Money flowing out of BTC into Altcoins

[Coroline]

I don't think this has reached the highest point of bitcoin. moreover bitcoin the demand for bitcoin and altcoin continues to increase. So, if you want to liquidate your bitcoins now and switch to altcoins, it's back to yourself. However, considering the popularity of the current altcoins such as ETH and BNB, to get more profit, you can just transfer your funds to these two coins.

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[tvplus006]

Storing your bitcoins at this time is the best choice in my opinion, rather than turning to Altcoins but if you have a lot of funds to invest you can choose ETH or BNB, but don't let you reduce the number of bitcoins you have.

As a rule, the altcoin season provides a good opportunity to increase your number of bitcoins. While BTC is flat, the price of altcoins shows a large increase, calculated in the hundreds of percent. It remains to make the right choice and invest in such an altcoin, which in your opinion must necessarily increase in price. If you can't make the right choice, keep holding BTC.

[Darktongue]

I'm just wondering whether BTC has hit it's peak for this cycle.  It's been trading sidesways 55k-60k for the last 2 months
while altcoins have rallied.  From historical perspective, for those were in it in 2017, did bitcoin ever regain it's dominance after
altcoin season began.  I guess what i'm asking is whether I should liquidate my bitcoin position and chase altcoins or whether
there is more room for BTC to go this year.

Direct answer, chase altcoins until the fourth quarter. I don't have any Bitcoin on hold because Bitcoin season is almost over. Bitcoin will take dominance from the altcoins after this altcoins season. But you should also check the marketcap. Almost hits to 2.5T, which cap doesn't come out from Bitcoin dominance. Marketcap will help you to make a good decision.

[husdemba]

Bitcoin dominance is constantly decreasing and BNB and ETH are gaining in price tremendously. I think altcoins will take investment for a while. Later, the small volume coins will disappear and Bitcoin dominance will increase again. I think at least two more months will go well for altcoins.

[2tang]

Bitcoin dominance is constantly decreasing and BNB and ETH are gaining in price tremendously. I think altcoins will take investment for a while. Later, the small volume coins will disappear and Bitcoin dominance will increase again. I think at least two more months will go well for altcoins.

Don't speculate too much at this point because market conditions can change suddenly so that what you are predicting at this time is not necessarily possible and in line as you say, because the dominance of a coin is not only seen in terms of price movements.

[isaac_clarke22]

Don't liquidate everything from Bitcoin. Bitcoin is starting to rebound already back to 60k slowly.
Giving a little bit to other altcoins could be good, but if I were you, I would still 100% stay in Bitcoin.

[leatutz]

I don't know why I don't understand the other calculation about cryptocurrency. OP think, money is flowing out of Bitcoin but everyday coinmarketcap value is increasing, but Bitcoin price is almost stable coin at 55-57k USD. Actually, investors are gathering in the cryptocurrency. Now investors' choices are altcoins.

[Miaallen]

As some money flow out of Bitcoin to the altcoins, many more new entrants are pushing more money into Bitcoin investment. Although the dominance of Bitcoin in Cryptocurrency world is diminishing, but Bitcoin still remains the Cryptocurrency leader and determines what happens in term of the prices of others.

[seleme]

Nobody knows when Bitcoin will leave its support and resistance corridor. As long as we move in the 52-62k range per coin, most of the top altcoins will show good growth. But the market is overheated and when the reversal begins, altcoins will fall in price much more rapidly and significantly.

It is so hard to predict what will happen, But if BTC keeps staying between 52-62k, that means top altcoins will increase as expected. l think BTC will not stay at this price for a long time, maybe it will change in the near future. However if it happens, as you above mentioned some cryptocurrencies will decrease again.

As some money flow out of Bitcoin to the altcoins, many more new entrants are pushing more money into Bitcoin investment. Although the dominance of Bitcoin in Cryptocurrency world is diminishing, but Bitcoin still remains the Cryptocurrency leader and determines what happens in term of the prices of others.

Bitcoin dominance goes down after BTC hitting $60k price tag, the possibility of getting down is higher than increasing dominance percentage. Altcoins will fly to the moon like Dogecoin, but they need to draw the attention of many investors. The market likes competition and only strong altcoins will be able to hit ATH prices on the next bull market. There are no leaders, only profit matters for majority of investors at the end of the day.

[Asuspawer09]

I'm just wondering whether BTC has hit it's peak for this cycle.  It's been trading sidesways 55k-60k for the last 2 months
while altcoins have rallied.  From historical perspective, for those were in it in 2017, did bitcoin ever regain it's dominance after
altcoin season began.  I guess what i'm asking is whether I should liquidate my bitcoin position and chase altcoins or whether
there is more room for BTC to go this year.

That is why most people are diversifying their portfolio because there are obviously times where the market price of bitcoin is just sustained at a certain market price.

Having an investment into different altcoins that has different purpose is a good thing, there are some predictions that this could be the last bitcoin rally because at some point we could be entering the bear market.

