🍸Bitcoin, what is happening with it and who benefits from it.
Bitcoin has hit its historical ATH and all the crypto market enthusiasts are glued to the charts hoping to see $300,000 for Bitcoin and the start of alt season, not quite understanding what is happening.
But here’s the problem, alt season will begin when Bitcoin's dominance falls, not when it sucks in even more liquidity. Based on this - stagnation or a slight correction in Bitcoin will be much more beneficial for the long-awaited alt season, but try explaining that to the crowd…
❗️The concluding and most important point regarding alt season.
It’s not 2021 anymore and growth across all your coins is not visible, there are incomparably many coins now and liquidity will not be enough for all, I’ll say more - there won’t be enough money for pumping for the majority of coins. Only those narratives will shoot that have big players involved, the market is moved by a few large wallets, not millions of enthusiasts.
🤝Whoever read to the end - you are the winner, I shake your hand.$BTC