Bitcoin and dominance

coar(57)
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Dominance is rising due to #Bitcoin pumping but still struggling below 42%.

If the dominance break through 42% this means altcoin panic selling into BTC could persist.

At this moment, #Bitcoin can be bullish but altcoins maybe not. *(Not talking about shitcoins and small-cap because their move isn't affect to the dominance, clearly).

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For now BTC keep looking ugly. We will look for entry once market clear direction.

We seek opportunities for recovery, but I do not think it is now. People were panicking after Bitcoin set the lowest price in the year. Belief is being seriously affected. Trades with your safe.

Bitcoin and dominance | Ecency