Today’s information is important—here I’ll explain the relationship between Bitcoin’s dominance, its value, and how they affect cryptocurrencies.
Dominance — Bitcoin value — Alts value
Rising 📈 + Rising 📈 = Falling 📉
Rising 📈 + Falling 📉 = Quick drop 📉🔽
Rising 📈 + Stability 🕯 = Stability 🕯
Falling 📉 + Rising 📈 = Quick rise 📈🔼
Falling 📉 + Falling 📉 = Stability 🕯
Falling 📉 + Stability 🕯 = Rise 📈
And this is the relationship in a simplified way—keep it in mind and follow the market yourself when prices rise or fall to see how it affects it. Don’t be stingy with your support, please—if you don’t mind 🌹
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