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CryptoCoinCoach
Dec 10, 2021 6:54 AM

BTC Dominance 3rd retest of 40% support 

Market Cap BTC Dominance, %CRYPTOCAP

Description

Hello guys, this is CCC.io

Today we will give 3 possible cases:

1. most likely : BTC dominance will breakout the down trend and will get back towards 44% - means BTC price will go up and ALTs down
2. second option is that BTC will retest 40k and therefore the Dominance will drop to 37% zone - keeping the market in panic mode - Whales accumulate and fish selling off + ETH will stay strong against the BTC and getting ready towards the "flippening"
Comments
bguner197504
The existence of an ecosystem is not possible with bitcoin alone on earth, there has always been diversity. This dominance will eventually be broken. Maybe today, maybe tomorrow, but eventually it will break. The whole process determines when and how quickly the fund owners will go through with how much profit.
CryptoCoinCoach
haha so the 3rd option is consolidation around 40% for a while and then we will see either option 1 or 2 taking shape...
ElonMusk88
where is third case?
AndroidX55
maybe possible
Flying_Dutchman_69
I’d bet on 2nd scenario
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