Is "Altseason" actually dead? The 60% BTC Dominance Reality Check š©ø
āIāll be honestāIām looking at the charts today and itās a bloodbath for altcoins. Bitcoin Dominance just smashed through 60.6%, the highest weāve seen all year.
āWhatās actually happening:
While BTC is chilling near $78k, your favorite alts are bleeding out. Why? Because institutional money (ETFs) only cares about the "King" right now. The "Altcoin Season Index" is sitting at a depressing 42/100. We are officially in the deep winter of Bitcoin Season.
āMy Move: Iām NOT selling my bags into this weakness, but Iām also not "blindly" buying every dip yet. Iām waiting for BTC Dominance to hit its head on that 62% resistance before I rotate back into Alts.
āLetās do a quick vibe check: Are you 100% in BTC right now, or are you "holding the bags" on your altcoins hoping for a miracle?
āDrop a 'BTC' if youāre playing it safe, or 'ALT' if youāre still a believer. I want to see if Iām the only one feeling the squeeze! š
ā#BitcoinDominance #Altseason #BTC


