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RE: Bitcoin Dominance Hits 3 Month Highs
The dominance factor is an interesting one for sure. I like your comparison to stock market sector rotation. That makes sense to me. Bitcoin is being seen as a safer bet that’s more likely to get gains in the near term. Once some good profits have been made and the ratio is 60% or higher, then we may see some investment start to flow back into the alts. I would like to see Bitcoin over $30k with the alts lagging, then I’d like to see the alts catch fire at the Bitcoin $30k mark. May be wishful thinking, but the opportunity is there. Thanks for the post!