Crypto Stats: MC, dominance, searches & Bitcoin fighting hard to stay alive
Bitcoin's dominance is rising strong in the past days. We're at 57%, the Nov - Dec 2017 levels, approaching the one year high of 64%.
Click here to enlarge the image
The market cap is back below 200bln, at the August 14 low of 190bln. Maybe we'll see a shy bounce from here, but I don't know what to say... I see the bears are back in control, dissolving all the bullish accumulated momentum.
Click here to enlarge the image
Based on coingossip, these are the most searched cryptos in the last seven days.
Bitcoin did a brief touchdown today on the lower support line. If we break this line (circle), I believe we're going to see Bitcoin at 5200$ and the Market Cap at around 160 bln. A hard fight is happening right now at that level.
Click here to enlarge the image
These are some of the exchanges I use:
(you can support my work by registering via these links)
- Bitfinex - my most used exchange
- Binance - most popular exchange
- Kucoin - excellent exchange, rising in popularity
- Gate - for small cap / new coins
- Huobi - margin trading
- Coinexchange - big variety of coins
ALWAYS CREATE A DIFFERENT PASSWORD FOR EACH EXCHANGE!NEVER HAVE THE SAME PASSWORD TWICE!SAVE THE PAGES TO YOUR BOOKMARKS, SO THAT YOU WON'T CLICK ON SCAM SITES! MANY GOT FOOLED AND LOST A LOT OF MONEY!Thanks for reading and safe trading!✌
If you find this post useful please:
Dominance is really one indicator that people over look then most. I hope the crash stops at one point
Posted using Partiko iOS
It will eventually stop. Nothing lasts forever, not even this bear market!
yeah I was saying the same thing back in December for BTC and in January for alts. Every craze has a correction. Alts were over valued they got corrected. BTC was over valued got corrected. This bear market will end and we will see a new full alt season soon