Once again, investment in BTC has started, and we are seeing that its price has pumped very well. At the time of writing, BTC's price is at $104K, which has pumped more than 5%. But the surprising thing is that instead of pumping, altcoins are going downside.
We are seeing that Hive's price is coming down instead of going up, which is not only happening with this coin but is a problem with all altcoins. The real reason for this is investors and big companies who do not want to invest in altcoins and prefer BTC more.
The money flow is totally in Bitcoin, and this is the main reason BTC is pumping. BTC dominance is continuously increasing, and as long as dominance remains high, no altcoin will pump. The reason for the increase in BTC dominance is that investors are investing in BTC.
When dominance starts increasing, it means investors are more interested in BTC, and the money flow is here. But as soon as BTC dominance starts coming down, you should understand that now investors want to start investing in other altcoins. At that time, you should also invest in altcoins because a decrease in dominance leads to an increase in the price of other altcoins.
The main reason for this is that the money flow will come to altcoins, and in this way, the altseason will start. I hope you have understood this issue.
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