I am not sure I see that happening soon. BTC dominance is lowering as awareness of altcoin projects increases. In my opinion, in order for bitcoin to break through the resistance it saw at the 20,000 mark, we are gonna need some new momentum such as large players jumping in or regulation creating some stability.
There are just too many forks and too many profits being taken to really breakthrough at the moment.
With that being said, crypto time is much faster than real time.. so my prediction of no 26,000 soon will probably only hold for another month or two. There will be announcements in altcoins that wll spark new interest from virgin investors.
I am not sure I see that happening soon. BTC dominance is lowering as awareness of altcoin projects increases. In my opinion, in order for bitcoin to break through the resistance it saw at the 20,000 mark, we are gonna need some new momentum such as large players jumping in or regulation creating some stability.
There are just too many forks and too many profits being taken to really breakthrough at the moment.
With that being said, crypto time is much faster than real time.. so my prediction of no 26,000 soon will probably only hold for another month or two. There will be announcements in altcoins that wll spark new interest from virgin investors.
So far my prediction has held.