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Bitcoin Dominance

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It was really very hard to perdict anything because anything can happen at any time so when bitcoin price dump don’t panic just hold it tightly when price pump gain profit from this.   

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Since bitcoin was the first well known crypto and the father of all then it is really have big dominance and get more trust from the investor or the people.


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On 12/18/2019 at 11:58 PM, Roomi said:

Bitcoin dominance was increasing from last couple of months. In that case alts dumped hard. And now again dominance decreasing back little. What would be the next stop. Can any one perdict?

Bitcoin dominance is decreasing significant from 68% to 62% but still btc price is 9700$. And btc dominance decreasing and eth increasing in dominance much price also. 

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Bitcoin is dominance the cryptocurrency market, also those altcoins tends to follow Bitcoin although it's not drastically as Bitcoin.

We don't know where the market movement in the next month, but we can speculated that the bull run are ahead.

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Yes 2020, is a favourable year for Bitcoin and all other altcoins. Since the beginning of 2020, Bitcoin has been showing some upward momentum. I think is a good one for investors that can analyse the market. That will not stop there, we still expect some move at the upside.

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7 hours ago, Mehedi1234 said:

This is a good question. And here I think that bitcoin has been dominating for a long time. It's been a few months now and its domination is increasing. And Bitcoin's domination has been increasing for the past few months. In that case the altus is thrown tightly,Thanks everyone always.🙂😉😘😄😄💚

Yes it is domination for a long time and that is not a simple work it has done. I hail to bitcoin.

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No one can really predict about what is the next thing that will happen with bitcoin, it's really hard to make a speculation or prediction about bitcoin because of it's volatility. Also no one can predict when will be the traders and whales will start moving.

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Since the beggining bitcoin has maintained its  dominance in the market. And today bitcoin dominates over 63% of the crypto currency market alone. Its value is around 8.4k $. Which has fallen from 10k$.

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Bitcoin is known to dominate the market with full force and all currencies follow it in its direction, and I expect that this month, Bitcoin will gradually begin to rise because it is awaiting division in the next month, which is May

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Bitcoin's dominance has been growing a bit over the past few months. In that case, the alts are thrown into the ground. And now the power is down again. What's next stop? I think Bitcoin will come back to its former place. And that's my belief. 

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We trust Bitcoin. Also Bitcoin never being disappointed us. That's why Bitcoin definitely give us profit for new year. We already see in January 2020. Now we wish Bitcoin overtake previous record in this year.

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I think that despite getting lost in the Bitcoin case, it is bound to rise


 

 

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Well bitcoin should be dominating on the market just because it is the first cryptocurrency therefore it wouldn't lose its impact on the market in a long time. 

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bitcoin is dominated all altcoins and bitcoin prices pump up and dump down its bitcoin nature, yes in December bitcoin prices 7000$ dollars but in 2020 bitcoin really dominate crypto market and hit 10000$ dollars mark, buy altcoons like ETH dash litrcoin and so many coins follows bitcoin prices to pumps up.


 

   

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I think that Bitcoin dominance is close to it's peak. I was expecting to rise up to 80% again, but certain stable coins are gaining a lot lately (such as Tether) and there are a few altcoins that seem to be in demand, as Ethereum and Binance. Probably 65-70% will be the top dominance for Bitcoin for the next years and might go back at 40% in case altcoins see a bull run again.

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The prediction is clear. There is a site that offers a lot of good articles about price forecasts for the coming period. It is COINGO. By reading these reports we will find that the Bitcoin hegemony will return and will not go down to large limits after that, everyone is waiting


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The Bitcoin dominance index is considered one of the most reliable indicators, but looking at this indicator alone is not enough, it is necessary to look at many indicators with it, such as the index of the total market value, it is possible that bitcoin domination increases while the total value of the market decreases,  here people with experience fall into a trap.

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I agree with you that Bitcoin will dominate the whole world. It's a lot of popular currency. Because of Bitcoin, the crypto market survives. Currently Bitcoin will continue to improve. It appears that everyone is leaning on bitcoin to boost the country's economy.

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Bitcoin will always remain the dominant currency which places great hegemony on the market and that is why I expect its control in the market to increase


 

Life is great and enjoy it

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I think Bitcoin will always dominates the crypto market, no any other coins will ever come close to it. There is a big difference between bitcoin value and demand as compared to other altcoins.

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On 4/5/2020 at 6:52 PM, Thekingcallme said:

Bitcoin will always remhain the dominant currency which places great hegemony on the market and that is why I expect its control in the market to increase

It will not always remain the dominant, becasue these other new coins have much more to offer than bitcoin, taking an example XRP.

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Nobody can accurately predict is the next price of bitcoin because bitcoin prices are changing rapidly and there are clear fluctuations between the high and low price as a result of the demand to buy bitcoin

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The dominance of the bitcoin will go a very long way in the future. The cryptocurrency market is not giving enough competition to it. Ether is the best of the rest and a distant second to bitcoin. 


My Altcointalks username —° Raqeebzy

 

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No doubt bitcoin is most powerful crypto currency in the crypto market and it have high share in market so any change in bitcoin also lead the market. 

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Bitcoin dorminance has to deal with the volume aspect of the bitcoin and bitcoin contribute to the 60% of the volume market, this make it possible for bitcoin to controll the altcoins we have in cryptocurrency

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