BTC dominance below 49% and ETH dominance above 15% today. The last time this happened was 3 years ago and before then, 4 years ago. This is not particularly bad for bitcoins future this year but might be a little bad for short term price action. A reduction in BTC dominance simply implies that investors are trying to take advantage of other markets in order to increase their capital or investments. Hence; alt season. Most big investors out there are bitcoin maximalists, after they’re done with these alts, trust me, they’re investing their money back in BTC. I’m still firm on a 6 figure BTC this year before a bear market.
Forwarded from Bitboy Crypto Announcements Official
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