Bitcoin and dominance

in LeoFinance2 years ago

Dominance is rising due to #Bitcoin pumping but still struggling below 42%.

If the dominance break through 42% this means altcoin panic selling into BTC could persist.

At this moment, #Bitcoin can be bullish but altcoins maybe not. *(Not talking about shitcoins and small-cap because their move isn't affect to the dominance, clearly).

photo_20220917_191541.jpg

For now BTC keep looking ugly. We will look for entry once market clear direction.

We seek opportunities for recovery, but I do not think it is now. People were panicking after Bitcoin set the lowest price in the year. Belief is being seriously affected. Trades with your safe.

Posted Using LeoFinance Beta

Sort:  

Dear @coar,
May I ask you to review and support the Dev Marketing Proposal (https://peakd.com/me/proposals/232) we presented on Conference Day 1 at HiveFest?
The campaign aims to onboard new application developers to grow our ecosystem. If you missed the presentation, you can watch it on YouTube.
You cast your vote for the proposal on Peakd, Ecency,

Hive.blog / https://wallet.hive.blog/proposals
or using HiveSigner.

Thank you!