Author: Brad Berbari
The Crypto Fam
To fully understand altcoin market cycles, it is imperative to understand the Bitcoin dominance metric. Previously on our Twitter account (@thecryptofam), we posted threads dealing with the following topics: A potential indicator for the beginning of alt season, and how a bear market might affect the altcoin markets. For those who may not know, Bitcoin dominance is a percentage that measures Bitcoins share of the entire cryptocurrency market capitalization. It is not a perfect metric, but it helps to analyze the macro-market. We can observe capital flowing between alts and BTC with this chart and make some conclusions about the markets current state.
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https://www.tokens24.com/exclusive/when-will-alt-season-endWhat you're saying is quite sensible and i agree that BTC and alts probably works as metric percentage to which there is an existing value that is converted into different alt or BTC which has been the most dominant crypto over years. I think the "end of alt's season" is an opportunity for consumers to buy stable coins and gain profit as it cycles into dominance again.