If you are entering the crypto world, the termBitcoin Dominanceor BTC Dominance is a must-know. It is a number that tells the proportion of Bitcoin's market capitalization relative to the total value of the entire crypto market. If it goes up, it means people are investing in Bitcoin more than Altcoins (other coins). If it goes down, it might mean people are pouring money into Altcoins. And that's the start of the Altseason that many people have been waiting for.

Is BTC Dominance high or low? What does it tell you?

• High BTC Dominance: This usually happens during a downtrend or the market has just started to rise because people choose the more stable Bitcoin
• BTC Dominance Low: Reflects that people are venturing into Altcoins like Ethereum or new projects

What happened now?

During this period, BTC Dominance continues to increase. Even though the market is going up This is because the majority of funds are still flowing to Bitcoin before Altcoins receive more attention in the next period.

Where can I follow BTC Dominance?

If you want to know real time information Take a look at these websites:

• TradingView (Search BTC.D)
• CoinMarketCap
• CoinGecko

BTC Dominance is not just a simple number. But it helps you understand market behavior and strategize better. Let's keep an eye on what it will tell us next in the crypto world.