Bitcoin Shorts Dominance Is at Extreme Level, and It Is Positive Historic Sign

2022-8-31 14:09

Dominance of bears on market is obvious as Bitcoin's downtrend rally accelerates origin »

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bitcoin dominance market obvious bears downtrend accelerates

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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