Bitcoin Dominance rose for over a week, causing altcoins to once again underperform Bitcoin as it rose to new highs. This is normal in a real cycle - Bitcoin goes up, then sideways, altcoins go up, then the interest goes quickly back to Bitcoin. It is difficult to play the moves, but exciting to see the trend return after many years.
Today, once again, we have Bitcoin settling above a new all time high and altcoins outperform since. It feels like we are finally about to get a true bull market, but always proceed with caution.
Today, once again, we have Bitcoin settling above a new all time high and altcoins outperform since. It feels like we are finally about to get a true bull market, but always proceed with caution.
scott.melker@texaswestcapital.com
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
scott.melker@texaswestcapital.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.