This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BTC.D trembles. My thesis remains same.
I warned when bitcoin dominance was 72% and am warning again. Potential drop to 48-50% in the coming weeks.
Reasons are highly valid, because though bitcoin pumped from 108k-125k over night, dominance levels remain same.
Dilemma in whale markets plus inflows are decreasing.
Watch your bitcoin longs.