BTC DOMINANCE and Crypto Market cap Monthly Update
For BTC dominance percentage, it recently rising into 59% it down into 58.2%.. not very significant drop but at the time i write this post it's already green/gaining into most of altcoin value against bitcoin. i expect a altseason coming in this month as many positive vibe around since april until now.
Btc dominance could not breach the 59% for now and yet it already on downtrend for last week.
if somehow the btc dominance could drop below the recent low. 57.5%.. might an altseason will come..
keep in mind btc dominance it's depedency to btc/usd price volatility could increase the btc dominance percentage unpredicted..
whether if it's the case, it is very clear the volume is increasing for crypto market cap would benefiting altcoin and btc price as a whole at the end of the day..
Patience.. patience.. patience.. altcoin will come soon. And in my opinion.. this month would be alot of suprise.
This month is also looking bullish.
BTC/USD also closing in green candle on monthly timeframe which is a very bullish sign for crypto currency market with lesser possibility of reversal until we see a new closing candle within next month..
Crypto Market Cap also looking bullish this month.. look at the candle closing in the monthly for all volume in crypto market cap also for alt coin market cap closing in green candle on monthly..
Crypto Marketcap - BTC included -
Monthly altcoin marketcap:
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.