Finally we're seeing some signs of Bitcoin's dominance rising. It's been hovering around 33% for a while now, but is up to 35% as we speak. Ethereum, which has been outperforming Bitcoin for weeks now, was the last big one to 'fall' (down 10% against BTC today). Hopefully your prediction will come true and Bitcoin can come up to 40% or 50% market dominance again. What do you think?
RE: Why I Buy Bitcoin During Crashes Despite Calling it a Bubble
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Why I Buy Bitcoin During Crashes Despite Calling it a Bubble
Looking like it will take some time still - Altcoins fared very well this crash all things considered, especially as Bitcoin bounced back. It does illustrate that Bitcoin is safer though in the event of further falls.
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Bitcoins dominance has been hovering between 33-39% the past few weeks with an emphasis towards the lower end of the range. I wouldn't call this "rise" a statistically significant value unless it really breaks upwards of 40%.
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You're right. It needs to cross 40% to indicate a meaningful change of sentiment. I was just talking about the last couple of weeks, where it's been hovering around 33%-34%.
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