This is the Bitcoin dominance chart right now.

>>60650589 (OP)
This rally will fail like all the others

>>60650589 (OP)
looks primed to go down but expect a move up in the short term imo

BTC.D is going back to 75% in the near term. In the longer term it will unironically go to 90%.

>>60650589 (OP)

Look at what happened in december, it dropped 6% then went higher anyway. Same feeling here.

>>60650589 (OP)
zoom in, it's oversold

>>60650876
> Bitcoin dominance is oversold
the absolute state of /biz

>>60650907
>/biz
go back

>>60650589 (OP)
Sell your memes, altcoins, NFTs or whatever other chump change garbage for Bitcoin ASAP.

Bitcoin is the only one that matters, and when this bull-run eventually ends, expect all of your garbage to -90% and take multiple cycles to match its previous ATH.

>>60650589 (OP)
In the past, it has dropped suddenly and very quickly. I doubt we'll experience the same thing. The low may only be at 55% or 52%.

>>60650907
check the 1D rsi
or whatever, you've been warned

jesuschrist americans wake up and they destroy days of gains in seconds

>>60650915
go drown in a bucket of shit

Dominance should be sub 30% desu, We hit 33% in 2017 with 1/100 the size of the altcoin market and 1/1000 the practicality. Altcoins massively underperformed since.

If you look at Gold to Stock market ratio, 10% dominance is the standard. I wouldn't be surprised if in 10 years we'll see something similar in crypto.

>>60650589 (OP)
The cycle is over and it never really happened. Yeah, I think internet fake money is dead for good.

>>60650983
Nobody wants altcoins. Everybody wants Bitcoin.

The "crypto market" is a dead end.

Actually look at and crunch the numbers.

>>60650876
>it's oversold
but nothing has been sold, btc is crabbing
how can something be oversold if no selling took place
stop using the wrong things on every graph tv puts in front of you

Sweet jesus, with Americans you always lose. An entire year of dumping everytime they wake up