To understand Bitcoin Dominance, we must understand the market structure that is related to the price and dominance that has had an impact on altcoins (they are all cryptocurrencies except bitcoin).

If the price of bitcoin goes up, and dominance goes up then alcoins go down.

It is necessary to understand the dominance of bitcoin because this way we understand the price structure a little, and therefore we could deduce what the price will do in the coming weeks or months.

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