Bitcoin dominance is 59.2 percent. Ethereum is 10.5 percent. The total market is 2.632 trillion dollars.
That means almost six dollars in every ten in crypto still sits in Bitcoin, and altcoins only move when Bitcoin lets them. The candle chart here shows the real battleground from the last 24 hours. Support sits near 77,050 and resistance near 77,720, with Bitcoin trading near 77,635 this morning. My reading is that nothing changes for altcoins until one of those two levels breaks with conviction. Until then, Bitcoin leads, and everything else follows.
Does Bitcoin dominance push above 60 percent before altcoins get a real turn?
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinDominance
That means almost six dollars in every ten in crypto still sits in Bitcoin, and altcoins only move when Bitcoin lets them. The candle chart here shows the real battleground from the last 24 hours. Support sits near 77,050 and resistance near 77,720, with Bitcoin trading near 77,635 this morning. My reading is that nothing changes for altcoins until one of those two levels breaks with conviction. Until then, Bitcoin leads, and everything else follows.
Does Bitcoin dominance push above 60 percent before altcoins get a real turn?
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #BitcoinDominance
