Bitcoin Dominance 6-Month Low Doesn’t Mean Price Is ‘Ultra-Bearish’

Bitcoin can even drop to $8,800 and remain a bullish play, one analyst thinks

“...I'm not seeing anything ultra bearish in particular,” he summarized in a tweet on Friday. 

“So far: Just a corrective move in an up-trending market. Even $8,800 wouldn't be that bad.”

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