BTC marketcap, dominance and ETF ?
So,
We are all waiting on that crucial news :
1/ if ETF gets approved, we might see BTC cap and price fly, resulting in also in an increased dominance.
Potential number is approved, short term:
- BTC to 9500~
- Dominance up to 60+
- Marketcap ?
If that happens, alts will bleed a little more, before the most expected June bullrun we all hope for.
2/ if ETF is rejected then a little dump to 7300 support could occur.
3/ if ETF gets delayed, then I'd say no effect on the market (I bet that's what is going to happen)
Trade safe
We are all waiting on that crucial news :
1/ if ETF gets approved, we might see BTC cap and price fly, resulting in also in an increased dominance.
Potential number is approved, short term:
- BTC to 9500~
- Dominance up to 60+
- Marketcap ?
If that happens, alts will bleed a little more, before the most expected June bullrun we all hope for.
2/ if ETF is rejected then a little dump to 7300 support could occur.
3/ if ETF gets delayed, then I'd say no effect on the market (I bet that's what is going to happen)
Trade safe
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.