2021-09-03 23:15:51
Very important for newbies.
M.Cap is increasing and again going for ATH.
The price of BTC was around 60,000$ to 64,000$ Last time when M.Cap was around 2.5T.
Now BTC is 50,000$ with almost the same marketcap.
That is because of BTC Dominance.
Money flow from BTC TO top 10 Alts then small Alts.
This is called market cycle.( Bright side)
But.....
Low dominance can be dangerous for BTC If marketcap stop growing rapidly like last few days.
In this case, BTC will start dumping and will increase its dominance and everything will become red and more red day by day. Just like 2018 Crash.
This is also called market cycle( dark side)
But....
No worries. This will be repeated again after again.
So we will have bull cycle and bear cycle
31 viewsedited 20:15