Bitcoin dominance is still in an obvious uptrend and in my opinion we can have a potential scenario as illustrated on the chart which the dominance will have a spike up to %68 as Bitcoin records new all-time highs and the alt-season that we all are waiting for will start right after hitting this level around Mid-February.
- This analysis will be invalidated if the dominance closes below %56 before making new high above %60
Analyses are NOT financial advice; DYOR
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Analyses are NOT financial advice; DYOR
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.