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But, evaluating the possibility of BTC dominance reaching ~60 to 65%, we can project Market Cap in Bitcoin based on:
Actual BTC Dominance applied to Total Crypto Cap!
Unfortunately the supporting image did not load....
But, evaluating the possibility of BTC dominance reaching ~60 to 65%, we can project Market Cap in Bitcoin based on:
Actual BTC Dominance applied to Total Crypto Cap!
Monthly Charts: Total Crypto Cap (up $1.2T to $10T) and BTC Dominance rising (~60-65%)
In this context, with an MCap close to $10T, we can see BTC surpassing Mcap of $5.5T.
The probability is that BTC will reach a nominal value in the pair (BTC/USD) in the range of 250k to 300k per unit.
Are you ready for that?
It is worth remembering that this is a correlation with Bitcoin Spot ETF's, from financial market giants such as BlackRock, Fidelity, Invesco... which may become a reality, if the SEC allows it.
Anyway, regardless, I continue to do my DCA with a long-term focus on BTC
DYOR