Valerka 🔵🟣🎩 pfp
Valerka 🔵🟣🎩
@valerymaxx
1/2 My friends!😊We have already talked about market cycles, but now it is time to talk about something urgent - the Bitcoin season! We all trade in the Vooi @vooi-app terminal and have noticed more than once that BTC is doing well now. Let's figure out why this is happening. Bitcoin season is a term used in the crypto community to describe a period when BTC is significantly outperforming other cryptocurrencies (altcoins). It's the opposite of "alt season," when altcoins are outperforming Bitcoin. BTC is now significantly dominant in price growth! BTC Dominance is growing is share in the total market capitalization of the crypto market. During the BTC season, it exceeds 50-55%. Investors are leaving altcoins for BTC because: it expected to grow; BTC is considered the "most reliable"; altcoins are falling or stagnating.
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Valerka 🔵🟣🎩 pfp
Valerka 🔵🟣🎩
@valerymaxx
2/2 There may be different reasons for the onset of the BTC season, but we can highlight the main ones: fundamental events (the launch of an ETF on Bitcoin, halving, institutional investments); low interest in risk - in an unstable situation, traders prefer BTC. Usually, the crypto market growth starts with BTC dominance, and then altcoins join in, this is how preparations for a new bullrun occur. Newbies often start with BTC, so it's the first to react to mass interest and positive news. Now, as @vooi-app traders, we can monitor dominance: when it starts to decline, the altseason may begin. It's important to remember that you should not expect quick profit on the market from altcoins during this period - they lag behind. It's better to fix a real profit than to dream about xes. When investors feel confident that the market is stable and start actively buying altcoins, counting on higher profits, then the altseason will begin - the period when alternative coins grow the fastest.
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