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Babenski
Jun 10, 2021 4:36 PM

BTC DOMINANCE UPDATE Long

Market Cap BTC Dominance, %CRYPTOCAP

Description

Cryptomarket is connected together and so complicated

You have to make Analysis for
1- BTC
2- BTC Dominance
3- your coin
and combine all three stuff for a good result

BTC Dominance
We can see new potential (w) or double bottom on the chart in formation ..in the past that happened too and as a result BTC Dom rise and some of alts completely eliminated ...yes we still early but take care

Market structure also has changed than last few weeks / months and seems to be only the scalping will work out in this days not holding coin for 10000% potential

BTC Dominance pumped from 40% to 44% As a result even when btc was pumping today we can see only BTC and some small sats coins (shitcoins) are strong while all the market in dump including ETH and other large cap

My view ...alt still have chance to recover but will take time and we can change our view if serious change happened ...and only few coins can prove its self in this phase

market change we change and adapt
Good luck
Comments
humzasami8
What's your view on the Death cross?
Babenski
@humzasami8 BTC view is totaly different than ALTCOINS and Dominance
TheSignalyst
Looking good dear babenski
Babenski
@TheSignalyst welcome rich 🙏
UnknownUnicorn4127247
Thanks for sharing your great analysis!
Babenski
@Mehdisouriiii thanks
TopTradingSignals
yeah well lets see how it interacts with the resistance! thanks for the update tho
Babenski
DamienWWW
good analysis. you are well done
Babenski
@DamienWWW thanks
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