Altcoins Slowly Gain Dominance
This monthly dominance chart shows that we're at a historical support line that has held since the inception of alts beginning to take over the market back in 2014. This shows a clear sign the market is beginning to develop an appetite for risk moving into the end of the year, and will likely dramatically increase in 2024.
I don't belive this will happen overnight, but it would seem now is a good time to start accumulating Alts for the 2024 run. Bitcoin domiannce has run very hard over the last few months, i expect this will slow down as we get closer to 2024 and traders start to roll their profits into more risky assets to increase their overall returns.
I don't belive this will happen overnight, but it would seem now is a good time to start accumulating Alts for the 2024 run. Bitcoin domiannce has run very hard over the last few months, i expect this will slow down as we get closer to 2024 and traders start to roll their profits into more risky assets to increase their overall returns.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.