Bitcoin has a very nice 2023 till now on. The Russian/Ukrain pressure but also the banking sector that is running on it's broken engine gives Bitcoin energy and room to grow in price and confidence. We could call Bitcoin a digital safe haven.
For the crytpo-investors we could see a turningpoint in the cryptospace. The Bitcoin Dominance made several tops at the level where it's heading now and on the day/week charts we could see a top forming which means that the Dominance could drop to the bottom of the rectangle I drawed. That implicates that the Altcoins gets more markt-capital compared to Bitcoin.
Several Altcoins will spike on this movement in Dominance when Bitcoin will trade sideways or slowly downwards.
For the crytpo-investors we could see a turningpoint in the cryptospace. The Bitcoin Dominance made several tops at the level where it's heading now and on the day/week charts we could see a top forming which means that the Dominance could drop to the bottom of the rectangle I drawed. That implicates that the Altcoins gets more markt-capital compared to Bitcoin.
Several Altcoins will spike on this movement in Dominance when Bitcoin will trade sideways or slowly downwards.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.