đšWhy Are Altcoins Not Pumping? âĄïžđšđš
Hereâs the Answer
Many of you are asking, âWhy are altcoins not pumping?â Let me explain. Right now, $BTC is at $98,000. Youâd think alts would be thriving too, but theyâre moving as slow as a turtle. When $BTC falls, alts dump even harder. Why? The answer is simple: Bitcoin Dominance.
Bitcoin Dominance has surged to 61.44%. This means 61.44% of all the money in crypto is invested in Bitcoin. If you had a lot of money to invest, wouldnât you choose the coin that powerful people like Michael Saylor focus on? The altcoin rally will happen when Bitcoin Dominance reverses and begins to decline significantly. This typically occurs after $BTC hits a new ATH and consolidates. At that point, liquidity flows into alts as investors believe the Bitcoin rally is over.
This pattern has played out in every past bull run and will happen again. Historically, Bitcoin Dominance peaks around 60-65%. Weâre either there or very close. Once $BTC consolidates, youâll see liquidity move into alts.
I know itâs frustrating watching $BTC pump while your altcoins seem stuck. But remember, you survived the bear marketâthis is just another step. Crypto is a game of patience. Use this time wisely to position yourselves for the upcoming alt season. Soon, the flow into alts will begin. Stay strategic, and remember: patience pays.
