Bitcoin Dominance 18% Off ATH Suggests A Surge Could See BTC To $20k

Bitcoin Dominance 18% Off ATH Suggests A Surge Could See BTC To $20k
фото показано с : cryptodaily.co.uk

2018-7-31 23:00

We love historical trends. Historical trends let us analyse how the markets may perform in the future. This sort of goes for everything really. Lessons can be learned from history in all walks of life, therefore using history to predict the future of crypto is not on wise, it’s often quite accurate too.

Of course, this is not investment advice and therefore, has to be considered as speculation, but, all things considered, if we take a look at the history of Bitcoin dominance and compare it to today, there’s no reason Bitcoin can’t hit $20,000. 00 again soon.

Continue reading Bitcoin Dominance 18% Off ATH Suggests A Surge Could See BTC To $20k at Crypto Daily™.

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How rising Bitcoin dominance invalidates many crypto assumptions

Key Takeaways Bitcoin dominance has risen above 50%, having started the year at 42% Traditionally, dominance falls while market prices are rising in the sector, marking the year 2023 out as unusual  This hammers home how Bitcoin is still finding its feet, and why prudence needs to be taken when extrapolating past performance to the […] The post How rising Bitcoin dominance invalidates many crypto assumptions appeared first on CoinJournal.

2023-8-11 14:50


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Here’s Why the Bitcoin Dominance Index Based on Market Capitalization Might Not Mean Much

Data from CoinMarketCap shows Bitcoin dominance below 70 percent but in reality, the number could be a lot higher. Unlimited Altcoin Token Supply Makes Market Cap a Meaningless Metric In a report by BTSE Academy, a free Bitcoin learning platform, there are better ways to get Bitcoin’s dominance apart from using the popular market capRead MoreRead More.

2020-7-2 08:39