Bitcoin Oracle Poppe: Get Ready, Altcoin Party Begins!

Will Bitcoin dominance collapse?
In the crypto money industry, altcoins have been showing upward movements in recent days. The accumulation of the leading cryptocurrency Bitcoin (BTC) at the level of 30 thousand dollars has increased the interest in altcoins.
Although the much-anticipated altcoin rally hasn't started yet, even small bullish movements keep crypto investors hopeful for the coming months.
As of now, it is seen that the Bitcoin dominance table is still in the range of 50 - 52 percent. The fact that BTC dominance does not sag below 50 percent causes altcoins to be suppressed.
Is Altcoin Rally Starting Now?
Michael Van De Poppe, a name closely followed by cryptocurrency investors, has analyzed the Bitcoin dominance chart as of today.
Underlining that the dominance of Bitcoin has reached the resistance of 52.18 percent, Poppe expects the BTC dominance table to collapse in this region by forming a double peak in the future.
The successful analyst, who thinks that Bitcoin dominance will decrease to 40 percent in the coming period, is estimated that the much-awaited altcoin rally will begin in this process.
Although the leading cryptocurrency Bitcoin (BTC) has experienced a 100 percent rise as of this year, many altcoins continue to accumulate at historical lows.
In the future, the decline of Bitcoin dominance to 40 percent may lead to huge rises in altcoins.
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