Bitcoin Dominance %

Bitcoin is breaking all the rules this year, not allowing altcoins to go up even for a minute. At the same time everyone is waiting for this growth. I hope that it will not give up in the end, that this time, we will not see the altcoin season. I can imagine the general surprise. But, hopefully that won't happen. Probably need to break ATH's domination for the year, as we saw 48.5% like today last summer(June 2022). Well, there has to be a margin of victory. The last normal alt-season in 2021 was when the dominance dropped from 63% to 39(-40% on the chart)

Best regards EXCAVO

Bình luận:

The market is an amazing thing. One year ago bitcoin was 48k, index of fear and greed showed fear and index 36, now bitcoin roughly speaking is twice lower, and greed is in the market, and index is 62. By the way, the index serves as an indicator, because when greed reigns, there will be a fall, but so far there was no extreme greed in the market. Does it mean that we are still waiting for this condition and only then decrease? I do not know, but it looks like this, the bitcoin does not decrease at all.