Bitcoin's Dominance Under Stress

in crypto •  13 days ago 

Here are a lot of charts filled with lines and circles that tell us lots of things.

Bitcoin Dominance Dropped Below 50%, What This Could Mean For The Market

They tell us what we already know: that Bitcoin's crypto dominance is down to 50%.

And they tell us what we don't know: where the next bottom is!

Except they are all wild guesses.

So it remains a known unknown.

One interesting thing is that blockchains are able to reveal data that is usually obscured in traditional financial markets.

Knowing that also means one can manipulate such data. What fun!

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Somewhat allegorical