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BTC Dominance
With the loss of the range of 44%, the decline of this index has continued again and can continue up to about 37%
Considering the analysis of the market cap of the total cap and market cap of the altcoins and concluding the increase of the share of the altcoins, it is also logical to continue the bitcoin dominance trend in this way.
If it returns to the top of the range of 44%, which according to previous analyzes is only in the range of 2100 billion in the case of the penetration of the total market cap, the scenario will change and the analysis will need to be updated.
With the loss of the range of 44%, the decline of this index has continued again and can continue up to about 37%
Considering the analysis of the market cap of the total cap and market cap of the altcoins and concluding the increase of the share of the altcoins, it is also logical to continue the bitcoin dominance trend in this way.
If it returns to the top of the range of 44%, which according to previous analyzes is only in the range of 2100 billion in the case of the penetration of the total market cap, the scenario will change and the analysis will need to be updated.
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Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/IrCryptoClub