Bitcoin Dominance Tipped To Hit 57% — Altseason Incoming?

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Bitcoin Dominance Tipped To Hit 57% — Altseason Incoming? - NewsBTC

Quick Summary:

Related Reading: Bitcoin Still In Bull Market, On-Chain Indicator Confirms Bitcoin Dominance Forms Adam & Eve Pattern – Key Levels To Watch As Bitcoin prices moved with much volatility in the past week, the asset’s crypto market dominance rose to 61.0%; meanwhile, Ethereum and other altcoins saw their market shares shrink by 1.99% and 2.38% respectively.

Interestingly, popular market analyst Egrag Crypto predicts Bitcoin Dominance could soon retrace indicating a potential short-term bust for the altcoin market.

Commenting on this development, Egrag Crypto notes that Bitcoin Dominance has now completed an Adam and Eve Pattern highlighting certain significant levels for its future trajectory.