BTC get's weak as Altcoins gain strength.
BTC has been losing strength against altcoins since its peak in 2021. Part of the reason for this is the influx of new coins into the market. However, as we know, many of these coins are essentially useless and don't take much market share from the strong projects. Regardless, the altcoin market has been showing tremendous strength against BTC for the past three-plus years. With ETF filings, banks getting involved, and a pro-BTC administration actively supporting and purchasing altcoins, this chart suggests that we could be on the brink of one massive altcoin season.
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