TraderCkay

BTC DOMINANCE, not dropping yet

TraderCkay Updated   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
We have been blessed with that very extended downwards channel you could say, in comparison with the ones before, so its rather normal we retrace a bit, there is no bearish DIV to be spotted or confirmed YET? but not for long, ALTS will get hurt some more, this can be seen as the capitulation dump for ALTS, at the same time, this could be the capitulation dump for Bitcoin is disguise , so prepare for upside, as Bitcoin has a firm pump, its often hurtfull for alts again, so this could be the prelude for a Bitcoin pump and after that, the Dominance will top off again and let the next altcoin-season began once more. The following alt-seasons wont be as the ones 2-3-4 years ago impo, there will be much more profit-taking going on on each way up, people have learned their lesson, and greed is never far away, so always keep taking profits, its very easy to do with 3Commas platform, ask my my link for a discount, feel free to try it, always 4 TP's and at the same time you can set a Stoploss, thats the advantage!!
Comment:
there is now already a big red Ishimoku-cloud also, that will be the resistance level

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