Crypto Analyst: Bitcoin (BTC) Dominance May Reach 80%, Altcoins Expected to Bleed

The crypto market is at what may be its most important moment yet. Bitcoin is at weekly resistance  – and its the only thing separating Bitcoin price from reclaiming the previous all-time high of $20,000. Meanwhile, the rally has caused Bitcoin dominance to spike, and if it continues to rise in such a fashion, according to one crypto analyst it could reach an extended “5th wave” and take it to as much as 80% dominance.

The move would almost certainly decimate the altcoin market,...


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