New price records that are set daily give an impression that the growth will never stop. But nothing is permanent.
As usual, we’ve checked the weekly Hybrid Intelligence view on BTC dominance:
“Bitcoin crypto market share settled at 62.25% at 12:00 PM UTC on Wednesday, February 10. Will Bitcoin's market share climb above 63.5% (+2%) earlier than drop below 61.01% (-2%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 87%
Hybrid Intelligence is bullish, expecting BTC to continue to gain market share.
We’ve also asked about the overall market:
“The cryptocurrency Market Capitalization settled at 1396.42B USD at 12:00 PM UTC on Wednesday, February 10. Will the Market cap climb above 1501.2B USD (+7.5%) earlier than drop below 1291.7B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
-------------------------------------
Assurance: 88%
Again, Hybrid Intelligence is optimistic, expecting the market cap to reach new highs.
But be careful: the euphoria is getting extreme. A major correction might stop the party very abruptly.
As usual, we’ve checked the weekly Hybrid Intelligence view on BTC dominance:
“Bitcoin crypto market share settled at 62.25% at 12:00 PM UTC on Wednesday, February 10. Will Bitcoin's market share climb above 63.5% (+2%) earlier than drop below 61.01% (-2%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
-------------------------------------
Assurance: 87%
Hybrid Intelligence is bullish, expecting BTC to continue to gain market share.
We’ve also asked about the overall market:
“The cryptocurrency Market Capitalization settled at 1396.42B USD at 12:00 PM UTC on Wednesday, February 10. Will the Market cap climb above 1501.2B USD (+7.5%) earlier than drop below 1291.7B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
-------------------------------------
Assurance: 88%
Again, Hybrid Intelligence is optimistic, expecting the market cap to reach new highs.
But be careful: the euphoria is getting extreme. A major correction might stop the party very abruptly.
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.
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.