Bitcoin Market Update and Setup Wednesday 1/7/2026
- Jan 7
- 2 min read
Bitcoin and Bitcoin dominance are both trading bearish at the moment, which aligns with the broader market reset we’ve been anticipating.
Bitcoin dominance has now moved below 59.00%, and further downside from here is likely. This is constructive for altcoins, as it typically means they decline less when Bitcoin pulls back and respond more positively when Bitcoin pushes higher.
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