Domination is suffocating🟡
Bitcoin Dominance Reaches New Local High Today (58%)
Due to its significant growth, altcoins are losing their stability as their prices follow the dynamics of Bitcoin, making it difficult for them to develop independently and stabilize their price.
However, it is worth noting that the ascending trend of dominance is now at the finish line. At the levels of 60-61%, we can expect a long-awaited correction and a massive revival of altcoins. Upon reaching these values, an important volume level will be tested, which will play the role of a powerful factor in creating a downward trend. I expect to see the scenario working out in the next two months.
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