$BTC BTC Market share has returned to 60% since 02.02, and has remained there for more than a month; during this month, altcoins have been in turmoil, memes have cooled down, and new coins have crashed right after launch, making the market seem to be at a freezing point — but is the market really over? Let's review the past trends.
🔹Looking closely, when the market share surged to 60% last November, altcoins immediately sparked a small bull market.
🔸Looking further back, in 2019 and 2021, Bitcoin's market share peaked above 70%, which was followed by waves of magnificent market movements.
The accompanying image is the TradingView BTC.D chart; at this moment, do you lean towards believing that the market has completely ended, or is it the darkness before the dawn?