Ox_panda

btc market cap on crossroads. Alts future depends on it

Ox_panda Updated   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Btc.d approaching diag R. it appears to be consolidation below r which is an indication of strong movement coming next.
A clear rejection alts moon party .
A strong breaking and flip not gonna good for alts. alts doom party..
All eyes on this chart...
Comment:
btc market cap fell off from a cliff. breaking down through two diag Ss. Uptrend broken
Good or Bad?
now at 64 approaching strong H support. is also a area btc.d like to bounce off. excercise caution.
eyes open watch out the trend
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