Crypto Token Tracker logo Crypto Token Tracker logo
CoinOtag 2024-07-06 14:23:46

Bitcoin Potential Bottom Range Identified: Market Dominance Below 55% Signals Possible Altcoin Season

Bitcoin’s (BTC) current price trend illustrates a sustained descent, with projections identifying a potential price floor between $52,000 and $54,000. Notably, Bitcoin’s market dominance has slipped below 55%, which could indicate the beginning of an altcoin upswing. Experts believe that the advent of spot Ethereum ETFs could lead to increased institutional investment, benefiting the broader

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.