CRYPTO Market Update ‼
Total Crypto MarketCap Still Staying Well Above The Support 245 Billion Dollars, Which is Definitely Our One of the Biggest Hopes for Market Reversal
Another Thing To Keep in Mind that #BTC Dominance been Increasing a Lot Lately and it's Few Days Back it was at Around 37-38% and Now Sitting at 42.5% Which is Quite High, Which is Around 4-5% Increase
This 4-5% Increase Means Money Floating Out from Total MarketCap and Going into BTC MarketCap...!!
Example: Let's Say Today Current Market Cap is 300 Billion Dollars and BTC Dominance is 38% and Now Let's Think 2 Days After The MarketCap Remains The Same 300 Billion Dollars But The BTC Dominance Goes Up to 42% (4% Increase)
Which Means That 4% Of ALTS MarketCap Has Now Come into BTC MarketCap That's Why The BTC Dominance is Increasing
(Basically, People Taking Money Out from ALTS and Putting it Into BITCOIN)
This BTC Dominance Increasing is Not a Good Thing for ALTS Market
But Crypto is All About Patience Guys, ALTS Session Will Come Once BTC Starts its Recovery Process...!!
Till Then Keep Accumulating Some Crazy Cheap ALTS. 🚀
