Reminiscent of the Highlander films: “There can be only one” Seems Bitcoin dominance is crushing:

Crushing Bitcoin Dominance Could Decimate Altcoins Through Q1 2021

The last time BTC dominance broke up and left altcoins behind, was in 2019 when Bitcoin exploded to as high of $13,800.

The leading cryptocurrency by market cap is more bullish this time around, and only has that resistance level above $12,000 to contend with before a new all-time high is set.

Investors know this, and could be moving capital out of altcoins and into Bitcoin, as BTC.D shows.

The last two weekly candle closes above the mid-BB, resulted in a push to the top Bollinger Bands, and an average of a 38% rise. Another rise of similar stature would take BTC.D to as high as 83% dominance.

Full article here: https://www.newsbtc.com/analysis/btc/crushing-bitcoin-dominance-could-decimate-altcoins-through-q1-2021/