Good point about some of the BTC gains moving into alts and memes. Some will go back to dollars but the alt season has definitely begun.
RE: BITCOIN VS BITCOIN DOMINANCE THOUGHTS
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BITCOIN VS BITCOIN DOMINANCE THOUGHTS
Looking at previous bull run and when alt coin start pumping btc needs to drop in it dominance to about 50 downward that's when we can start seeing crazy run from altcoin
As at the moment altcoin are still dormart and still at the accumulation phase.
What about the bull runs before that, did alt season also begin at 50% dominance?
Yeah, you can cross check from the chart of 2021/22 bull market. The btc dominance is dropping just keep watching and see. After it gets below 55 at btc dominance you will see some altcoin start getting up.
The money flow has to move from btc to high. Marketcap altcoin then before moving to mid and low marketcap then move forward to memecoin before the bear season will come in