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TronWeekly

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Bitcoin Nears 70% Dominance, Raising Pressure On Altcoin Market

  • BTC dominance rises to 60%, pressuring altcoins as investor capital increasingly flows into Bitcoin’s market share.
  • Bitcoin reaches $70,000 with $100,000 potential if it holds above key resistance levels, signaling further bullish momentum.
  • Increasing BTC dominance raises concerns for altcoins as more investors and liquidity shift towards Bitcoin.
  • Analysts predict either sustained BTC dominance or a potential shift allowing altcoins to rebound in upcoming market cycles.

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