đ„ Chart Bitcoin Dominance
In the image, you can see the chart of Bitcoin Dominance - representing the percentage of Bitcoin's market capitalization compared to the entire market.
If this number increases, it means money is flowing into Bitcoin and other coins are being drained.
In the previous video, I mentioned that we need to pay attention to this because we are currently at a 3-year resistance zone (around 60%). If we can hold here and then go down, we will see the Alt season. Otherwise, đ altcoins may drop further, and the positive outlook is that you will have the opportunity to buy more coins at a low price.
So let's observe its movements together in the coming days!
Source: CHN
