Yesterday, BTC hit a NEW ATH ๐
#BTCdominance is hitting new highs every week ๐
Now the main question is When will our
#Alts pump?
First start with the
$BTC market cycle ๐
โฆ In the halving year, BTC historically outperforms alts, resulting in high BTC dominance.
โฆ This is due to supply crunch and
#whale accumulation.
โฆ This happened in 2012, 2016, 2020, and it's happening right now too.
Once BTC settles above its ATH, alts start to pick up ๐
BTC dominance starts to drop and alts mania kicks in.
In the past week, BTC dominance barely dropped and alts started pumping 30%โ50% in a day.
Imagine what'll happen when BTC dominance drops below 50% ๐
Think of your
#altcoins bag when BTC dominance drops below 40% or even 35%.
The biggest
#AltSeason will start, and we'll print crazy money ๐ค