Bitcoin Dominance Nears 65% as Analysts Assess Potential Shifts in Altcoin Market Trends
The post Bitcoin Dominance Nears 65% as Analysts Assess Potential Shifts in Altcoin Market Trends appeared on BitcoinEthereumNews.com. Bitcoin’s dominance has surged to 65%, intensifying pressure on altcoins and casting doubt on an imminent altcoin rally. Technical indicators reveal altcoins are cycling through periods of low volatility, maintaining valuations within historically normal ranges. According to COINOTAG, a 2015 dollar-cost averaging simulation highlights altcoins’ long-term outperformance, though recent cycles show only select altcoins surpassing Bitcoin’s gains. Bitcoin dominance hits 65%, challenging altcoins amid mixed technical signals and historical data suggesting cautious optimism for selective altcoin investments. ‘, ‘
The post Bitcoin Dominance Nears 65% as Analysts Assess Potential Shifts in Altcoin Market Trends appeared on BitcoinEthereumNews.com.
Bitcoin’s dominance has surged to 65%, intensifying pressure on altcoins and casting doubt on an imminent altcoin rally. Technical indicators reveal altcoins are cycling through periods of low volatility, maintaining valuations within historically normal ranges. According to COINOTAG, a 2015 dollar-cost averaging simulation highlights altcoins’ long-term outperformance, though recent cycles show only select altcoins surpassing Bitcoin’s gains. Bitcoin dominance hits 65%, challenging altcoins amid mixed technical signals and historical data suggesting cautious optimism for selective altcoin investments. ‘, ‘
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