#TrumpMediaBitcoinTreasury
It makes sense to say that Bitcoin dominance (BTC Dominance) has entered a phase of continuous rise, since the beginning of institutional and international direction towards Bitcoin, particularly after the introduction of ETFs that provide financial legitimacy to Bitcoin on a global scale.
Based on this, yes, there is a possibility that in the coming years we will see it fluctuating in a high range that could reach 90%.
However, does this mean the end of alternative currencies?
The answer is: No.
Alternative currencies will remain a halal financial leverage for Bitcoin and a way to hedge and invest within the market. With the expected market liquidity swelling to tens of trillions of dollars, even a small movement in Bitcoin dominance of just 0.01% will have a clear impact.
Even a decrease in dominance of just 0.5% may be enough to push alternative currencies towards a rise exceeding 100%.
But you must realize that your gains at this stage or in the coming years will entirely depend on your entry point, as well as your purchase price and timing.
It is indeed true that some currencies will disappear and others will emerge, but Bitcoin will remain the most prominent and central asset in the system.
For clarification:
Bitcoin's rise from 1 dollar to 100,000 dollars means a growth of 10 million percent.
While its rise [equal to 100 thousand], from 1 million dollars to 1 million and 100 thousand dollars is no more than just 10%.