Everyone is talking about $BTC dominance.
But no one seems to be talking about $BTC +stable coin dominance.
BTC+stable coin dominance just hit its multi-cycle resistance level and got rejected.
If BTC dominance goes down, it means people are swapping their BTC for alts.
But if BTC+stable coin dominance is going down, it means any fresh liquidity is going straight into alt coins.
This was something that happened in Q4 2020, which led to a 100x Alt season.
I guess history is about to repeat itself.
#TradeOfTheWeek #AltcoinSeasonComing #AltcoinSeasonLoading #AltcoinSeasonLoading