Market Cap BTC Dominance, %
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Bitcoin vs Altcoins

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Hello, Traders!
Monfex is at your service and today we overview Bitcoin Dominance.

The domination is near the strong resistance line and MA100 and most likely this week we will see a rebound down to the zone of intersection the middle line of the large ascending channel with the bottom line of the falling wedge from which this percents can go up.

Summarize :
  • first target ~ 68 %
  • after this it can rise up to 70 %
  • Altcoins looks better in a short-term position


  • Market Cap
    $222 510 336 037
  • Volume (24h)
    $55 096 410 013


Share your thoughts, ideas about the market under the chart.

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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
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