- pending a good 5d close tonight it seems btc dominance is going to continue trend upwards
- when the 52% resistance is broken, it is likely it eventually goes to 60%, probably fast too
- since dominance to btc correlation has been positive this year, btc d. trending upwards implies Bitcoin is about to catapult higher
- fundamental catalyst of such a strong move would likely be spot ETF approval
- when the 52% resistance is broken, it is likely it eventually goes to 60%, probably fast too
- since dominance to btc correlation has been positive this year, btc d. trending upwards implies Bitcoin is about to catapult higher
- fundamental catalyst of such a strong move would likely be spot ETF approval