It appears that the Bitcoin dominance has finally started to decline. I believe that the dominance will hold steady as it did during the previous cycle, as Bitcoin makes one more push higher, and then decline even more rapidly as the peak pandemonium commences. I'm expecting a bottoming in Bitcoin dominance around April of 2025 plus or minus a couple months just based on historical timing.
At the moment, Bitcoin is in a consolidation for possibly the next month or so it appears.
At the moment, Bitcoin is in a consolidation for possibly the next month or so it appears.
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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.