Bitcoin Dominance Does Not Signal Altcoin Season, Here’s Why

Bitcoin Dominance Does Not Signal Altcoin Season, Here’s Why

The number designating the dominance of Bitcoin (BTC) may be a faulty metric, especially when estimating the potential of altcoins. Instead, the metric has been proposed as a way to gauge the market direction. The size of the BTC market capitalization has been criticized as flawed, as not all coins in circulation can be sold at the market price for the moment.