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Topic: May Altcoin have chance to rally even if Bitcoin dominance is below 70%? - page 3. (Read 567 times)

hero member
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I think dominance will need to get below 60% before alts see any real movement. And closer to 50% or less if we are talking about a real altcoin season.

Still, it's not like 'altcoin' is a single coin and refers to every coin. We may see isolated coins have some nice spikes, regardless of where dominance is.
member
Activity: 392
Merit: 10
If Bitcoin Dominance is Below 70%, And Altcoin is back to a sideway trend did you think that the Altcoin may have a chance if not reclaim the number 1 slot which is not gonna happen, but in just having a fighting chance in the market of cryptocurrency to still increase in value in spite the value of Bitcoin not going any where what can you guys say about this?

https://news.u.today/news/top-3-price-predictions-btc-eth-xrp-bitcoins-dominance-is-below-70-altcoins-are-back-to-a
It seems to me that the dominance of bitcoin broke the lower level down and now altcoins can very strongly jerk up , I think from the current position, you can buy many altcoins and in particular ethernet.
full member
Activity: 1092
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It only feels like some of the whales are just trying to fake to altcoin bullrun to dump bits by bits inorder to accumulate BTC at the same time.

Altcoin always has a chance to go back again and this scheme already happened wince altcoin itself was created. You can see this the latest rally that happened with ripple and ethereum were eating the bitcoin dominance and makes it below 70% again.
The altcoin has a lot of chance to eat even more dude and no doubt about that consider about altcoin has been doing it in 2017.

During those days I think BTC dominance was 40%.  The prices of some altcoins are increasing but the over all marketcap of cryptocurreny isn't rising. Its sticks to this range $266,704,082,842 - 270. That means there is no money coming into the market.
that's right, completely agree, I think that as soon as major players begin to come to the crypto market, it is possible that the alts season will begin
hero member
Activity: 2884
Merit: 579
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If Bitcoin Dominance is Below 70%, And Altcoin is back to a sideway trend did you think that the Altcoin may have a chance if not reclaim the number 1 slot which is not gonna happen, but in just having a fighting chance in the market of cryptocurrency to still increase in value in spite the value of Bitcoin not going any where what can you guys say about this?

https://news.u.today/news/top-3-price-predictions-btc-eth-xrp-bitcoins-dominance-is-below-70-altcoins-are-back-to-a
Well that usually what happens. If bitcoin dominance decreases, the alts are taking the chance and they are recovering from the massive ups that bitcoin did to them. The money that once flowed to bitcoin will start now coming in to altcoins.

That's pattern that least we can started. If dominance of bitcoin drops, alts value and price increases and if it rises, alts goes down. But it doesn't mean that every alt can do the same of recovery, some can't go up already as they were abandoned and totally out of their normal value.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
If Bitcoin Dominance is Below 70%, And Altcoin is back to a sideway trend did you think that the Altcoin may have a chance if not reclaim the number 1 slot which is not gonna happen, but in just having a fighting chance in the market of cryptocurrency to still increase in value in spite the value of Bitcoin not going any where what can you guys say about this?

https://news.u.today/news/top-3-price-predictions-btc-eth-xrp-bitcoins-dominance-is-below-70-altcoins-are-back-to-a
Rally on the altcoins will begin only when the price of bitcoin hits new all time high and this is the cycl of crypto currencies since everything started so dominance is not a matter here.
copper member
Activity: 336
Merit: 3
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Altcoins rally is ready to launch, the only thing that we are waiting for is the reduction of BTC dominance and the problem is that nobody knows when it is going to happen. It may be on the 23rd after the Bakkt launch or even in 2020.
hero member
Activity: 2926
Merit: 567
when i write this post, bitcoin dominance now down to 67.5 % from 70% my friend
and thats make altcoin price grow in bitcoin terms buddy
so, if the dominance of bitcoin down more, i believe alt season will coming  Wink

67% is still very high altcoins below the top 6 are just sharing not higher than 15% of the market shares, so I doubt if we are going to have an altcoin season this year, the best move is to just move your investment to the top coins in the market, altcoins that not in the top 10 is bleeding, more so in new coins in the market.
member
Activity: 742
Merit: 16
when i write this post, bitcoin dominance now down to 67.5 % from 70% my friend
and thats make altcoin price grow in bitcoin terms buddy
so, if the dominance of bitcoin down more, i believe alt season will coming  Wink
Even after all the dominance thing altcoin is in red today and no sign of any recovery in sight, i think i would stop expecting good market movement from altcoins for now, maybe after bitcoin halving next year altcoin season will return, i have no plan of making little profit for my holdings since i'm willing to hold for years
legendary
Activity: 2282
Merit: 1041

It only feels like some of the whales are just trying to fake to altcoin bullrun to dump bits by bits inorder to accumulate BTC at the same time.

Altcoin always has a chance to go back again and this scheme already happened wince altcoin itself was created. You can see this the latest rally that happened with ripple and ethereum were eating the bitcoin dominance and makes it below 70% again.
The altcoin has a lot of chance to eat even more dude and no doubt about that consider about altcoin has been doing it in 2017.

During those days I think BTC dominance was 40%.  The prices of some altcoins are increasing but the over all marketcap of cryptocurreny isn't rising. Its sticks to this range $266,704,082,842 - 270. That means there is no money coming into the market.
copper member
Activity: 714
Merit: 5
The possibility of Altcoin Overthrowing the current dominance of Bitcoin is not possible, traders and investors are no longer interested in altcoin.
hero member
Activity: 2184
Merit: 513
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Altcoin always has a chance to go back again and this scheme already happened wince altcoin itself was created. You can see this the latest rally that happened with ripple and ethereum were eating the bitcoin dominance and makes it below 70% again.
The altcoin has a lot of chance to eat even more dude and no doubt about that consider about altcoin has been doing it in 2017.
sr. member
Activity: 1039
Merit: 250
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when i write this post, bitcoin dominance now down to 67.5 % from 70% my friend
and thats make altcoin price grow in bitcoin terms buddy
so, if the dominance of bitcoin down more, i believe alt season will coming  Wink
legendary
Activity: 3038
Merit: 1169
Well, Maybe Altcoin will have its chance but even a slight increase can be appreciated I am holding ETH and XRP as well so if this 2 coins might increase its price then it will be OK with me, but as you have said it will not going to surpassed Bitcoin whatever the edge they had but for a change I think this is OK as long as I got profit along the way, ETH may become $230 USD if this continues and XRP $0.35 USD or even the $0.36 USD can be a decent price, but regardless of what may happen I surely am open arms to it, Because whatever it is Bitcoin will surely increase and reach its ATH in the coming years.
full member
Activity: 1330
Merit: 248
If Bitcoin Dominance is Below 70%, And Altcoin is back to a sideway trend did you think that the Altcoin may have a chance if not reclaim the number 1 slot which is not gonna happen, but in just having a fighting chance in the market of cryptocurrency to still increase in value in spite the value of Bitcoin not going any where what can you guys say about this?

https://news.u.today/news/top-3-price-predictions-btc-eth-xrp-bitcoins-dominance-is-below-70-altcoins-are-back-to-a
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