BTC.D - Market Update 29.06

Hello Traders!

Since last May, bitcoin dominance has been moving within a wide range of sideways movement between 39.30-48.00%.

In the May-June sell-off wave, the dominance value tested the 48.00% level, followed by an impulse correction. Most of the altcoins showed growth from their local minimums within 40-50%.

If the selling pressure on the market continues, we can expect another wave of growth on the dominance chart to the 50-52% zone, which will allow buying altcoins with a significant discount.

Good luck and watch out for the market

P.S. This is an educational analysis that shall not be considered financial advice