What is happening with the crypto market? 🔎
Yesterday I wrote a post that I expect a correction, and it did not take long to manifest.. Besides profit-taking, the jumps in BTC caused a rise in dominance, which coincided with a rebound from the important support level of 60%.
Historically, a failure of this level has confirmed the beginning of Altseason and aimed for a level of 54%.
Is #AltSeasonComing canceled? Not a fact yet!
The rise in BTC dominance over the day exceeded 2%, accompanied by a strong transfer of funds. Ideally, we need Bitcoin to rise to the range of 123-125k and start to stabilize again, without sharp fluctuations..