Post
Topic
Board Altcoin Discussion
Re: Bitcoin Dominance Gradually increasing - Green Signal
by
nl247
on 25/07/2018, 17:46:51 UTC
Bitcoin dominance is gradually increasing , this means Bitcoin is ready to moon. the same situation happened last year , first btc dominance increased then  LTC and ETH.

how about your views?
Everything that happens in a market is not all about moon only. The value increasing over time in the short trend and money coming into the market does not mean it would just bring about a mooning scenario all of a sudden. Sure, we may see some good movement soon in the market, but the question we should be asking is how long is this going to be before the bear phase continues. The good thing however is that the market is still good for the long term and those who want to be holding long should be trying to see where to get in eventually, but for now, there is no mooning this year as far as I am concerned until we at least break the psychological resistance with a very good volume.