The most dominant cryptocurrency just got more significant. Approaches all-time high. Analysts expect more volatility ahead due to elections. BTC Open Interest touches ATH. Markets are feeling FOMO.
With Bitcoin’s dominance hitting 60%, altcoins could be facing a tough road ahead. Historically, when BTC takes the lead like this, it often marks the beginning of a more focused bull run for Bitcoin rather than the broader market.
The election impact on BTC is real, and it’s exciting yet nerve-wracking. Increased options premiums and high open interest show that big players are preparing for any outcome. November 6-8 might end up being the true test for this rally.
The quiet retail scene is surprising—back in 2021, we’d see tons of people FOMO-ing in at these levels. Perhaps the cautious sentiment is a sign of maturity or just election jitters. Either way, it seems like the big money is moving first this time.
It’s fascinating to see Bitcoin so close to a new ATH, but the calm from retail investors shows just how much the landscape has shifted. Maybe everyone’s waiting to see if it actually breaks past $73K before diving in.
With Bitcoin’s dominance hitting 60%, altcoins could be facing a tough road ahead. Historically, when BTC takes the lead like this, it often marks the beginning of a more focused bull run for Bitcoin rather than the broader market.
The election impact on BTC is real, and it’s exciting yet nerve-wracking. Increased options premiums and high open interest show that big players are preparing for any outcome. November 6-8 might end up being the true test for this rally.
The quiet retail scene is surprising—back in 2021, we’d see tons of people FOMO-ing in at these levels. Perhaps the cautious sentiment is a sign of maturity or just election jitters. Either way, it seems like the big money is moving first this time.
It’s fascinating to see Bitcoin so close to a new ATH, but the calm from retail investors shows just how much the landscape has shifted. Maybe everyone’s waiting to see if it actually breaks past $73K before diving in.
Wow!! So close to ATH!! ♥️☀️☮️🌈🏁