@stock_strategist_uaggd Yep, that's kind of logical. If the crypto sentiment is positive but BTC has already been pumped, the altcoins will follow. We don't know what drugs he's taking 😅
@stock_strategist_uaggd I realize you seem to know very little about about the market, but I would like to explain briefly for beginners: When the market market dominance of BTC falls the altcoin season begins or ? Have a look on the trends it is called the altcoin season when the altcoins are more dominant and when has an altcoin season always started? Exactly at the point where people lost interest in BTC and invested in altcoins invested in altcoins
@stock_strategist_uaggd I'm not saying that it will rise immediately when BTC falls, the panic will catch on at some point and then the altcoins will come along
Good luck then. Well... take another look at what exactly BTC dominance means. Example: Bitcoin loses 10%, altcoins then of course even more = dominance goes up.
If, as indicated in your chart, BTC falls to 30k usd, we see dominance at over 70%. Bet?
@stock_strategist_uaggd hey I would like to give you the opportunity to explain this again in more detail yourself - maybe you will notice the mistake or maybe I just misunderstood you. Good luck to you too
Bitcoin dominance goes up if either btc goes up and alts (all together) go down OR Bitcoin goes down and altcoins go up significantly. Bitcoin dominance on the rise since 2022. This will continue for the time being
