‘Face Melting’ Altcoin Rally Brewing for April, Says Crypto Trader Lark Davis

‘Face Melting’ Altcoin Rally Brewing for April, Says Crypto Trader Lark Davis


Popular crypto analyst and trader Lark Davis says that a ‘face-melting’ altcoin bull run is in the cards for April.

In a new video, Davis tells his 267,000 YouTube subscribers that if Bitcoin’s dominance in the crypto market falls towards the 52% level, altcoins could ignite more exponential rallies.

“If Bitcoin dominance falls that far, then Ethereum is going to $3,000 and most of the large-cap cryptocurrencies will do 2-5x gains and most of the mid-cap cryptocurrencies will do 10-20x gains and all the small caps [will do] 50,100x gains. Basically, all of them will do that. So this is a very, very important indicator to be watching over the coming weeks. Bitcoin dominance is a pretty solid market indicator in terms of sentiment towards altcoins.” 

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According to CoinMarketCap, Bitcoin dominance has plunged from around 70% at the beginning of the year to around 55.5% at the time of writing.

The Bitcoin dominance index is the ratio between

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