BTC Dominance Analysis:
Based on the BTC dominance chart, we could see a decline in dominance over the coming days, creating favorable conditions for an altcoin pump.
In my view, BTC dominance may gradually drop toward the 60% level, which would likely trigger further upward movement in altcoins.
Based on the BTC dominance chart, we could see a decline in dominance over the coming days, creating favorable conditions for an altcoin pump.
In my view, BTC dominance may gradually drop toward the 60% level, which would likely trigger further upward movement in altcoins.
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#BTC Dominance Update#Bitcoin dominance is gradually declining as expected, and strong altcoins have seen a slight pump over the past 2-3 days.
The key takeaway here is that when trading altcoins, the most crucial factors are Bitcoin’s price chart and its dominance. By analyzing these two charts first, you can significantly improve your accuracy in altcoin trading.
So, master the BTC chart and dominance chart if you want to stay ahead in the game! ⚡️
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.