I know the current pullback on altcoins has greatly increased the fear of a deeper drop, especially since Bitcoin just hit a new all-time high at $126,200 yesterday.
Yet, the Bitcoin Dominance Index (BTCDOM/USDT) shows that the price is getting ready for a major decline.
This suggests that liquidity could soon start flowing into altcoins, potentially starting this week.
Yet, the Bitcoin Dominance Index (BTCDOM/USDT) shows that the price is getting ready for a major decline.
This suggests that liquidity could soon start flowing into altcoins, potentially starting this week.
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Disclaimer
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.