Re: Bitcoin is still hot but Bitcoin Dominance is dropping. What does it tell?
Bitcoin is still our everyday issue around the world, not only it is an investment but it is also going into our daily life.
Bitcoin price is constantly reaching high but Bitcoin Dominance is dropping.
Does this indicate that more and more people are interested in altcoins rather than only investing in Bitcoin?
Bitcoin price is constantly reaching high but Bitcoin Dominance is dropping.
Does this indicate that more and more people are interested in altcoins rather than only investing in Bitcoin?
The day not yet over but, the Bitcoin dominance is printing a very strong bearish candle today. Bitcoin Dominance is about to go lower. What does this mean? When Bitcoin dominance goes low, Altcoins go high!. What it means is that Bitcoin is likely to start retracing while the altcoins market starts to grow.
This is great news, as Bitcoin has been hugging all the energy, all the attention, all the funds. As Bitcoin takes its first break in months, It becomes the Altcoins turn.