just taking a quick squiz at this dom chart. been neglecting this one.
cycles of degen:
bitcoin pumps again leaving most alts behind. select few alts pump with it or beat it % wise.
btc dom flats out and another wave of alts pumps.
everything dumps.
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looks to be progressing well. guessing a mini alt run here, then one BIG push by the big dog, then range/slight down as alts make their next decent move up. then another big final push by btc, final alt run then splat for everything.
same shit different day,,, i mean year.
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time for BTC to push up here against most ALTS
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here we go, last power move incoming for BTC
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first spike/touch the main line complete. looks like a grind up to that area, prob as a few alts get some good pull backs here.
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waiting for btc to push up here in strength, or another leg down on alts against btc would do it too.
im guessing btc and a select few tokens pump hard here. 56k incoming. hopefully. haha
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btc going for that push above now, its gonna keep sucking the capital out of most alts to finish its thrust.
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LOOK AT THE START OF JULY 2019, we hitting that channel in the same fuckin way, price action the SAME!!! man i love this shit sometimes its like having a crystal ball. i derisked almost everything as RUNE led this last dump.
waiting to buy discounted bags here then final move begins