🔥 Chart #Bitcoin Dominance
In the image, you can see the chart of Bitcoin Dominance - representing the percentage of Bitcoin's market capitalization compared to the entire market.
If this number increases, it means money is flowing into Bitcoin and other coins are being drained.
In the most recent video on YouTube, I mentioned that we need to pay attention to it because we are currently at a 3-year resistance level (around 60%). If we can maintain this level and go down, we will see Alt season. Otherwise, 😅 altcoins will drop further, and the positive outlook is that you will have the opportunity to buy more coins at a lower price.
So let's observe its movements in the coming days together
