#AltcoinSeasonComing
Bitcoin's dominance has started to decline and is on its way to collapse, which means that traders have begun to withdraw liquidity from Bitcoin and inject it into alternative currencies, and this will cause an explosion in the alternative currency market.
Because just a small amount of liquidity in these currencies makes them rise by very high percentages, unlike Bitcoin, which needs very high liquidity to achieve the same rate of increase.
So why is the price of Bitcoin increasing even though its dominance is decreasing? The reason for this, in short, is (saturation as I explained above). If Bitcoin is increasing by
5% while currencies like $ETH or $SOL or $ID are increasing by rates like 20% or more, then Bitcoin's dominance decreases proportionately.
People have made profits from Bitcoin and have started injecting them into different currencies to achieve new profits, and so on.
The decline in Bitcoin's dominance = the rise of alternative currencies.
