Wondering Why Altcoins Aren't Moving Yet? 🤔
With Bitcoin soaring to $72,000, it's all about Bitcoin's Dominance right now, sitting at roughly 60%. This means the majority of crypto money is currently concentrated in BTC, limiting the momentum for altcoins.
So, when's the next big Altseason? 🚀
Typically, liquidity flows into altcoins once BTC reaches new ATHs and starts trading sideways. That's when we see those incredible returns in just a short time. This pattern has repeated across past cycles, and it’s shaping up to happen again! 📈
Historically, Bitcoin Dominance tends to peak around 60% before shifting.
#Bitcoin #BTC #Crypto #Altseason #CryptoMarket
