Bitcoin dominance and market

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Hello Hive.

For the past few weeks we have witnessed series of dips and recovery in the general crypto market. While no one is sure of the direction this will lead, some of us are holding strongly to our tokens and hoping that an awesome and adequate recovery be made or even a nee ATH for the the general market.

Sometimes you make good guess and predictions based on the past movements witnessed with these token and then something new and unexpected happens that none of the predictions or strategy goes right.

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Bitcoin is in a good recovery phase for the past 24hours, after watching it dip further to about 34k. This cycle has repeated itself twice this year and we have seen it tanked to about 32k before recovering to 45k and then back to 34k again.

With each recovery I had probably hoped that it will keep the momentum going higher but it takes another draw back and you can't understand if a bear market is upon us or the megabubble some have hope for will take place. All of this is circled around so much uncertainty and a when question.

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Today's market is witnessing some bitcoin dominance where the ALT coins like our hive are barely at a constant value below the dollar.
While BTC has made an awesome recovery above 41k.
Maybe we might witness more bitcoin growth which i can harness to pour trade some BTC for hive before a nexr hive pump.

You may be able to predict the volatility of market, but sometimes the direction is unknown.

Bitcoin dominance and market | Ecency