Is BTC Ready For a New ATH?
BTC may be preparing to test its previous all-time high of approximately $64,800 or so as it crosses $63,800 at the time of posting. BTC’s dominance has moved up to 47.8%, and the overall cryptocurrency market’s volume is once again above $90 billion.
BTC market cap dominance is currently testing areas of resistance not seen since July after finding itself testing longer-term areas of support. If BTC dominance breaks this area of resistance, it's possible we could see BTC continuing to take up larger portions of the cryptocurrency marketshare in the short-term.