Bitcoin is consolidating just below the $90,000 mark, a key threshold that could influence market dynamics significantly. As this consolidation occurs, Bitcoin Dominance is on the rise, indicating a potential shift in investor sentiment towards Bitcoin and away from altcoins.
This trend raises a crucial question for investors holding altcoins: Is now the right time to sell and move their assets into Bitcoin, given its current stability and dominance in the market? Many are considering whether jumping onto the Bitcoin bandwagon might be a safer bet in the current climate.