Why Are Altcoins Struggling While Bitcoin Soars? The Shocking Truth! šØ
If youāre puzzled about why altcoins aren't seeing any movement while $BTC hits $98,000, hereās the reality: Bitcoin Dominance is dominating the market.
š Current Situation: Bitcoin Dominance has surged to 61.44%, meaning the majority of the capital in the crypto market is flowing into Bitcoin. This trend isnāt accidentalābig players like Michael Saylor are making bigger Bitcoin investments, leaving altcoins behind.
ā” Why Arenāt Altcoins Rising? 1ļøā£ BTC Takes the Spotlight: As Bitcoin rises, it absorbs most of the liquidity, leaving little for altcoins. 2ļøā£ Market Behavior: When $BTC falls, altcoins usually suffer more. Investors are sticking with the "king" of crypto for now.
š” When Will Altcoins Rise? Altcoins typically begin to rally after $BTC reaches a new all-time high (ATH) and starts consolidating. Historically, Bitcoin Dominance peaks between 60-65%, then begins to drop, signaling that liquidity is shifting to altcoins.
š What to Expect:
Altcoin Season Trigger: After $BTC stabilizes following a new ATH, expect significant capital to flow into altcoins.
Patience Pays Off: This pattern has repeated in every bull market. Get ready for the upcoming altcoin surge.
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User Comments:
junnnu Locker: Why are low-volume coins skyrocketing then?
Feed-Creator-44aed49273db05ad17e1: When is alt season?
Mad Titan: Alt season likely begins when BTC Dominance falls below 60%.
pessista e nĆ£o desista: Donāt sell your altcoins now, these declines are meant to make you give up.
Lu Requena AQr5: Should I sell BTC and buy altcoins now? I bought BTC at $30k.
LiuYangBarimen: Yes, but consider altcoins like Ethereum or AVAX.
SamRicky: Crypto trading has no formula. Itās all about playing smart and safe.
Square-Creator-0c3e135bdc1786d8f752: I agree.
Faint: Glad you shared the secret.
Cripto Educa: When BTC dominates, whales are in Bitcoin. When it corrects, they move to altcoins with the profits made.