Thread by @Crypto_RuyterNL

1/6🧵
#Bitcoin - Most of us probably know, some of us don't:
#BTC Dominance is a measure of how much of the total market cap of crypto is comprised of Bitcoin
🔹If BTC Dominance increases #altcoins lose value against BTC
🔹When BTC Dominance decreases #alts gain value against BTC

2/6
To keep it plain and simple; If #BTC dominance rises, #Bitcoin will outperform #altcoins, if it decreases vice versa. Seeing $BTC dominance drop can be an indication of an incoming 'alt-season'. Atm dominance is rising. As you might have noticed, your #alts look weak..

3/6
..while #bitcoin shows strength. This is (for now) nothing to worry about. Money flowing into the #crypto market finds #BTC first. Sooner or later, this money will find #altcoins. This is the moment #altcoins will start to outperform $BTC and dominance drops.

4/6
Ofcourse predictions are impossible to make at this point. But there will be a time during #Bitcoin's run, dominance will fall. This is the moment your favorite #altcoins will 🌖. 4x, 6x and yes 10x are no exemptions. Giving ppl. 'advice' is not my thing, but i will urge..

5/6
..all ppl who are seeing their #altcoin lagging behind while #bitcoin runs think twice before selling all you positions and run into #BTC. Keep an 👀on BTD.D and perhaps buying in some lagging #altcoins isn't a bad idea with dominance high #NFA. To wrap things up..

It will look something like this 👇 (blue). Notice #BTC dominance already came down the first half of the year indicating (i think) we are halfway this bullrun.

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