The Decline of Bitcoin Dominance: $BTC What Does This Mean for Altcoin Traders? 🚨🦅
Bitcoin has led the market for months... but its dominance is now waning.
This shift may indicate one thing: the altcoin season is heating up.
Here’s what it means for you 👇
1. Funds are shifting to altcoins
When Bitcoin's dominance declines, it usually means that traders are reallocating their investments to altcoins with higher risks and rewards.
2. Altcoins may outperform Bitcoin
Historically, a decline in dominance leads to significant movements in altcoins - especially top-tier coins, decentralized finance, and meme coins.
3. It’s time to watch trading volume and breakouts
Start tracking altcoins with increasing trading volume and strong narratives. These coins are often the first to move when dominance shifts.
The chart indicates that Bitcoin's control is fading.
Traders say: "The rotation season has begun