Fundamental Reason The last days all of the altcoins pumped and now is time for a quick retracement. CRYPTOCAP:BTC.D gain started to grow and take a higher percentage of dominance over the market. ETH needs to have a retracement after it's rising, most likely the alts will follow it and retrace to the previous supports. Technical Reason At the moment ...
Fundamental Reason Last days COINBASE: BTCUSD stated process of diversification towards ETH and XRP. We can easily see that diversification from BTC Dominance to CRYPTOCAP:ETH.D and XRP Dominance which are pumping in the last few days. Events from this kind are telling us that the potential drop is coming in the next 3 weeks. Before the drop to appear on...
BTC Dominance - Diversification Towards Bitcoin CRYPTOCAP:BTC.D Introduction The following analysis focuses on the topic of the Bitcoin dominance - how it is appropriate to read the information and what it gives to the traders and investors, as well as what forecasts can be done based on analyzing the information of its values over time. The Bitcoin is the...