Shifting focus from BTC price to BTC Dominance (BTC.D) is a strategy worth considering, especially for investors holding altcoins. Some key points to note:
1. BTC has done its job of attracting money
BTC price used to be a major draw for the market, but now the focus may be shifting to long-term technical and strategic factors, such as BTC.D.
2. BTC Dominance (BTC.D) and altcoins
• When BTC.D falls, it is often a sign of money moving to altcoins.
• RSI divergence across timeframes (4h, daily, weekly) is a technical signal to watch, but further confirmation is needed before making a decision.
3. Psychology and investment plan
• Being comfortable and not being affected by small fluctuations is a big advantage.
• Emphasizes the importance of patience and discipline in investing.
4. Warnings and reminders
• It is very important for everyone to take responsibility for their own assets, avoiding complete dependence on external analysis.
This is also a timely encouragement for those who are impatient. Wishing the community to achieve their investment goals as expected!
