Bitcoin will continue to dominate the crypto market. Because interest in Bitcoin always goes up every year. And the second position of dominance is still occupied by Ethereum.
Not only this, but Bitcoin is the cryptocurrency brand. It has the most secure network out of all the other coins, and it has adopted by many people. Definitely has the first mover advantage. I do honestly think Bitcoin will always be the #1 coin on coin market cap. Bitcoin will be a huge store of wealth and the reserve currency for the world. It will continue to eat into golds market cap, becoming the best store of value in the process.
Well technically speaking, bitcoin will continue to reign the market due to its origin and developments throughout the years under the blockchain technology. Bitcoin, also, is the first ever cryptocurrency- making it the trademark and the flagship. People would prefer more to invest into bitcoin due to its large market price but some altcoins are a good alternative for diversifying your investments in order to reduce the risks.
We can Really see a slight drop, And base on my experience with the Crypto Market and mostly bitcoin Even if bitcoin did not out stretch it's value not like other Altcoin did, It really doesn't mean that bitcoin got left behind, Because it still has a bigger value than the rest of the other coins, We should appreciate bitcoin more than any Altcoin because if not for bitcoin there would be no other Coins that will be created.
It can happens to see a slight drops of the price so actually were a long way to go to think of december this year. Many things many situation to be happen in this market it should conquers all the hindrances to achieve on what to be hit. Yes bitcoin still has the biggest hits among all other coins so btc will dominates indeed.
Last month, the price of bitcoin was around $7,200-$7,500 and currently the price is sitting at around $9,000 and still increasing. People always doubt the whenever its price decrease and they tend to panic sell most of their resources, resulting to a surplus of bitcoin in the market lowering its price further. Bitcoin will remain the dominant coin in the market unless a new type of cryptocurrency would replace bitcoin (which I believe is unlikely happening).