This Cycle Bitcoin Dominance High and Low
Study this chart:
This chart show this current cycle expected Highs and lows on the Bitcoin Dominance.
As we all know:
when Bitcoin Dominance is LOW we are in a BULL MARKET
I have calculated :
Bitcoin Dominance is not going above 65%, most likely During the next BEAR MARKET we might find Bitcoin Dominance at 55%
( why? Blockchain technology is improving fast and we have several Blockchain which are currently Running and holding a significant amount of value a few example are : Ethereum, Binance, Avalanche, Polygon, Terra/luna, Solana, These Blockchain will retain a significant amount of the market cap even with a possible 80% correction.)
Bitcoin Dominance is not going under 32%, during the highs of this final part of the BULL MARKET the charts shows that Bitcoin remain the premier store of value for Institutions, Investors and Nations.
This chart show this current cycle expected Highs and lows on the Bitcoin Dominance.
As we all know:
when Bitcoin Dominance is LOW we are in a BULL MARKET
I have calculated :
Bitcoin Dominance is not going above 65%, most likely During the next BEAR MARKET we might find Bitcoin Dominance at 55%
( why? Blockchain technology is improving fast and we have several Blockchain which are currently Running and holding a significant amount of value a few example are : Ethereum, Binance, Avalanche, Polygon, Terra/luna, Solana, These Blockchain will retain a significant amount of the market cap even with a possible 80% correction.)
Bitcoin Dominance is not going under 32%, during the highs of this final part of the BULL MARKET the charts shows that Bitcoin remain the premier store of value for Institutions, Investors and Nations.
Related publications
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.