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Bitcoin Dominance May Face Reversal: Potential Bearish Divergence Ahead | Flash News Detail | Blockchain.News
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10/21/2024 7:30:00 PM

Bitcoin Dominance May Face Reversal: Potential Bearish Divergence Ahead

Bitcoin Dominance May Face Reversal: Potential Bearish Divergence Ahead

According to CryptoMichNL, Bitcoin's market dominance is at a peak and may soon reverse. This potential reversal could occur in the coming weeks, influenced by a possible Ethereum ($ETH) reversal and negative labor market data. If these factors align, it could result in one of the most significant bearish divergences observed in recent times.

Source

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast