#BTCHashratePeak
⭐The relationship between Altcoins, Dominance, and Bitcoin:
-Definition of Dominance: It is the percentage of Bitcoin's market cap, and the lower the percentage, the higher the chance for altcoins to rise.
🟢Increase in dominance + Increase in Bitcoin price = Decrease in altcoin prices.
🟢Increase in dominance, Decrease in Bitcoin price = Decrease in altcoin prices.
🟢Increase in dominance and Stable Bitcoin price = Stable altcoin prices.
🟢Decrease in dominance and Increase in Bitcoin price = Increase in altcoin prices.
🟢Decrease in dominance and Decrease in Bitcoin price = Stable altcoin prices.
🟢Decrease in dominance and Stable Bitcoin price = Increase in altcoin prices.
