Bitcoin is setting new all-time highs every single day ๐
But when will the rally of the altcoins begin? When will our favorite altcoins start to rise?
The altcoin season is near, and there are indicators we all know, but here's one you may not have heard about. Letโs dive in! ๐
๐ Bitcoin Dominance
Bitcoin reached an all-time high with a dominance of 57.17%. Hereโs how the money flow works:
First, big investors flock to Bitcoin as it sets new highs ๐.
Once theyโve made gains, they move to Ethereum ๐.
After Ethereum, profits get booked, and large-cap altcoins like DOT, LINK, and NEAR start pumping ๐ฅ.
Finally, small and mid-cap altcoins see a rise, where many of us have our investments ๐ฐ.
As Bitcoin's dominance begins to decline, weโre already seeing large-cap altcoins making strong moves! ๐
Now, money will start flowing into the small-cap tokens โ where the real growth is for most of us! ๐
๐ Summary:
Watch for Bitcoin dominance to drop ๐.
Large-cap altcoins are showing strength ๐ฅ.
Small-cap tokens are next in line for growth ๐ฅ.
โก Always do your own research before making any investment decisions. โก