- Bitcoin’s dominance was set to surpass 60% at the time of writing.
- Bitcoin wallet activities saw a resurgence despite negative Funding Rates.
Bitcoin’s [BTC] dominance has steadily been increasing, with 60% at reach during press time.
The death cross, where the short-term average falls below the long-term average, has crossed over on the daily chart, but remains on the weekly chart.
In 2023, Bitcoin began to rise right after this event, moving above its 50-day moving average and maintaining it as support.
However, in 2022, Bitcoin had a small rally before the death cross, but it faded afterward, similar to 2021.

Source: TradingView
In 2020, Bitcoin also rose into the death cross, had a brief pullback, and continued upward, similar to 2023.
The strength of the current move depends on Bitcoin staying above $60K and holding that level as support. If it fails, a slow decline might follow until the Fed makes a move.
What does the negative BTC Funding Rate mean?
Bitcoin has recently experienced its first major, 33% decline in this bull market. The Funding Rate for BTC has gone negative again, signaling a potential buying opportunity for long-term investors.
Major buyers such as Blackrock and MicroStrategy are increasing their Bitcoin holdings.
As the business cycle reaches a low point with the ISM index below 50, Bitcoin’s dominance in the market is expected to rise.

Source: CryptoQuant
Bitcoin addresses holding more than 0.1 BTC hits ATH
The number of Bitcoin addresses holding more than 0.1 BTC is growing steadily, signaling dominance is increasing as well as whales’ buying activities.
Over the past month, they have accumulated $23 billion worth of Bitcoin. Long-term holders, those who plan to keep their BTC for the foreseeable future also moved 404,448 BTC, valued at $22.8 billion, to their addresses.
This significant accumulation indicates a strong belief in Bitcoin’s future potential.

Source: Bitcoin Magazine PRO
Is your portfolio green? Check out the BTC Profit Calculator
ETH/BTC rotates back up
Ethereum initially rebounded strongly after this week’s market crash, but quickly lost those gains as Jump Trading continued to sell.
The declining ETH/BTC chart indicates that Bitcoin’s dominance will likely continue to grow, especially considering Ethereum is the largest cryptocurrency after Bitcoin.

Source: TradingView
- Bitcoin’s dominance was set to surpass 60% at the time of writing.
- Bitcoin wallet activities saw a resurgence despite negative Funding Rates.
Bitcoin’s [BTC] dominance has steadily been increasing, with 60% at reach during press time.
The death cross, where the short-term average falls below the long-term average, has crossed over on the daily chart, but remains on the weekly chart.
In 2023, Bitcoin began to rise right after this event, moving above its 50-day moving average and maintaining it as support.
However, in 2022, Bitcoin had a small rally before the death cross, but it faded afterward, similar to 2021.

Source: TradingView
In 2020, Bitcoin also rose into the death cross, had a brief pullback, and continued upward, similar to 2023.
The strength of the current move depends on Bitcoin staying above $60K and holding that level as support. If it fails, a slow decline might follow until the Fed makes a move.
What does the negative BTC Funding Rate mean?
Bitcoin has recently experienced its first major, 33% decline in this bull market. The Funding Rate for BTC has gone negative again, signaling a potential buying opportunity for long-term investors.
Major buyers such as Blackrock and MicroStrategy are increasing their Bitcoin holdings.
As the business cycle reaches a low point with the ISM index below 50, Bitcoin’s dominance in the market is expected to rise.

Source: CryptoQuant
Bitcoin addresses holding more than 0.1 BTC hits ATH
The number of Bitcoin addresses holding more than 0.1 BTC is growing steadily, signaling dominance is increasing as well as whales’ buying activities.
Over the past month, they have accumulated $23 billion worth of Bitcoin. Long-term holders, those who plan to keep their BTC for the foreseeable future also moved 404,448 BTC, valued at $22.8 billion, to their addresses.
This significant accumulation indicates a strong belief in Bitcoin’s future potential.

Source: Bitcoin Magazine PRO
Is your portfolio green? Check out the BTC Profit Calculator
ETH/BTC rotates back up
Ethereum initially rebounded strongly after this week’s market crash, but quickly lost those gains as Jump Trading continued to sell.
The declining ETH/BTC chart indicates that Bitcoin’s dominance will likely continue to grow, especially considering Ethereum is the largest cryptocurrency after Bitcoin.

Source: TradingView
order generic clomiphene pills cost of clomid price order generic clomiphene without a prescription where can i get clomid price can i get clomiphene prices can you buy generic clomiphene without insurance can i order generic clomid prices
More posts like this would persuade the online play more useful.
More posts like this would prosper the blogosphere more useful.
azithromycin without prescription – purchase tindamax generic order flagyl 400mg
buy semaglutide 14mg pill – cyproheptadine 4 mg pill cyproheptadine 4mg over the counter
motilium over the counter – sumycin cheap cyclobenzaprine over the counter
order augmentin 1000mg pills – https://atbioinfo.com/ acillin pill
buy generic nexium 20mg – https://anexamate.com/ buy esomeprazole 40mg online cheap
generic coumadin 2mg – https://coumamide.com/ cozaar buy online
purchase meloxicam online cheap – https://moboxsin.com/ order mobic pills
buy prednisone 10mg – https://apreplson.com/ order prednisone 20mg generic
buy ed pill – fast ed to take site where can i buy ed pills
buy amoxicillin generic – purchase amoxil online cheap buy generic amoxil
purchase diflucan generic – https://gpdifluca.com/ diflucan 100mg without prescription
order lexapro 20mg generic – https://escitapro.com/ buy generic lexapro over the counter
order generic cialis online 20 mg 20 pills – https://ciltadgn.com/# cialis super active plus reviews
india pharmacy cialis – https://strongtadafl.com/# what is cialis pill
ranitidine 300mg pill – order zantac 150mg generic buy zantac
cheap discount viagra – https://strongvpls.com/ viagra sale high street
Greetings! Extremely productive recommendation within this article! It’s the petty changes which wish turn the largest changes. Thanks a a quantity towards sharing! sitio web
I couldn’t turn down commenting. Adequately written! azithromycin tablet
More delight pieces like this would insinuate the web better. https://ursxdol.com/azithromycin-pill-online/
More text pieces like this would urge the web better. https://prohnrg.com/product/orlistat-pills-di/
With thanks. Loads of knowledge! https://aranitidine.com/fr/en_ligne_kamagra/