What are we to make of BTC dominance rising during this portion of the cycle we normally attribute to the bull phase? Are we actually in a bull phase if shitcoins aren’t pumping? Can BTC dominance rise in a bull market?

nostr:nprofile1qqsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgu5gy2r

Reply to this note

Please Login to reply.

Discussion

BTC dominance is a totally fake metric, but the fact that it’s rising while people are creating endless new meme coins is a tell about the decoupling Bitcoin and shitcoins are currently experiencing

Like a train departing the station after decoupling a freight car loaded with toxic waste