Market Cap BTC Dominance, %Éducation
🔥THE BEST TIME TO BUY ALTCOINS: DOMINACE AND ALTSEASON
🔥 Hi friends! All you know and like the time when altcoins make +50-100% or more profit just in 1-2 weeks. Most of the traders enjoy this time. Dominance is a key thing that helps us to identify such periods (altseasons) and buy alts in time.
đź“Š WHAT IS ALTSEASON AND WHY DOES IT HAPPEN?
Altseason is a time when most altcoins grow by 30% or more.
THE TWO MAIN REASONS OF ALTSEAON:
1. BTC capitalization outflow and its inflow in altcoins (dominance fall).
đźš© Dominance is the ratio between the total value of all Bitcoins to the total value of the crypto market ( Bitcoin + altcoins). Altcoins start ti griw when it falls.
Bitcoin currently has a $320 billion capitalization and for Bitcoin these $1-2B globally do not mean anything. As the altcoins have a lower capitalization, when $1-2 billion from Bitcoin flows into any altcoin, it can grow by 100% or more. With large outflows (10-20% of Bitcoin's capitalization), the growth of all altcoins (altseason) begins.
2. huge money inflow in altcoins during periods of "greed", when crypto market makes new ATH or BTC is at the last stage of bull market (parabolic growth). The BTC dominance falls in this case too.
All you know the periods when BTC make a new ATH and this is a most comfortable time to grow your deposit - everything is just exploding.
âś… As Bitcoin is still far from its highs, which is the second reason for the growth of altcoins, we should look for the first reason, which is the flow of money from BTC to altcoins now. Our main task is to buy good altcoins just before the altseason.
đź“Š WHEN WILL THE NEXT ALTSEASON START?
Friends, as you can see on the chart, the altseason begin when the BTC dominance falls. Now we should expect the next atseason when BTC reaches 50-54% of dominance.
âś… The altcoins start PUMPS during this dominance fall as was shown at 1 and 2 cases.
Friends, I will publish a list and trading setups of the best altcoins when that time comes. Let me know which altcoin I should pay attention to. Write it's ticker in the comments.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
đź“Š WHAT IS ALTSEASON AND WHY DOES IT HAPPEN?
Altseason is a time when most altcoins grow by 30% or more.
THE TWO MAIN REASONS OF ALTSEAON:
1. BTC capitalization outflow and its inflow in altcoins (dominance fall).
đźš© Dominance is the ratio between the total value of all Bitcoins to the total value of the crypto market ( Bitcoin + altcoins). Altcoins start ti griw when it falls.
Bitcoin currently has a $320 billion capitalization and for Bitcoin these $1-2B globally do not mean anything. As the altcoins have a lower capitalization, when $1-2 billion from Bitcoin flows into any altcoin, it can grow by 100% or more. With large outflows (10-20% of Bitcoin's capitalization), the growth of all altcoins (altseason) begins.
2. huge money inflow in altcoins during periods of "greed", when crypto market makes new ATH or BTC is at the last stage of bull market (parabolic growth). The BTC dominance falls in this case too.
All you know the periods when BTC make a new ATH and this is a most comfortable time to grow your deposit - everything is just exploding.
âś… As Bitcoin is still far from its highs, which is the second reason for the growth of altcoins, we should look for the first reason, which is the flow of money from BTC to altcoins now. Our main task is to buy good altcoins just before the altseason.
đź“Š WHEN WILL THE NEXT ALTSEASON START?
Friends, as you can see on the chart, the altseason begin when the BTC dominance falls. Now we should expect the next atseason when BTC reaches 50-54% of dominance.
âś… The altcoins start PUMPS during this dominance fall as was shown at 1 and 2 cases.
Friends, I will publish a list and trading setups of the best altcoins when that time comes. Let me know which altcoin I should pay attention to. Write it's ticker in the comments.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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