šØ Why Are Altcoins Stuck While Bitcoin Soars? The Shocking Truth Revealed! šØ
If youāre wondering why altcoins arenāt pumping while BTC hits $98,000, hereās the reality: Bitcoin Dominance is crushing the altcoin market.
š Current Scenario:
Bitcoin Dominance has skyrocketed to 61.44%, meaning most of the money in crypto is flowing into Bitcoin. This isnāt a coincidenceābig players like Michael Saylor are doubling down on Bitcoin, leaving altcoins behind.
ā” Why Arenāt Altcoins Moving?
1ļøā£ BTC in the Spotlight: As Bitcoin climbs to new heights, itās absorbing most of the liquidity, leaving little for altcoins.
2ļøā£ Market Dynamics: When BTC dips, altcoins usually crash harder. Investors prefer to play it safe with the "king" of crypto.
š” When Will Altcoins Shine?
Altcoin rallies typically start after $BTC hits a new All-Time High (ATH) and begins consolidating. Historically, Bitcoin Dominance peaks around 60-65% before declining, signaling a liquidity shift to altcoins.
š What to Expect:
ā¢ Altcoin Season Trigger: Once Bitcoin stabilizes after an ATH, expect funds to flow into altcoins.
ā¢ Patience Pays Off: This cycle has repeated in every bull run. Get ready now for the inevitable altcoin surge!