The recent dip spurred some fears but so far the sell-off didn’t spread beyond Bitcoin. ETH, BNB, and many other cryptocurrencies already recouped most losses.
The usual weekly questions to Hybrid Intelligence can help to gauge the trend:
“Bitcoin crypto market share settled at 51.91% at 12:30 PM UTC on Wednesday, April 21. Will Bitcoin's market share climb above 52.95% (+2%) earlier than drop below 50.87% (-2%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 11%
This means BTC dominance will likely drop further. Last week it already dipped below 51% and now that looks like the resistance level.
Another question is helpful for estimating the overall trend:
“The cryptocurrency Market Capitalization settled at 1991B USD at 12:30 PM UTC on Wednesday, April 21. Will the Market cap climb above 2140.3B USD (+7.5%) earlier than drop below 1841.7B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 70%
This is a bullish sign for altcoins. The $2 trillion level now looks solid with many assets being quickly scooped at discounted prices.
Together these indicators point to another altseason. With a firm support level and a relatively limited range for BTC, many traders will search for moonshots among other cryptocurrencies.
The usual weekly questions to Hybrid Intelligence can help to gauge the trend:
“Bitcoin crypto market share settled at 51.91% at 12:30 PM UTC on Wednesday, April 21. Will Bitcoin's market share climb above 52.95% (+2%) earlier than drop below 50.87% (-2%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
-------------------------------------
Assurance: 11%
This means BTC dominance will likely drop further. Last week it already dipped below 51% and now that looks like the resistance level.
Another question is helpful for estimating the overall trend:
“The cryptocurrency Market Capitalization settled at 1991B USD at 12:30 PM UTC on Wednesday, April 21. Will the Market cap climb above 2140.3B USD (+7.5%) earlier than drop below 1841.7B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
-------------------------------------
Assurance: 70%
This is a bullish sign for altcoins. The $2 trillion level now looks solid with many assets being quickly scooped at discounted prices.
Together these indicators point to another altseason. With a firm support level and a relatively limited range for BTC, many traders will search for moonshots among other cryptocurrencies.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.