🔈Bitcoin almost hit 90,500$ and all high leverage takers got rekt. Now we see mega rally in Altcoins if btc is stable here for some time because bitcoin dominance starts to decrease again and hit 55% from 57.2%
🔈Bitcoin Dominance Update: Bitcoin dominance has been falling over the past few days and is now at its support level. This is why Altcoins didn’t see a major drop when Bitcoin fell to $92k last night. If Bitcoin dominance bounces back from this support, Altcoins might weaken. However, if it breaks the support and drops further, Altcoins could gain good momentum. Keep an eye on Bitcoin dominance.