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

www.fxstreet.com

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.

Read in Full: www.fxstreet.com
Bitcoin BTC
$ 64230.12
Bitcoin BCH
$ 480.9

Timeline of Bitcoin, Bitcoin-cash, Bitcoin-diamond, Bitcoin-gold, Bitcoin-sv, Diamond

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Bitcoin Bitcoin
64032.7000 -3.93%
Ethereum Ethereum
3126.50000 -4.58%
BNB BNB
607.491000 -0.52%
Solana Solana
145.708000 -8.22%
XRP XRP
0.52046300 -4.32%