Daimonik

This Cycle Bitcoin Dominance High and Low

Long
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Study this chart:

This chart show this current cycle expected Highs and lows on the Bitcoin Dominance.
As we all know:

when Bitcoin Dominance is HIGH we are in a BEAR MARKET
when Bitcoin Dominance is LOW we are in a BULL MARKET

I have calculated :
Bitcoin Dominance is not going above 65%, most likely During the next BEAR MARKET we might find Bitcoin Dominance at 55%
( why? Blockchain technology is improving fast and we have several Blockchain which are currently Running and holding a significant amount of value a few example are : Ethereum, Binance, Avalanche, Polygon, Terra/luna, Solana, These Blockchain will retain a significant amount of the market cap even with a possible 80% correction.)

Bitcoin Dominance is not going under 32%, during the highs of this final part of the BULL MARKET the charts shows that Bitcoin remain the premier store of value for Institutions, Investors and Nations.

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