Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: cheezcarls on December 07, 2019, 08:20:21 PM
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The long-term chart for the Bitcoin dominance rate reveals weakness and suggests that the rate will fall. However, lower-term timeframes reveal a bullish pattern that indicates an upward move will transpire initially.
The Bitcoin dominance rate has been gradually decreasing since September 5, when it reached a high of 73.44 percent. This has caused numerous traders and influences to call for the beginning of “Altseason” — but, until now, the calls have all been premature.
Source link here (https://beincrypto.com/bitcoin-dominance-rate-decrease-anticipated-by-analyst/?utm_campaign=amba&utm_medium=social&utm_source=altcoinstalks&utm_content=jc)