I noticed this interesting phenomenon today. As Bitcoin dominance rises the top alt coins % has dropped. But what is that starting to rise in the lower part of the chart?
Notice recent trends in the last few days beginning March 18th. Notice the light grey line that represents all other alt coins is actually rising as Bitcoin and the top nine alt coins drop in % contribution. If this continues this will be a very big impact on the crypto markets! Is it a sign?
Very interesting. Granted it has only been occurring for 5 days. It may just be a temporary blip or it may be telling us something VERY BIG. Just maybe some tremendous new alt coins are in ascension. Similar past market graphs seem to not exist, so there is nothing to compare this situation with.
What do you think?
As always this is not investment advice, just an observation.
