Bitcoin $104,708.07In recent weeks, while gaining uninterrupted strength, the Altcoin market cannot capture the expected acceleration. The total market share of subcoins is stretching and investors review their strategies against increasing risk. According to the investment expert David Bird, capital does not flow from Bitcoin to subcoins as in the previous cycles; This leads to the decline of the “Altcoin Dominance”. Bird emphasizes that return should be measured directly compared to Bitcoin, not with the US dollar. Technical indicators indicate that critical levels are tested and the possible new weakness in subcoins is at the door.
Causes of power loss in subcoins
Bird reminds us that the “Zag Zone olan, which signaled the recovery signal for subcoins in January, was rejected in March. Since then, Altcoin has been watching the dominance on the decline; According to Fibonacci analysis, the fact that it is below 9 percent suggests that the share may decrease up to 5.5 percent. Such a scenario means additional sales pressure for many subcoins, while the capital in the market can strengthen the tendency to return to Bitcoin as a safe port.
The expert thinks that investors do not go beyond additional risk of projects that cannot pass Bitcoin significantly ”when choosing Altcoin. According to him, capital flow data and volume profiles collect power in favor of Bitcoin, while short -term rumors circulating on social media can overshadow the decisions of decisions. For this reason, it is an advantage in an uncertain environment.
What should investors do under current conditions?
Bird says it can be misleading to believe in four -year cycles unconditionally on the market. Cycles may extend or narrow; Therefore, flexible planning is required. It is considered critical that investors closely monitor the primary indicators (volume, dominance, momentum) for the right timing and have the least basic technical analysis knowledge.
Bird, known as Asx Trader, is preparing to organize an interactive seminar at Gold Coast with trainers Craig Tapping and Craig Dickson. The program will include live market analysis, risk-passing calculations and applied strategy simulations. The aim of the event is to make investors equipped with conscious decisions in complex market conditions. Because those who move based on information stands out in the long term in the wavy crypto currency ecosystem.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
