🚨 How Bitcoin Dominance Affects Altcoins: A Key Indicator! 🚨
🔑 Bitcoin Dominance refers to Bitcoin's market share compared to the entire crypto market, and it plays a huge role in how altcoins perform! 💡
📊 When Bitcoin Dominance Increases:
Capital flows into Bitcoin, which typically leads to altcoins losing value relative to Bitcoin.Altcoins struggle to outperform Bitcoin in a bull market.
📉 When Bitcoin Dominance Decreases:
Altcoins gain market share and price increases, often leading to an altcoin season where altcoins rise faster than Bitcoin.
🎯 For Traders:
Higher Dominance = Focus on Bitcoin.Lower Dominance = Opportunity in altcoins!
Understanding BTC Dominance helps you navigate market cycles and decide where to allocate your investments. ⚖️
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