Bitcoin may retreat further before another run to $9,000 - FXStreet

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Bitcoin loses its market share as altcoins are more successful. Notably, Bitcoin's market dominance dropped to 66.1%, which is the lowest level since the end of November.

Thee decrease of the market share is caused by strong growth of Bitcoin forks, including Bitcoin Cash, Bitcoin SV, Bitcoin Gold and Bitcoin Diamond. Reinforced by 50% Fibo retracement, it is likely to limit the downside correction for the time being.

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