History will repeat and investors are expecting the big drop for sure, so don't forget to take profit every time the altcoin you have is pumping so that you will have a stablecoin that you could used when the bear market comes.

[TheGreatPython]

After the altcoins catch up, it could be time for BTC again yet we are now seeing BTC pulled down. If both BTC and altcoins shoot to the moon later, we really cond see more users losing the chance for the ticket to ride.

Although we are seeing many altcoins had also experience bullrun, some are left stuck without moving. Investors today are getting wise not to buy just any coin all because they are old coins.

I mean there is nothing wrong with bitcoin having the same dominance at 75k+ price for example. If all other coins go up with it, then bitcoin could go up, altcoins would go up, and the dominance would stay the same right? I do not know if that would be possible, it would mean that there is a ton of money in the crypto world at that moment, too much money, too much stablecoins, all of which goes into all of the market and that would be like billions of dollars very easily.

So I am not sure if it is possible, I am not sure if it is easy, all I know is it is not going to be something that we can see right now, maybe if there is a huge news coming out from somewhere we could see that but that's about it. Long story short its possible, but I feel like if bitcoin goes up, fiat price of alts will stay the same or even go up a bit while bitcoin price of them will go down.

[ahoenk]

We are not in altcoin season yet, its just moving to ethereum and doge and will be back to btc. Probably in Q3 and Q4 we will see another bullish on btc. Then after that we will see altcoin season and many big marketcap going parabolic.

[Lizzylove1]

Hold tight your bitcoin and don't be tempted to convert it to altcoins. Just use other money to trade altcoin and ensure to buy good ones and not Hypes that easily fade away.

[btcltcdigger]

I would advise you to keep the bitcoins, altcoins and stablecoins in your investment portfolio.
And I would hold some of the Top 30 coins with a 10-year perspective.
I came up with forecasts for bitcoin from 70,000 to 150,000 dollars in this rally, but if you find a coin whose price can rise 3 times or more, then you can invest.

Good advice. Many indicators show that we're about half way through this cycle, and it could go bigger.
Yes, it's been sideways lately, so keep your money in all 3, BTC, alts and stable

[Kasabus]

Hold tight your bitcoin and don't be tempted to convert it to altcoins. Just use other money to trade altcoin and ensure to buy good ones and not Hypes that easily fade away.

Always give bitcoin the highest percentage in your portfolio and the rest diversify it with your trusted altcoins. Bitcoin might make another dump in the days to come before it will reach another heights so be careful and more patient in your investment.

Altcoins are in its bullish season these days but you can never be sure if they will suddenly dump and lose your expected profits so never put bitcoin at its high risk. Just invest wisely.

[target]

BTC dominance is decreasing and altcoins rising. Its still healthy market but its causing BTC to resistance like a sell order is bulking and institution's buy orders are filled.

As long as you pick the altcoins thats going to the moon, youre good as sitting on a goldmine. And you could also ride the BTC up when you hold BTC at  the same time.

[Refrumatrix]

If I have to judge with Past years rally I'd say the bull cycle is nearing its end because altcoins are now in full action, whenever the bull season is almost over altcoins shows how badass they can become and then bear slowly take over but again there is huge demand for crypto coins today compares to past years, this is why I'm presently at a 50/50 doubt right now

[virtualdn]

When the shitcoin season ends all money will flow back into BTC, where they belong. Don't be tempted by fast huge gains because the risks are very high.

HODL because this year your gains in BTC will be huge! Hitting the $100K and beyond, the BTC holders are the smartest, to the Moon!

[FanEagle]

When the shitcoin season ends all money will flow back into BTC, where they belong. Don't be tempted by fast huge gains because the risks are very high.

HODL because this year your gains in BTC will be huge! Hitting the $100K and beyond, the BTC holders are the smartest, to the Moon!

Yes, you are right. But because of bitcoin is trading stagnant in recent times, people are assuming like money flow is getting deviated from bitcoin into altcoins but if you're looking into bitcoin market movements on daily basis, you can find it is still having good price ranges along with good volume; what else we need to prove that bitcoin is having its own set of traders and investors who are all never looking for any other opportunities outside bitcoin markets.

I believe people will stop this kind of no-base arguments when bitcoin will be testing a new ATH. Because, people always look for a new ATH when bitcoin market is into bullish mode. In some sense I guess we cannot blame such people.

[tvplus006]

When the shitcoin season ends all money will flow back into BTC, where they belong. Don't be tempted by fast huge gains because the risks are very high.

HODL because this year your gains in BTC will be huge! Hitting the $100K and beyond, the BTC holders are the smartest, to the Moon!

By buying altcoins with BTC, you can increase the amount of bitcoin in your wallet. I believe that I have very successfully exchanged my BTC for ETH, and now if I sell ethereum, I will get almost 3 times more BTC than it was before. But it is still too early to do this, while the altcoin season continues.