Bitcoin Dominance at 63.66%: Why Analysts Got It Wrong & What’s Next
BTC dominance surged 9.11% in 6 months, defying predictions of a 60% peak. Samson Mow argues this is just the start, with retail still absent (per @ali_charts). Key drivers:
Spot ETFs absorbing supply ($131M inflows/month)
MicroStrategy’s relentless buying (531,644 BTC total)
Altcoin overvaluation (see Mow’s supply-adjusted math)
Critical Level: Watch 70% dominance for a potential altcoin wipeout. #BTC #MarketCycle #Trading