What do you think, should I sell it or keep it? 👍🏻 The important thing is that joining is free with us 😎 You can find the link pinned in the first comment 🌹 $BTC
Bitcoin Dominance and its Major Impact on Alternative Currencies
At the end of 2023, dominance dropped by just 8%, and we saw a huge explosion in the prices of alternative currencies at that time.
At the end of 2024, dominance dropped by just 11%, and we saw a significant rise in the prices of currencies.
Today, dominance has reached the peak of the ascending channel; if it does not break through this area, it may correct and drop, and then we will see a nice movement in currencies in the short term.
However, in the long term, there are still significant targets for Bitcoin dominance.
Currently, it only needs a slight drop, but its effect on currencies will be substantial.