I want to take a moment to address the question that’s on everyone’s mind: “Why aren’t altcoins pumping?”
At Cryptohood, we don’t just aim to earn but also to learn, so take a few minutes to read this as I explain the reasons behind this phenomenon.
🚀 The Current Scenario
At the time of writing, 1 $BTC is valued at $98,000.
Now, you might think that with Bitcoin’s impressive performance, altcoins should be surging too, right? But instead, they’re moving at a snail’s pace. And when $BTC takes a dip, altcoins tend to dump even harder. Why is this happening?
🧩 The Simple Answer: Bitcoin Dominance
Right now, Bitcoin Dominance has climbed to 61.44%, meaning that over 61% of the total money invested in crypto is tied up in Bitcoin.
If you had substantial capital to invest, wouldn’t you put it into the one asset that’s attracting major players and institutional interest (looking at you, Michael Saylor)?
📈 When Will Altcoins Rally?
Altcoin rallies typically happen when Bitcoin Dominance reverses its current uptrend and begins to decline significantly.
Here’s what usually triggers this shift:
Bitcoin Hits a New All-Time High: Once $BTC sets new records, it tends to consolidate or move sideways.
Liquidity Shifts: Investors then look to move their profits from Bitcoin into altcoins, anticipating higher gains.
This pattern has played out in previous bull runs, and it’s likely to happen again.
🕒 When Will Bitcoin Dominance Reverse?
Historically, Bitcoin Dominance peaks between 60–65%. We’re already in this range, so a reversal could be around the corner.
Keep an eye on $BTC’s price action—when it starts consolidating, it’s often a signal for altcoins to take the spotlight.
💡 A Word of Encouragement
I know it’s frustrating to see Bitcoin soar while your altcoin bags seem stagnant. But remember:
Patience is key in the crypto market.
You’ve survived the bear market, so this phase should feel like a breeze in comparison.
Use this time wisely—position yourself strategically for when the liquidity flows into altcoins.
The altcoin season is coming. Stay focused, stay patient, and stay informed.
Let’s ride this wave together! 🌊