Bitcoin DominanceđŸ”» and ALTS âŹ†ïž

Yesterday I took a screenshot and made a forecast of an obvious decline in Bitcoin dominance BTC.D to 54.9%. This is the most important indicator for altcoins. It means that money from Bitcoin begins to flow back into altcoins.

Let's hope that the 57% Domination value was the peak. I expected to see 60% in the darkest forecast, but fortunately this did not happen. If the trend continues, a downward trend in dominance will begin with a target of 40-45% within six months. And this will mark the beginning of the real altseason, which we have been waiting for so long. Since many altcoins are still very far behind Bitcoin in terms of growth rates.

#BTC #Bitcoin #ETH #crypto