Been watching the bitcoin fluctuate over the weekend between 5.6K to 6.1K. It did reach an ATH of 7.4K USD. At the time of me writing this comment, BTC just regained it's position to 5.8K from 5.6K only moments ago.
BCC has taking a substantial amount in a very short period. Reaching it's own ATH of 2.4K. WHo knows if it can hold it's position for long. Is it new Fiat coming in? trades from altcoins? During the weekend, it was enough for BTC to lose 2% of it's market dominance from 54% to 52%. Current it's at 51.2% according to Coincapmarket.
I still believe BTC will remain king. I don't even have much in BTC i have more invested with alcoints. But since I'm currently stuck making a FOMO trade with BCC, I do hope BTC plummets down further to regain what I lost.
PS All fiat currencies in USD.
I'm aware of the ATH of 7.4K USD, and 5.6K too, that is not part of this equation anymore if we pass 5K, but is very important for our next bull run.
This is great for ALTs. The USD value may look pretty bad but in terms of BTC they will look great soon. II'll be trading into BTC for sure come these lower levels.
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