The real dominance is calculated in these currencies: Bitcoin (BTC) Litecoin (LTC) Bsv (BSV) Bcash (BCH) Monero (XMR) DASH (DASH) Zcash (ZEC) Ethereum Classic (ETC) Dogecoin (DOGE) Decred (DCR)
Why? Because it meets two important conditions: - Proof of Work PoW - Use case: cryptocurrencies that focus on solving issues related to the traditional financial industry, such as Bitcoin, whose original goal is to replace paper currency.
Its formula: Bitcoin Dominance Index = Bitcoin Market Cap / Total Market Cap of the above cryptocurrencies.
The current liquidation of futures deals is nothing compared to the last cycle. It is known that the largest liquidations occur with strong movement and are a surprise and in the midst of optimism.
I expect the largest upcoming liquidation to be in the first or second week of January 2025
Over-the-counter trading desks are seeing their biggest monthly inventory drop in 2024, down 26,000 BTC. Total balance has fallen by 40,000 BTC since November 20, shrinking supply.
$ALCX This currency will achieve very beautiful goals The currency price is now very suitable It will achieve goals in the next two days 23 25 27 30 Short term 90 Long term 1000
Now, with God's help, there are digital currencies that will be hit in the coming days. Currently, after this correction, it is considered an opportunity. The least that can be achieved in these currencies within the next 24 hours is 10% to 20%.
Most of the portfolios that are working on investment and speculation have now reached losses of more than 30%.
You should do the following:
1.. Do not be afraid and be patient
2.. Do not sell your currencies at a loss and move from one currency to another. Stay with your currencies and be patient
3.. If you are unable to tolerate the color or have a problem with it, I advise you to return your capital and exit the market because there is no green color without red....
..... And may you be safe and we ask God to provide for us and you...