@Cesc0410 12 September 2021 more from that month

Bitcoin dominance is sitting around 40% and is moving closer to it’s all time lows, which to me is a sign that the bull run is reaching its final stages as people become over confident about bitcoin they start moving out the risk curve to invest in all the shitcoins What people refer to as “alt coin season” but it’s just basically people moving their paper gains into more risky projects to play a game of musical chairs to try and make more Bitcoin As many of these projects collect funds they’ll rug pull and exit scam and people will move back into the perceived safety of bitcoin and dominance will rise again Dominance also looks much lower these days because of stable coins which I don’t think should be considered as a part of the calculation because they aren’t native assets they are just fiat with a token