HOW?: #4 - Crypto Market Dynamics
Market mini cycles and how tokens move in relation to each other
Understand how the price of different tokens move up or down based on market conditions.
Bitcoin And The Alts
Anything that is not a bitcoin, it is called an alternative coin. Each have their cycles.
When BTC moves down, everything goes down
When BTC moves up, everything else follows up
When BTC moves sideways, traders get bored, take profits and move money to mid cap, small cap and micro cap looking for more returns.
Technically when Alt season index is >75, i.e, Alts have done way better than BTC, this is when you want to move your money to BTC. When index < 25, BTC outpaced Alts, and Alts are cheap, move to Alts.
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Money Flow
Final Thoughts
We are in Alt supercycle this year. These markets move with in days or weeks.
Pay close attention to the following if you have invested in mid and low cap.
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