Welcome to ST Commodity Trading & Advisory Services Ltd, we have over 8 years of expertise

P.O. BOX 14414 POSTAL CODE 00800
WESTLANDS, NAIROBI KENYA.

+923000124477
info@stta.io

Mon - Sat 9.00 - 19.00
Sunday Closed

BITCOIN DOMINANCE CHART

  • Bitcoin dominance rate bottomed out in January 2018 at 35% dominance rate, and reversed for a new major Uptrend.
  • Since January 2018, BTC following uptrend Line on weekly Chart.
  • Bitcoin peaked at 72% dominance rate in October, 2019. Since then, it is consolidating and become range bound.
  • Bitcoin is ab’t to break it’s range sooner than later. Range lies in between 63% to 70 %.
  • Altcoin movement is uncertain until BTC dominance breaks on either way.

Recommendation

Traders and Investors should have atleast 50% bitcoins in their portfolio at this moment. If the dominance falls below 63% level, traders & Investors may convert 80% of bitcoins in Altcoins.

(Not a Financial Advice, Disclaimer on Company’s official website shall apply)