❗️ Quick $BTC Update ❗️
Bitcoin just hit $66,000. Good sign for bulls,
But if you are holding alts, DO NOT Panic,
I repeat do not panic and stop comparing alts vs btc move, when such pumps occur, they bring liquidity to bitcoin, new injection of money focuses BTC, which brings panic and people start transferring funds from alts to BTC results bleeding for alt market,
In simplest layman’s words
Once btc takes takes break, money will flow into alts and they will start pumping, (BTC dominance cool down)