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Bitcoinist
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Bitcoin Dominance Could Climb To 64%, Putting Altcoin Recovery In Jeopardy
- Bitcoin dominance is predicted to rise further, potentially reaching 64%.
- This may lead to subdued price action for altcoins like Ethereum (ETH).
- Some analysts see the current pessimism surrounding ETH as a potential buying opportunity.
- ETH needs to break through a key resistance level at $2,300 to confirm a bullish trend reversal.
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