Wawasan Faizan Ahmad_181(@faizan_181)

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Bullish

🤑💸
$BTC #MarketPullback  
BTCUSDT
Perp
87,712.4
+0.87%

Penafian: Berisi opini pihak ketiga. Bukan nasihat keuangan. Dapat berisi konten bersponsor. Baca S&K.

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Hey bruh

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⭐️ Key info after the Bybit hack: 1. Arkham created and funded a bounty to help identify the person or organization behind Bybit hack. 2. Bybit has launched a $140M Recovery Bounty Program, offering incentives to experts who help track and retrieve stolen assets. 3. Bybit has seen total outflows of over $5.5 Billion. 4. JAN3 CEO and BitMEX CEO push for Ethereum rollback. 5. Binance and Bitget transferred over 50,000 ETH to Bybit's cold wallets. 6. This hack was the largest crypto heist in history. #BybitSecurityBreach

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In cryptocurrency trading, *altcoin season* (often referred to as *alts season*) is a period when *alternative cryptocurrencies* (altcoins) outperform *Bitcoin* in terms of price growth and market dominance. This season can be highly profitable for traders who focus on altcoins instead of Bitcoin. #AltSeasonComing #BTCNextATH? *When Does Altcoin Season Happen?* Altcoin season is not fixed or predictable, but it generally occurs after *Bitcoin* has experienced a major price rally and the market is ready for altcoins to gain attention. There are a few key indicators that traders look for to anticipate the start of an altcoin season: 1. *Bitcoin Dominance Declining*: - One of the most common indicators for altcoin season is when *Bitcoin dominance* (Bitcoin's share of the total cryptocurrency market capitalization) starts to decline. Bitcoin dominance is calculated by dividing Bitcoin’s market cap by the total market cap of all cryptocurrencies. When it drops, it often signals that altcoins are gaining traction and investors are diversifying into other cryptocurrencies. 2. *Bitcoin Price Stabilization*: - After a big rally or price increase, Bitcoin’s growth can start to slow down or stabilize, leading traders to look for profits elsewhere. This is when altcoins tend to shine, as traders shift their focus and funds to altcoins that have higher growth potential. 3. *Strong Performance of Altcoins*: - Altcoin season usually happens when a few prominent altcoins start to show significant price gains. This can trigger a *herd mentality* where investors start shifting capital from Bitcoin to altcoins, anticipating further price increases. 4. *New Innovations and Developments*: - Major technological upgrades, new partnerships, or positive news related to altcoins can spark interest and lead to significant price movements in altcoins. For example, the launch of a new product, a decentralized finance (DeFi) protocol, or a blockchain update can fuel altcoin rallies.

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#TariffHODL 🇺🇸💵

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