When is the Alt Coin Rally? and When will the bull market start?
First of all, what is rally? Let's answer this together.
A rally generally refers to a period in which prices increase in financial markets. It covers periods of time during which the price of a particular asset rises significantly, especially in the stock market or cryptocurrency markets. This rise usually continues over a period of time, and investors often buy the asset to make a profit. Rallies can be triggered by a variety of factors, such as optimism in the markets, increased demand, positive news, or the formation of certain patterns in technical analysis.
One of the things we need to know in order to understand all this is what #Bitcoin Dominance means.
Now let's move on to this.
BITCOIN DOMINANCE
Bitcoin dominance is a measurement that shows what share of the entire cryptocurrency market Bitcoin has relative to the total market value. If Bitcoin dominance is high, it means Bitcoin has a larger market share than other cryptocurrencies. On the other hand, the low dominance of Bitcoin indicates that other cryptocurrencies have more market share than Bitcoin. Bitcoin dominance is often used to evaluate trends in the cryptocurrency market and changes in Bitcoin's leadership position.
Best regards to all my friends who have read this far ❤️
#Kriptocutrader #Write2Earn @Richard Teng @CoinMarketCap_official
