📈 How does Bitcoin influence altcoins? Analyzing market patterns
Bitcoin is not just the main cryptocurrency, it's an indicator of the overall market sentiment. Its movement directly affects altcoins, but not always in an obvious way:
🔹 BTC rises — do altcoins stay the same or fall?
When Bitcoin sharply goes up, investors' attention is focused on it. Altcoins often lose value or move sluggishly.
🔹 BTC stabilizes — does altseason begin?
After Bitcoin's rise, if it "calms down", capital begins to flow into altcoins. This is what altseason means.
🔹 BTC falls — does everything fall?
Almost always. Fear in the market forces selling of everything — both BTC and altcoins.
📊 Keep an eye on BTC dominance (BTC.D)
- Rising BTC.D → Bitcoin dominates
- Falling BTC.D → Altcoins come to life
💡 Tip:
If you want to catch altseasons — monitor BTC phases and the dominance indicator.
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