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Dominance direction right now is very delicate
Market Cap BTC Dominance, %
Dominance direction right now is very delicate
By ViniciusBaccelli
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Feb 1, 2022
9
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3
Feb 1, 2022
I think it would be healthier for BTC to gain Dominance in the next days,
short term TA points to BTC gain of dominance.
But people could go into FOMO mode again and make it go to the downside pumping alts,
which would be bad on my opinion.
It´s all on the financial markets hand now, but seeing BTC.D loosing dominance is not a good sign,
if we go to the upside for some time at least the trend could change.
BTC
dominance
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SPX (S&P 500 Index)
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ViniciusBaccelli
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