🌤 GM Bitcoin 96k
🔹 $BTC slightly increased last night to 98k6 but that is not enough to break ATH once again. Meanwhile, BTC Dom continues to drop to 57.7%.
🔸 The group of old large-cap altcoins is showing superior performance such as EOS, ALGO, HBAR, XLM,... Even XRP has climbed to the top 5 in total market capitalization. Will the formula from previous seasons repeat itself once again in the upcoming period?
🔹 The price of BTC is stabilizing, while the flow of money is clearly moving from Bitcoin => Large Caps. Therefore, we can fully expect Mid Cap tokens to be pumped in the coming weeks.
🔸 The price of Bitcoin holding steady and the decline in BTC Dom is a good basis for being Bullish in the upcoming phase. However, please note that there may be a lot of Sell orders at the 100k mark!