Bitcoin Dominance Cycles
Cycles guys, Cycles cycles cycles...
CYCLE 1 = JAN 2018 to SET 2019 = 85 weeks
Following the cycle top of 2017 bitcoin dominance rouse as investor took profits in bitcoin, ALT COINS LOST VALUE AGAINST BITCOIN (+105%)
CYCLE 2 = SET 19 TO MAY 21
Bitcoin Dominance has lost -45% over 89 Week, ALTS COINS OUT PERFORMED BITCOIN
CYCLE 3 = JUNE 21 TO JAN 2022
This is a prediction that from this point on, Bitcoin will go all the way up to 70% to 80% of dominance as Alt coins bleed against bitcoin... why?
Reason 1 = Institutional investors are mostly looking from a store of value like Bitcoin.
Reason 2 = Nations and states will put Bitcoin on their balance sheet
Reason 3 = The markets are over exposed with uneducated, speculators and gamblers, These people will be shaken out.
CYCLE 1 = JAN 2018 to SET 2019 = 85 weeks
Following the cycle top of 2017 bitcoin dominance rouse as investor took profits in bitcoin, ALT COINS LOST VALUE AGAINST BITCOIN (+105%)
CYCLE 2 = SET 19 TO MAY 21
Bitcoin Dominance has lost -45% over 89 Week, ALTS COINS OUT PERFORMED BITCOIN
CYCLE 3 = JUNE 21 TO JAN 2022
This is a prediction that from this point on, Bitcoin will go all the way up to 70% to 80% of dominance as Alt coins bleed against bitcoin... why?
Reason 1 = Institutional investors are mostly looking from a store of value like Bitcoin.
Reason 2 = Nations and states will put Bitcoin on their balance sheet
Reason 3 = The markets are over exposed with uneducated, speculators and gamblers, These people will be shaken out.
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