No one said that this Bull-Cycle was going to be exactly the same as the previous ones but, despite the fact that BITCOIN is losing dominance, the total Crypto Market cap is breaking ceilings day after day, which is not much like what happened in the previous cycle.
In the previous cycle, in the so-called altcoin season that came after BITCOIN reached its highest point, both BTC and the total market cap were losing steam.
Today, this is not happening, FIAT money continues to enter the market and BTC is gradually losing dominance.
This is a new phenomenon in my opinion. It is possible that some large miners and big whales are already selling part of their possessions, but this time, in a more sustained way, without abruptly interrupting the market.
What seems to me is that BTC is working on the formation of its wave 4 within the bull market. The monthly RSI has not yet touched its previous highs in which BITCOIN collapsed for what appears to be a correction or, rather, a healthy consolidation of the market.
There are still at least 5 months of bull market if we trust the previous history and BITCOIN can still reach unsuspected heights at this time... can you imagine what many of the other crypto will do then?
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.