Post
Topic
Board Altcoin Discussion
Re: Bitcoin Dominance Gradually increasing - Green Signal
by
jagdeepjd
on 24/08/2018, 15:27:41 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?

Yes, its an identical situation to last year but I am worried as the bitcoin dominance is increasing by sucking the altcoin no fresh influx of money is happening as we can see overall market cap is not increasing it is rather gradually decreasing. So until we see some spike in market cap I don't see this as a good sign for the market.