This chart is just a simple analysis of Bitcoin dominance over time. Throughout cryptos entirety we have experienced periods of money heavily flowing into alts and this is what creates an "alt season" (BTC Dominance Drops). Then we see periods where money flows back into Bitcoin and we experience bearishness in alts. Currently we are in the middle of another bullish season for alts. However the question lies if it will continue or not. Enjoy.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.