BTC Dominance

BTC dominance has broken around 6 months of consolidation and is currently at 55.72%, meaning money is flowing out of most alt coins and moving into BTC. At such or higher levels most if not all Alts will drop in price high to mid caps (as we already know when BTC dominance rise, alts drops because of money flows).

It is expected that BTC dominance or BTC.D due to halving will rise to 59-60% and then take a drop from there to below 50%. That in my opinion will be a good time to buy and accumulate alts as alt season will start after BTC halving.

This is not a financial advice, please do your own research (DYOR) also keeping in mind the developing geopolitical situation, use proper risk management..

#btc #bitcoinhalving #bitcoindominanacecycle