👉 From March 2023, Bitcoin Dominance trade in a parallel channel.
👉 Once in Dec 2024 dominance trying to break down the channel but again enter in the channel.
👉 Now you clearly see that Bitcoin dominance successfully breakout the parallel channel.
👉 Bitcoin price gaining momentum but Alts still looks weak as compared to the btc. So btc dominance is only the reason behind this no Altseason and today btc dominance makes an ATH of this cycle.
👉 Now the stoppage of this dominance is around 70-72% because this is a top of btc dominance in last cycle.
👉 There’s no altseason until Bitcoin dominance goes down.
👉 From March 2023, Bitcoin Dominance trade in a parallel channel.
👉 Once in Dec 2024 dominance trying to break down the channel but again enter in the channel.
👉 Now you clearly see that Bitcoin dominance successfully breakout the parallel channel.
👉 Bitcoin price gaining momentum but Alts still looks weak as compared to the btc. So btc dominance is only the reason behind this no Altseason and today btc dominance makes an ATH of this cycle.
👉 Now the stoppage of this dominance is around 70-72% because this is a top of btc dominance in last cycle.
👉 There’s no altseason until Bitcoin dominance goes down.
Bitcoin is built on a distributed digital record called a blockchain. As the name implies, blockchain is a linked body of data, made up of units called blocks that contain information about each and every transaction, including date and time, total value, buyer and seller, and a unique identifying code for each exchange. Entries are strung together in chronological order, creating a digital chain of blocks. “Once a block is added to the blockchain, it becomes accessible to anyone who wishes to view it, acting as a public ledger of cryptocurrency transactions,” says Stacey Harris, consultant for Pelicoin, a network of cryptocurrency ATMs. Blockchain is decentralized, which means it’s not controlled by any one organization. “It’s like a Google Doc that anyone can work on,” says Buchi Okoro, CEO and co-founder of African cryptocurrency exchange Quidax. “Nobody owns it, but anyone who has a link can contribute to it. And as different people update it, your copy also gets updated.”
A project of our size needs at least a few hundred million dollars per year to keep going,” Mr. Durov wrote in his public channel on Telegram late last year. “While doing that, we will remain independent and stay true to our values, redefining how a tech company should operate.
