ASX1X

Alt Season is very close indeed.

Short
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Welcome everyone to the pre-bull market.

This is the time that you will wish about travelling back to from the future.

If this is your first Alt season please find a financial advisor who can help you with risk management, expectations and most importantly volatility.

Well if this is your first time here let me explain BTC Dominance and why this chart is relevant to the rest of the market.

BTC Dominance is quite simply that and in the past we have seen very strong rejections from the blue EMA in both 2020 and 2017.

A lot of narratives will begin building as BTC's functionality reaches it's limit. A rather large hole that has been filled by Ether and the applications on Ethereum etc.

Now is a good time to understand the broader market and be inquisitive about new products and services.

Here are a few of the areas of interest : Layer 1, Layer 2, Bridging, Proof of Stake, Yield Farms, supply chains, De-centralised exchanges, Oracles, Digital Id's, Non-fungible Tokens. The list goes on and on and on.

Once again, please find a registered financial advisor and get a sense for the level of risk suited for you and be aware of the volatility of the market and adjust your expectations accordingly.
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