BTC Dominance!

[mamahdedeh]

It looks like bitcoin's dominance will continue, as the market focus is now on it, we can see after the FUD on bitcoin, buying on altcoins decreased as many prefer to buy bitcoin due to a decline, with hopes of an increase in the near future

I see with the decline in bitcoin, many investors are looking for security in investing, therefore bitcoin is the main choice, or if you choose altcoins, of course, those at the top rank. therefore the mother of all coins seems to determine the movement of other coins

[mauriek]

Bitcoin is a ‘coin gateway’ for many investors;  they buy Bitcoin BTC before buying other coins.  This could be partly due to the almost universal listing on every active cryptocurrency exchange, but also due to the high profile and low volatility (which is a relative statement).  This visibility, along with Bitcoin's price and position in the crypto market, is total market dominance.
Many experts predict that Bitcoin is still a great investment that will pay off in the long term, while we can expect more of the same rollercoaster ups and downs in the short term.  Bitcoin news is an art form in itself and you need to make sure you know what comes next in terms of cryptocurrency regulations, cryptocurrency exchange news and in-depth crypto market analysis.

[tabas]

Checking on it right now and it has increased, the dominance now is 46.6% and as far as I remember. The last time that I've seen it, that was just around 40%-42%.
IIRC.

[CapGelatik]

It looks like bitcoin's dominance will continue, as the market focus is now on it, we can see after the FUD on bitcoin, buying on altcoins decreased as many prefer to buy bitcoin due to a decline, with hopes of an increase in the near future

I see with the decline in bitcoin, many investors are looking for security in investing, therefore bitcoin is the main choice, or if you choose altcoins, of course, those at the top rank. therefore the mother of all coins seems to determine the movement of other coins

No need to be surprised that when bitcoin goes down it is also followed by a decrease in altcoins and the opposite is also the case,
both bitcoin and altcoin it's a good choice to buy it,
so if someone prefers coin memes I think it's quite strange because it's more risky for sure

[Princejebs]

It looks like bitcoin's dominance will continue, as the market focus is now on it, we can see after the FUD on bitcoin, buying on altcoins decreased as many prefer to buy bitcoin due to a decline, with hopes of an increase in the near future

This dominance thing doesn't really freak me because I don't see its point when China and some other countries are manipulating things and price keep dumping every week, altcoins included.
The best time I have seen the useful of this dominance is when we riding bullrun and then whales began to shift money frkm altcoins to bitcoin or from bitcoin to altcoins.

[devil2man]

at the moment the dominance of bitcoin on the market has dropped abundantly below 50% now it is 45% but this is obviously due to its lowering in value, even eth is not doing very well only 16% dominance but i don't think we are yet at the beginning of a bear phase of the market, bitcoin will soon recover and increase in value, obviously dragging all the other altcoins upwards, altcoins have yet to reach their maximum splendor

[bison]

It looks like bitcoin's dominance will continue, as the market focus is now on it, we can see after the FUD on bitcoin, buying on altcoins decreased as many prefer to buy bitcoin due to a decline, with hopes of an increase in the near future

yes it is true that many investors are looking for a safe way to invest at this time, therefore they prefer BTC, because the opportunity to go up is greater, besides when BTC goes down, almost all coins also experience a decline, and conditions like this are very risky investing in coins that have low security because the possibility of sinking becomes very large.

[bitcion--]

Bitcoin is the king of  cryptocurrency now the correction is taking place after bitcoin's strong pump.But BTC dominance will last for ever.

[cryptobrzy]

BTC dominance is currently 48.8% which is very close to half of the total market capitalization, i believe the reason why this drops in a more sideways market is due to the absense of new money in the cryptocurrency market, so the money flows from the top coins like BTC and ETH to the altcoins as investors and traders try to capitalize of the price movement withing the trading rain gets of 2 price zones to make money

[Sollaes]

Why is it becoming so predictable like this pattern described above  But easy predictability means more money making yeah 

I don’t think that Bitcoin is so predictible. I am of the opinion that this market is very unpredictible, so you can’t understand if the price will be lower or higher than it is now.
And you are wrong by thinking that easy predictability means more money making as when all people expect something, all people that want to earn on it has already bought, so it is said that expectations are always in the current price.