Mansasuma

BTC dominance suggests spot ETF approval

Long
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
- 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
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