$BTC $100K BTC Will Take Some Time
Ok then. We finally had that moment.
$90K BTC - Nearing the iconic $100K level and retracting back. And this was needed for the greater good. 🪙THE ALTCOINS.
For altcoins to soar, the BTC.D needs to go down. Today after hitting $90K, a milestone achieved for the first time, price breached the oversold zone.
A sell off was necessary. This is the time when BTC could be hovering between the $89K-75K zone before heading towards the $100K landmark.
And this is where Alts will have the upper hand. As the dominance will go down, the alt mkt cap will shoot up. We will experience the best alt season ever.
Why the dominance fall?
It's the circle. After BTC hits a milestone high during a bull run, the money then flows to the altcoins. The very old reason for the altcoin market cap to go parabolic.
