The BTC Dominance Cycle!

Good morning Crypto Nation! Because many do not understand what is happening with altcoins, I will quickly comment on what is happening.

Even with $BTC around 69,000 and a trading volume of 70 billion, most altcoins are falling back and that is due to the growth of dominance.

In simple terms, dominance is the market share occupied by BTC, which has a cyclical behavior. In this case we are in the first phase: BTC rises, dominance also, altcoins fall.

For us to have growth in altcoins we should expect a BTC LATERAL, that is, in a range while dominance falls. The worst scenario would be that dominance increases and BTC falls, that phase is the most destructive for the price of altcoins.

Either way, stay calm.

Citizen Crypto says goodbye!