Bitcoin Dominance BTC.D, surely everyone wants the BTC Dom scenario as shown in the picture, right?
The condition for Altcoin Season, surely everyone knows that Bitcoin must grow to a high price range and create great fomo and marketing for the market.
In addition, after Bitcoin grows, when investors feel that buying Bitcoin is less profitable, they will tend to switch to trading Altcoin. Then, related to the BTC.D index, that is, Bitcoin Dominance, when people tend to Swap BTC to altcoin, DOM will decrease, and that time is the strong growth of Total 3, helping Altcoin to explode strongly.
If we look at the time in 2021 when BTC broke through ATH and Dom started to release strongly, it was December 2020 and altcoins at that time started to enter a strong wave, currently we are in the middle of November, so if we follow history, at the end of December, about a month from now, we will have an altcoin season and Dom will start to break strongly.
Basically, if BTC corrects slightly and then goes to a new ATH zone, for example 100k$ , then around that time Bitcoin releases Dom and BTC.D to the areas below, for example 55%->50%->40%, then we will have a true Altcoin season.
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