I expect that we're facing to a bullish market for altcoins.

Altcoins have been emerging since 2011. After 2015, the altcoins market cap has been exponentially growing. Between 2015 and now, there were 2 Bitcoin(BTC) halvings.

The dates are July 2016 and May 2020. In order to predict the following months of market conditions, we need to take a look at the back data of BTC dominance chart. I think we can extract some trading ideas from that.

After 2015, there was BTC halving in July 2016. Since 6 months ago of the BTC halving date, the BTC dominance had been decreasing. As soon as passing the halving date, the dominance collapsed, which means alt coin price surged.

Alright, let's take a look another data. There was the latest BTC halving in May 2020. It's also decreasing since 6 months ago, and as soon as passing the halving date, it collapsed, which means altcoins skyrocketed.

We have around 6 months left untill the next halving. So, I expect that an altcoins bullish market will be starting soon. After passing the next halving date, the dominance would be collapsing. I think it would make a new ATL around 20%.

I recognize the BTC is one of excellent assets in the world. But, time goes by, numeros devs have been pouring to energy to make better platforms like De-Fi platforms, CEX(Centralized Exchanges), DEX(Decentralized Exchanges), liquidity pools such as Uniswap, etc. Over time, the more platforms with better functions will be emerging to us. So, that's why I expect that the BTC dominance will decrease.