The cryptocurrency market is experiencing a rise driven by Bitcoin, which is pleasing many investors. Some crypto investors believe that an ascending triangle is forming on the Bitcoin dominance chart, suggesting a potential increase in Bitcoin's market share. However, there are opposing views on this trend.

Benjamin Cowen, a crypto investor and founder of Into The Cryptoverse, shared with his followers that Bitcoin's dominance is likely to increase soon. The ascending triangle pattern on the chart indicates consolidating between an upward trend line support and a horizontal resistance trend line. Beanie, another crypto investor, noted that Bitcoin's dominance has been making a comeback, especially during bear markets when investors prefer its stability.

Contrary to the bullish sentiment, some investors, like Zero Ika, believe that Bitcoin's dominance is actually showing a long-term downward trend when looking at the bigger picture. Despite reaching all-time highs, Bitcoin's dominance has fluctuated over the years but currently stands at 50.1%.

There is ongoing debate among investors about whether Bitcoin's market share will continue to rise or decrease in the long run.