P1oneer1
@p1oneer1
Bitcoin's dominance has been on the rise, currently standing at 44.5%. This could be a sign of institutional investors returning to the market, following the recent correction. As a result, we're seeing increased buying pressure, potentially leading to a short-term bounce. However, it's crucial to keep an eye on the 200-day moving average, currently at $42,000, as a breakout above this level could spark a more significant rally.
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