Crypto Stats: MC, dominance, searches & Bitcoin fighting hard to stay alive
Bitcoin's dominance is rising strong in the past days. We're at 57%, the Nov - Dec 2017 levels, approaching the one year high of 64%.
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The market cap is back below 200bln, at the August 14 low of 190bln. Maybe we'll see a shy bounce from here, but I don't know what to say... I see the bears are back in control, dissolving all the bullish accumulated momentum.
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Based on coingossip, these are the most searched cryptos in the last seven days.
Bitcoin did a brief touchdown today on the lower support line. If we break this line (circle), I believe we're going to see Bitcoin at 5200$ and the Market Cap at around 160 bln. A hard fight is happening right now at that level.
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These are some of the exchanges I use:
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- Bitfinex - my most used exchange
- Binance - most popular exchange
- Kucoin - excellent exchange, rising in popularity
- Gate - for small cap / new coins
- Huobi - margin trading
- Coinexchange - big variety of coins
ALWAYS CREATE A DIFFERENT PASSWORD FOR EACH EXCHANGE!
NEVER HAVE THE SAME PASSWORD TWICE!
SAVE THE PAGES TO YOUR BOOKMARKS, SO THAT YOU WON'T CLICK ON SCAM SITES! MANY GOT FOOLED AND LOST A LOT OF MONEY!
Dominance is really one indicator that people over look then most. I hope the crash stops at one point
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It will eventually stop. Nothing lasts forever, not even this bear market!
yeah I was saying the same thing back in December for BTC and in January for alts. Every craze has a correction. Alts were over valued they got corrected. BTC was over valued got corrected. This bear market will end and we will see a new full alt season soon