✔️✔️BTC Dominance Cycle ✔️✔️
Understanding Bitcoin's dominance in the market can help you make better trading decisions. Here's how it works:
✅When Bitcoin's dominance is high✅
🔘 If Bitcoin's price goes up, altcoins (other cryptocurrencies) usually go down.
🔘If Bitcoin's price goes down, altcoins might go down even more.
🔘If Bitcoin's price is stable, altcoins are usually stable too.
💸When Bitcoin's dominance is low💸
🔘If Bitcoin's price goes up, altcoins might also go up.
🔘If Bitcoin's price goes down, altcoins might be more stable.
🔘If Bitcoin's price is stable, altcoins might start to go up.
🥇To profit from these trends🥇
🔘When Bitcoin's dominance is high, focus on trading Bitcoin.
🔘When Bitcoin's dominance is low, consider investing in altcoins.
🔘Keep an eye on Bitcoin's dominance percentage and market trends to make informed decisions.
Remember, understanding Bitcoin's dominance can help you predict altcoin trends and make better trading decisions.
