The current weakness in Bitcoin's price below $100K and the decline in altcoins has puzzled many. Altcoins are facing selling pressure while Bitcoin has recovered slightly. The lack of upcoming events to boost altcoins and the time it takes to implement crypto regulations suggests that altcoin selling pressure may continue. Historical cycles show that altcoins mirrored Bitcoin's volatile patterns, but in the current era, Bitcoin has experienced significant gains driven by institutional investments and government involvement in Bitcoin mining. Altcoins, on the other hand, have fallen behind, with only a few managing to grab attention. Some traders suggest a potential altcoin revival based on technical patterns, but others argue that unless Bitcoin dominance reaches 71%, any altcoin rally will be short-lived. Bitcoin holds the key to the next big shift in the crypto market.



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