BTCUSDT Analysis by @intothecryptoverse

This video analyzes Bitcoin dominance and altcoin performance against Bitcoin. It notes Bitcoin dominance is at 64.32%, with a cycle high of 65.38%. Altcoin pairs are making new lows against Bitcoin, but Ethereum against Bitcoin is comparatively higher. This suggest pullbacks in the ETH/BTC pairing correlate with lower lows in the total altcoin market cap relative to Bitcoin. The analyst suggest a potential convergence of altcoins to the range lows. The video speculates altcoin may decline to around 0.32 by June, drawing a parallel to the .33 value recorded the last day of May. The current downtrend may continue into November, similar to the trend in the prior year. Overall a bearish tone in altcoin, which may face the prior level.