The dominance of Bitcoin clearly indicates where the money is flowing. Historically, the consistently growing cycle of dominance has demonstrated how all other coins weakened; in this case, the Bitcoin dominance is on the verge of global resistance. Naturally, we should expect to see the upper bounds of Bitcoin's local chart due to informational news. I believe we will witness another rebound in Bitcoin's dominance, and after that, altcoins will start to rise, marking the end of this entire cycle
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.