Unfortunately, BTC Dominance is still consolidating.

in #btc • 27 days ago

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Source: TradingView

It's above 60%.. it's been in the consolidation for the last 1 year. Ridiculous. I think it's good to start dropping BTC(Bitcoin) Dominance.


Most altcoins have dropped a bit last night. STEEM as well. STEEM price has increased around only 20%. I'm freaking sick of it. Retail speculators might have sold altcoins at all. I believe that they will definitely regret this moment.


I guess this consolidation will end within a couple of weeks. In my opinion, it's a bear trap. That's why I'm still here.

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BTC dominance really has been stuck in a frustrating range for a long time. It will be interesting to see whether the eventual breakout brings more attention back to altcoins or simply strengthens Bitcoin further. Either way, patience matters in a market this unpredictable. For some unrelated entertainment: https://roulettinos.ch/