Dear Readers,
Soon after the US Election results, we have witnessed the massive hike in the crypto markets.
BTC has also rallied and touched its high $99,655.50 on November 23, 2024.
Everyone is expecting BTC to cross the magic of $100K mark.
At present, the global cryptomarketcap stands at 3.48 Trillion USD and BTC trades at $95948 (-1.75%) from yesterday.
At the other side, the BTC dominance is continuously keep coming in the chart.
Having after the 32nd week of the Halving process, we could expect the ALT coin season.
The facts and figures on BTC dominance is reflecting this too.
The dumping of BTC dominance is very high at this time compared to the last two years as well.
The Spot ETH ETFs are recorded highest inflows ever too.
If you take the coinmarketcap.com website, and could see all the 100 top coins are all in big bulls and the prices are super heading with charts.
If your alt coin is not performing, don't panic. Don't sell it now and buy the pumping alt coin.
Be informed that every coin has its own period to perform. So wait patiently.
Last week, if you closely watch the BTC chart, there was a major correction. It touch the 90K levels and soon retraced to its old level and even gone higher.
This shows that whenever BTC facing correction, there are more number of people in the market who interested to buy it.
If we look out the liquidity heatmap, we could see the liquidation at both the sides.
Have all these in your minds to prepare for fresh trading friends!
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