Discover the recent Bitcoin analysis, including price trends, market conditions, and expert predictions. Understand the impact of recent events on the cryptocurrency market.
In recent days, the digital currency market has experienced significant fluctuations and events. From threats and tariffs imposed by the US president to selling positions and heavy liquidations, all have impacted the market. Analyzing the current Bitcoin price trend indicates that besides technical analysis, on-chain data are essential for a better understanding of market conditions. With Bitcoin’s dominance gradually increasing since 2023, many analysts believe that the capital rotation era from BTC to other altcoins will not repeat as before. Bitcoin market dominance is currently around 61.6%, reaching a peak of 64.3% on February 3rd.
