According to our last update, BTC Dominance (BTC.D) is indeed moving downward. Normally, when BTC.D goes down, we expect strong pumps in Altcoins. But this time, even though BTC.D is falling, Altcoins are not showing any significant movement.
The reason is: Money is flowing out of Bitcoin, but that money isn’t entering the Altcoin market. At the same time, there isn’t much outflow from Altcoins either — meaning the Altcoin market is currently in a fairly stable condition.
