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Guts š§āāļøš©
@gutts.eth
Bitcoin dominance is climbing again After bottoming in December 2024 at ~54%, BTC dominance has surged past 57% in January 2025. This mirrors the 2020 cycle, where BTC dominance bottomed in Nov '20 (~60%), then rallied to 69% in Jan '21 before starting to decline again. In the last cycle, Bitcoin dominance peaked near 72%. Shortly after, BTC hit ~$40K - over 2x its prior cycle's ATH - but still far from the eventual $64K top. Dominance began dropping as BTC's price soared, signalling a shift in risk appetite toward riskier assets.
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ROSE
@black-rose
3200 $DEGEN
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