#MarketCorrectionBuyOrHODL

💡 WHAT IS BTC DOMINANCE? 💡

BTC Dominance (BTC.D) is an index that reflects the market capitalization ratio of Bitcoin compared to the entire crypto market. This is an important tool that helps investors analyze market trends.

🔹 Increasing BTC Dominance:

Usually indicates that capital is concentrating in Bitcoin. This can occur when the market is declining (investors seeking refuge) or when Bitcoin leads a significant price surge.

🔹 Decreasing BTC Dominance:

Indicates a shift of capital towards Altcoins (other coins). This is a sign that Altseason (Altcoin season) may be approaching.

Understanding BTC Dominance helps you devise appropriate strategies for each phase of the market! 🚀

#BTCdominance #Crypto #CryptoKnowledge