Bitcoin Dominance And The Altcoin Cycle

in crypto •  4 days ago 

Bitcoin is on its way to $100,000 per coin. And if you think this is good, boy, you have no idea what's about to happen.

photo-1716279083176-60af7a63cb03.jpeg
source

In the Bitcoin dominance chart. we have been going up. That means Bitcoin is gaining dominance over the entire cryptocurrency market. Now, the crazy part about this is that these coins have been popping off.

Now, obviously this is amazing. 20%, 22%, 30%. This is phenomenal. Nothing like it in the world. You don't find this in the stock market, but I'm telling you right now, we have not even gotten through 20% of altcoin potential.

We are in the beginning. And what's about to happen is going to change a lot of people's lives. The altcoin season really happens when this chart goes down. So when Bitcoin loses dominance over the entire market, we see something we call the power cycle, a cycle of all cycles.

And these are the type of percentages you see. A 329% increase in seven days is pretty ridiculous. We're talking about a 3X in seven days. This is what happened in the last power cycle that we experienced.
This is when Bitcoin dominance dropped.

So all I have to say is when you guys start making. some money for real, I want you to keep your boy in mind. Like hit me up, give me a gift. I don't know, pray for me, do something. Cause I'm excited.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!