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RE: Bitcoin Dominance Hits 3 Month Highs
"I would say that it also looks something akin to sector rotation in the stock market."
That's a good way of explaining the pattern. When bitcoin overheats, speculative money starts flowing into alts, and vise-versa.
Exactly. When new money starts coming in, they also tend to try to buy "the next bitcoin" thinking they may have already missed the boat.