🚨🚨BTC and ALT season dominance🧐🧐
Despite the political mood and economic trends, while the decline in BTC dominance is followed by the growth of altcoins, in the current cycle the process is delayed. Bitcoin halving, which often precedes volatility and growth, does not have the same impact that can be correlated with active selling factors by Western governments and creditors of Mt. GOX. This provides additional pressure, delaying the potential take-off of altcoins. This can also be said to be a fixed time to add loads if you look at the BTC trend pattern which tends to balance after experiencing a decline from $60,000 yesterday.
When this pattern is balanced, Alt coins actually experience an increase after ETH's movement aligned with BTC. This happened If Bitcoin dominance continues to decline and the economy stabilizes, we could see a rise in altcoins. If external factors continue to have a negative impact, the altcoin season may be postponed to a more favorable time. Additionally, don't forget scenarios where a new cycle forms with another leader and pattern. 🧐Please remember that this is my personal view, there is no intention to invite you to buy or sell your assets, all forms of trading that you do are your own responsibility. Keep smiling 😊
