BTC Dominance Falling Doesn't Automatically Mean Altseason
This one causes a lot of confusion.
People see Bitcoin dominance falling and immediately say:
“Altseason!”
I wouldn't jump that quickly.
$BTC dominance only tells us Bitcoin's share of the total crypto market.
The more useful question is:
Where is that capital going?
Here's how I look at it.
BTC dominance ↓
Good sign? Maybe.
Then I check:
Is ETH outperforming BTC?
Are large-cap altcoins outperforming BTC?
Is market breadth improving?
Are trading volumes increasing?
Are multiple sectors participating?
Because there's a big difference between:
BTC dominance falling because capital is rotating into strong altcoins
and
BTC dominance falling because the whole market is getting weaker.
Same chart.
Completely different story.
So I don't call something “altseason” just because BTC.D moves lower.
I want to see capital rotation confirmed elsewhere.
Follow @Sulaiman 零号猎人
What do you watch alongside BTC dominance?
#BTCDominance #BitcoinRotation #AltcoinFlows #BTCvsAlts #MarketBreadth
This one causes a lot of confusion.
People see Bitcoin dominance falling and immediately say:
“Altseason!”
I wouldn't jump that quickly.
$BTC dominance only tells us Bitcoin's share of the total crypto market.
The more useful question is:
Where is that capital going?
Here's how I look at it.
BTC dominance ↓
Good sign? Maybe.
Then I check:
Is ETH outperforming BTC?
Are large-cap altcoins outperforming BTC?
Is market breadth improving?
Are trading volumes increasing?
Are multiple sectors participating?
Because there's a big difference between:
BTC dominance falling because capital is rotating into strong altcoins
and
BTC dominance falling because the whole market is getting weaker.
Same chart.
Completely different story.
So I don't call something “altseason” just because BTC.D moves lower.
I want to see capital rotation confirmed elsewhere.
Follow @Sulaiman 零号猎人
What do you watch alongside BTC dominance?
#BTCDominance #BitcoinRotation #AltcoinFlows #BTCvsAlts #MarketBreadth