Altcoin Season Signals Bitcoin Dominance: Index Points to Entering a Bitcoin Season

The cryptocurrency market has experienced a shift in dynamics as evidenced by the Altcoin Season Index, signaling an increase in Bitcoin’s dominance. The index currently stands at 23, indicating that we are firmly in a Bitcoin season, potentially leading to increased capital flow towards Bitcoin itself. This decline is a potential warning for investors looking to diversify their portfolio through altcoins. What does this mean for your crypto strategy? Let’s delve into the implications.