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    Author Topic: BTC Dominance Drops - Is Altcoin Season Near  (Read 522 times)
    slaman29
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    May 07, 2025, 08:45:25 AM
     #41

    Pull isn't big enough. You need to remember even with big drawdown in 2024 Q3-Q4 if i remember correctly, bitcoin's dominance can still go up out of the blue.
    I identified that the problem lies in the fact that institutional investors, the main player that moved bitcoin price aren't rotating their money to puny alts.
    Instead they stayed bitcoin maxi. We are in different era, it will be awhile until we see altcoin from my prediction.

    Exactly about institutional, we should also all note that 'crypto' is still not 'mainstream' with the true and only exception of Bitcoin.

    We don't see any company doing ETFs other than for Bitcoin, I know there's like a few doing ETH but nobody wants that. We don't see small countries buying up ANYTHING other than BTC.

    So, believe me, when BTC dominance drops, its only because other alts or stablecoins have increased in supply while BTC price drops. That doesn't mean ETH or whatever shitcoin is going to have a season.

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