Bitcoin

Rekt

Coin

<ul class="news-points"> 
 <li>Rekt Capital predicted in a tweet yesterday that BTC’s market dominance would soar soon.</li> 
 <li>The trader and analyst forecasted that altcoin prices will climb following the increase in BTC’s dominance.</li> 
 <li>Meanwhile, Ali predicted that BTC closing a daily candle above $31.5K will result in BTC’s uptrend continuing.</li> 
</ul> 
The crypto trader and analyst Rekt Capital predicted in a <a href="https://twitter.com/rektcapital/status/1672697532390993922" target="_blank" rel="nofollow">tweet</a> yesterday that the market dominance for Bitcoin (BTC) may drastically increase this July. His prediction is based off of the trend witnessed in the middle of 2018. Should history repeat itself this July and BTC’s dominance surges, the trader forecasted that altcoins may struggle to keep up with BTC. 
Rekt Capital’s post went on to add that capital may flow out of BTC and into the altcoin market. He was not, however, able to give an estimate of when the capital inflow into altcoins would happen. According to him, an early indication will be when the rise in BTC’s dominance begins to slow down after the predicted surge. 
Rekt Capital was not the only analyst and trader to share his take on the market leader. Another analyst and trader Ali also published a <a href="https://twitter.com/ali_charts/status/1672568483970707458" target="_blank" rel="nofollow">tweet</a> yesterday regarding BT…
The post <a rel="nofollow" href="https://coinedition.com/btcs-market-dominance-may-skyrocket-soon-predicts-analyst/">BTC’s Market Dominance May Skyrocket Soon, Predicts Analyst</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

BTC’s Market Dominance May Skyrocket Soon, Predicts Analyst

Coin Edition

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