BTC #Dominance topped.

It's the third time $BTC dominance was near or at 57%. The last two times that this happened it decreased over the following days towards 53,5%.

It does not sound like much. But in such phases altcoins were able to gain significantly. Because their marketcap is so much lower than bitcoin's, in a phase where bitcoin dominance decreases by 3%, alts are usually able to gain in the range of 20% to 50%.

Honestly I am relieved to see that the markets downturn haltet for the moment. And it should continue to be good for #Altcoinseason2024 for a couple of days considering how bitcoin's dominance started decreasing.

I hope you did not panic sell during the last couple of days. I was lucky to buy into $GRT at the low.