*RIP Q2 ALTSEASON 🪦📉*
*Bitcoin dominance* just hit a *new cycle high* — and that’s bad news for altcoins. 🟠👑
🧠 What’s Happening:
- *Bitcoin dominance = BTC’s share of total crypto market cap*
- When it rises, it means *more money is flowing into BTC* and *out of alts*
- Right now, investors are *seeking safety* in BTC during market uncertainty (war fears, volatility, liquidations)
💥 Why This Kills Altseason:
- Altcoins usually rally when BTC *moves sideways or slowly trends up*
- But when BTC dominates hard, it *sucks liquidity* from the rest of the market
- Alts bleed against both USD *and* BTC 🩸
🔮 Predictions:
- As long as dominance climbs, expect:
- *BTC outperforming everything*
- *Altcoin rallies to be short-lived* and mostly fakeouts
- Only a few strong narratives (AI, L2s, meme coins) might resist the bleed
- For altseason to return, we’d need:
- BTC to *cool down or consolidate*
- *Fresh retail/institutional inflows*
- Lower fear and more stable macro outlook
⚠️ Final Word:
For now, *altseason is canceled*. Sit tight, protect your bags, and don’t chase dying pumps.
BTC is the king for a reason — and right now, the market is *bowing to it*. 🧠👑📊
#BTCbelow100k #MarketPullback #IsraelIranConflict #SaylorBTCPurchase