Daimonik

This Cycle Bitcoin Dominance High and Low

לונג
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Study this chart:

This chart show this current cycle expected Highs and lows on the Bitcoin Dominance.
As we all know:

when Bitcoin Dominance is HIGH we are in a BEAR MARKET
when Bitcoin Dominance is LOW we are in a BULL MARKET

I have calculated :
Bitcoin Dominance is not going above 65%, most likely During the next BEAR MARKET we might find Bitcoin Dominance at 55%
( why? Blockchain technology is improving fast and we have several Blockchain which are currently Running and holding a significant amount of value a few example are : Ethereum, Binance, Avalanche, Polygon, Terra/luna, Solana, These Blockchain will retain a significant amount of the market cap even with a possible 80% correction.)

Bitcoin Dominance is not going under 32%, during the highs of this final part of the BULL MARKET the charts shows that Bitcoin remain the premier store of value for Institutions, Investors and Nations.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.