Also a few words regarding the Altcoin Season Index and BTC Dominance.
🫣 The Altcoin Season Index is a metric that tracks the dominance of the top-50 (in other sources top-100) cryptocurrencies compared to Bitcoin (BTC). The index value represents the number of assets in % ratio that have shown better results than BTC over the last 90 days.
🟠The Altcoin Season Index is moving according to the indicated long-term forecast and is currently close to the mark of ~50. The real epic will begin when the index reaches the mark of 75+🔥, which will signify the start of a full-fledged AltSeason that all crypto enthusiasts are eagerly awaiting.
😰 BTC Dominance — an index reflecting the percentage share occupied by Bitcoin relative to the market capitalization of all cryptocurrencies.
Decrease in the index = liquidity pumping💲 (+ flow from BTC) in the alt market.
✔️BTC Dominance, after almost 3 years of upward movement, has reversed from ~66% down — exactly as predicted.
These indicators have an inverse correlation:
Rise of one🔼 = fall of another🔽
And they are both moving in line with our long-term expectations, confirming and reinforcing the correctness of the decisions made👍 — this is certainly encouraging.
😠🙄Another question is whether you can maintain a "clear-headed" view of what’s happening considering the constant manipulative component? Will you always be able to play this "game" from a winning position?
🫤 I know it’s tough, that’s why this is the place where you will learn the rules of this "game" and always get help to gain a true perspective on the market 😍