Have you noted that #Bitcoin after reaching its all-time high and even crossing its all-time high level, #Altcoin season still not started and all coins are still very down.
One of the main reason is Bitcoin dominance, which is about to repeat its historical pattern.
Bitcoin even crossed 73,000 which is more than its all time high but altcoins are still at its lowest and the reason is BTC dominance.
Bitcoin dominance is continually Rising which indicates that investors are more interested in Bitcoin. In the coming months, we will see that dominance will start going down which will bring altcoin season.
Therefore for the start of Altcoin season. It is very necessary that Bitcoin dominance starts lowering down.
So for the people who are confused about the altcoin that why it is low, one of the main reason is Bitcoin dominance, which is soon going to go down and altcoin season will be starting very soon.
THANK YOU!