๐ชโจ Bitcoin dominance rising again? Here's what it means for altcoins!
Bitcoinโs market dominance is climbing โ currently nearing 55%, the highest level in over a year. Historically, when $BTC dominance rises, it often leads to an altcoin cooldown. Why? Because more capital rotates into Bitcoin during times of uncertainty or pre-halving accumulation phases.
But donโt panic if you're an altcoin holder โ this might also be the calm before the altseason. In past cycles, a surge in BTC dominance was followed by a massive altcoin rally once Bitcoin stabilized.
Smart investors now: ๐น Rebalance their portfolios ๐น Watch for key dominance levels (like 58%+) ๐น Stay alert for breakout signals on major altcoins like $ETH, $SOL, $BNB
Remember, crypto moves in waves. Riding the wave requires timing โ not panic.
๐ What do you think? Will BTC 6 break out and pull the market up, or are altcoins about to explode next?
