Altcoins Starting to Bump and Bitcoin Takeover Starts to Drop
“Bitcoin at $95,000”
This is just the beginning.
All we need is a reversal of Bitcoin dominance.
Bitcoin dominance is now at 58%.
So we’ve barely begun to figure out what a full altcoin season will look like.
58% of all money invested in all cryptocurrencies is still in Bitcoin right now.
I expect Bitcoin dominance to be somewhere in the 40-45% range by the end of this cycle (based on past history).
So we still have 13-18% left.
That’s enough room for some crazy altcoin bumping.
Imagine what we’ve seen over the past few days, but every day.
5x-10x returns in a matter of weeks (and more for the big altcoins).
That’s what’s happened in the past few cycles.
And that’s exactly what’s happening again.
