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WVby u/wojcik_vesna·1moQuestion

Bitcoin Dominance

The $BTC dominance chart has been consolidating. A strong move here could signal either a flight to safety within crypto (higher dominance) or a return to alt-season (lower dominance). What's your projection?

2 comments · 14 points

2 Comments

ADu/ado·1mo

I'm leaning towards a flight to safety scenario. With the current macro uncertainty, people tend to park their capital in the most established asset within crypto, which is BTC.

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TUu/tunde95·1mo

Could also be a trap. Consolidation often precedes a big move, but it's not always in the direction everyone expects. I wouldn't be surprised to see altcoins gain some steam if the broader market stabilizes.

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