🚀 Bitcoin ETF's Influence: A Pivotal Moment for the Market? 📉
Following the recent acceptance of the Bitcoin ETF, the market is seeing a shift. After getting in approximately 80% profits over the past four months, investors who entered on the ETF news are now realizing their gains. A crucial observation is the transfer of liquidity from Bitcoin to altcoins, as many seek to diversify their portfolios.
Additionally, the Bitcoin Dominance Index has been showing a downward trend, breaking out of its wedge pattern. This often signals the beginning of a robust altcoin season. What's your take on this development?
Let's see what our community thinks:
❤️Bitcoin Correction Ahead
🔥Altcoin Season Incoming
👍🏻 Stable Market, No Major Changes
🎉Unsure/Watching Market
Following the recent acceptance of the Bitcoin ETF, the market is seeing a shift. After getting in approximately 80% profits over the past four months, investors who entered on the ETF news are now realizing their gains. A crucial observation is the transfer of liquidity from Bitcoin to altcoins, as many seek to diversify their portfolios.
Additionally, the Bitcoin Dominance Index has been showing a downward trend, breaking out of its wedge pattern. This often signals the beginning of a robust altcoin season. What's your take on this development?
Let's see what our community thinks:
❤️Bitcoin Correction Ahead
🔥Altcoin Season Incoming
👍🏻 Stable Market, No Major Changes
🎉Unsure/Watching Market