#hi this is my first post | Axel Bitblaze on Binance Square

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#hi this is my first post

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Narratives in the crypto space and how to spot them early and strategies to benefit from them

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Good Morning ☀️ As we get closer to #Bitcoin halving, the dominance of Bitcoin may get higher, and we may see a capitulation in low caps. This isn’t a new phenomenon; it’s a trend that has been observed in previous cycles. - $btc tends to pull ahead, drawing liquidity and attention. - Many altcoins, especially smaller, less established ones, can experience a decline. The key is understanding the cycle, being prepared, and making informed decisions. However, this phase, often characterized by increased Bitcoin dominance, isn’t a dead-end for altcoin investors - It’s a phase of accumulation. - It’s a time to look at quality altcoins and Bitcoin proxy bets that have the resilience to weather the storm. - These assets can offer opportunities for those with strategic and patient approaches. So, while the spotlight may be on #Bitcoin leading up to the halving, remember that the crypto market is dynamic - Altcoins can and have rebounded in the aftermath. - They turn the tables and offer substantial gains for those who held on or entered at the right time. its difficult to predict the exact date as it depends on the block height. Since halving happens every 210,000 blocks, it is expected to occur in April 2024 when the block height reaches 840,000 #bitcoinhalving #bitcoin $BTC

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