#BTCDominanceBackAt60%
Bitcoin dominance reaching 60% suggests that capital is concentrating more in BTC than altcoins. This can put selling pressure on altcoins and create weaker setups for traders. However, Bitcoin may remain relatively stronger than the broader crypto market, so traders should watch BTC dominance and price action before entering positions.
Bitcoin dominance reaching 60% suggests that capital is concentrating more in BTC than altcoins. This can put selling pressure on altcoins and create weaker setups for traders. However, Bitcoin may remain relatively stronger than the broader crypto market, so traders should watch BTC dominance and price action before entering positions.