Bitcoin dominance is currently forming a symmetrical triangle pattern. If it breaks out of this pattern upwards, it could climb back to the 55% zone. This might lead to a decrease in the value of alternative cryptocurrencies (altcoins). However, if Bitcoin's dominance breaks down and falls below the support level of 53%, it could drop to 52% or even 50%. This could be beneficial for altcoins, which might start performing well if Bitcoin remains stable during this time. Manage your risk and trade accordingly. Be patient and wait for the right time to print money.
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