Bitcoin Dominance Expected to Grow to 70%, Crypto Analyst Warns of Deceiving ALT/USD Charts

2019-6-21 04:01

For much of the year, crypto analysts have been clamoring for an alt season that promises unheard of returns across the entire space. Talk of 10x returns during the hunt for the next Bitcoin and becoming rich overnight fill social media feeds.

However, Bitcoin dominance has only grown since it broke out of the deepest. . .

The post Bitcoin Dominance Expected to Grow to 70%, Crypto Analyst Warns of Deceiving ALT/USD Charts appeared first on NewsBTC.

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How rising Bitcoin dominance invalidates many crypto assumptions

Key Takeaways Bitcoin dominance has risen above 50%, having started the year at 42% Traditionally, dominance falls while market prices are rising in the sector, marking the year 2023 out as unusual  This hammers home how Bitcoin is still finding its feet, and why prudence needs to be taken when extrapolating past performance to the […] The post How rising Bitcoin dominance invalidates many crypto assumptions appeared first on CoinJournal.

2023-8-11 14:50