April 11: #BTC dominance: BTC dominance reached new 2023 high near 48.50% , it still means that BTC is king and lead the market..
BTC dominance give bullish breakout after 20 days means alts lover have to wait some more time for their turn.
But more fear coming after seeing 2019 BTC dominance chart. In 2019 BTC jump $4000 to $13800 in April 2019 to July 2019 and same time BTC dominance also jump 53% to almost 70% and give a bear phase for alts. In 2019 alts pump randomly but not able to give more return than BTC and not able to hold their pump price.
Max Alts give mega run in H2/2020 to Q1/2021 and same we expect in 2024/25.
Good to hold a portion of Alts in market but dont be fully depended on #alts .
Keep booking 80%-200% quick profit in jump.
REST see above charts and DYOR.
Trading is not buy or sell of assets , Trading means minimise your losses and maximise profit. Apply your experience and trade with a strategy.
