Bitcoin dominance is falling cause altcoins to rise.
Bitcoin's (BTC) dominance ratio has double topped at 72%. On february 5th it made a new daily LL before touching the 38.2 fib.
A falling BTC dominance and a stable or increasing market cap cause altcoins to rise.
When most altcoins hit ATH around the beginning of 2018 the dominace of BTC was only 35 procent.
Aiming at 40% BTC dominance.
A falling BTC dominance and a stable or increasing market cap cause altcoins to rise.
When most altcoins hit ATH around the beginning of 2018 the dominace of BTC was only 35 procent.
Aiming at 40% BTC dominance.
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