Yesterday, Bitcoin achieved a new All-Time High (ATH), and BTC dominance has been climbing steadily every week. A frequently asked question is: When will altcoins start to pump? Letās break it down.
š The BTC Market Cycle:
During halving years, Bitcoin historically outperforms altcoins due to high dominance, driven by supply shortages and whale accumulation.
We saw this pattern in 2012, 2016, 2020, and itās repeating now in 2024.
š What Happens Next?
Once Bitcoin stabilizes above its ATH, altcoins typically start gaining momentum.
BTC dominance decreases, and the altcoin market enters a mania phase.
š Key Observations:
BTC dominance has barely dropped, but some alts have already surged by 30ā50% in a single day.
Imagine the explosive growth when BTC dominance falls below 50%, 40%, or even 35%!
š” Pro Tip: Keep an eye on your altcoin bags. The biggest Altseason is approaching, and those who are prepared will ride the wave to massive gains.
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