๐ #BTC dominance broke through the local high.
๐ Given that the momentum occurred on the decline of the first cryptocurrency, altcoins reacted extremely negatively. The dominance indicates that funds have flowed out of them into Bitcoin.
๐ At the moment, the potential for growth to about 60% is present. As for the global picture, after the upward momentum, I expect a long and deep decline in domination. This means that altcoins will give the opportunity to accumulate more volume at more favorable prices, but we will have to wait longer for their growth.
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