I love to explain to you why Bitcoin is rising these days 🚀 while most of the other currencies are either stable 🟰 or declining 📉
The main reason is that Bitcoin’s dominance is currently at its highest levels 📊
This simply means that most of the liquidity entering the market is going to Bitcoin 💰 and not to alternative currencies.
In reality, this is considered very negative for the other currencies ❌ because there is not enough liquidity being pumped into them.
When Bitcoin's dominance increases, it negatively affects the rest of the currencies.
But as soon as the dominance starts to decrease, it becomes a positive indicator for alternative currencies ✅
So those who are following the market must pay attention to this indicator because it makes a big difference in timings and strategy ⏱️
#MarketRebound #MarketRebound #SaylorBTCPurchase #WhaleJamesWynnWatch #BinanceAlphaAlert
