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Bitcoin just hit a new ATH and it's only $5K away from $100K. That is only a 5.26% move, let that sink in!

$BTC $95K

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Navigating the world of finance by day, pondering its flaws by night. ETH Maxi

I think once Bitcoin dominance drops we will finally see an alt season, the one we have been waiting for months

You're right, this cycle looks different with all these big key players, but if we do the same as previous cycles and BTC dominance drops at least 10% (from 61% to 51%) that's around 300B to flow into ETH and other alts/memes.

In a perfect world I would expect to see a higher bitcoin price with a lower dominance which would lead to higher prices on other tokens as well. Is that possible? idk, I just hope it can happen

Do you think that will happen though? This cycle is unique because of access to BTC via ETFs and Trump’s open support of Bitcoin. I really hope it does, but it feels like a different ball game. On the other hand, usually BTC runs up first before ETH has its moment in the spotlight. I just hope when BTC hits a wall at $100k and comes crashing down, that it doesn’t drag everything down with it. 😬