There are reports indicating that Kamala Harris is leading in the polls, and there are also rumors that Iran might carry out an attack on Israel. As a result, Bitcoin has started to price in these developments and has begun to decline, while Bitcoin dominance continues to rise, currently standing at 60.45%. My expectation is that it could reach up to 63%.
Until the election uncertainty is over, I don’t anticipate a relief in the markets. However, once the uncertainty subsides, I believe we’ll see a recovery in altcoins.
I plan to enter altcoins when dominance reaches 63%.