⚓️ A few months ago, when we discussed #Bitcoin dominance at levels of 38%, it rose to 66% as we expected. Then it pulled back to levels of 63%, and this pullback set the stage for remarkable increases in #ETH and altcoins.
Currently, the strong resistance on the dominance side is at 68%, while support is at the 60.70 band.
According to my own analysis, I think it will be difficult for #Bitcoin dominance to exceed 70%, and it may decline towards the 40s in the coming months.
Such a scenario could bring strong price movements for many altcoins, especially #Ethereum.
‼️ Note: This post is not investment advice. It only contains personal assessment and predictions. Please make your investment decisions based on your own research.
#Crypto #Altcoin #ETH #Dominance #SPKuyumlu