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chsnyder
Apr 30, 2021 8:56 PM

Bitcoin Dominance to set All time lows  Short

Market Cap BTC Dominance, %CRYPTOCAP

Description

We should see bitcoin dominance (BTC.D) slowly decay as we get towards summer. I expect a rebound later this year and then as altcoin season kicks into final gear, bitcoin should print a lower high while altcoins take off to new highs. Causing bitcoin dominance to potentially break all time lows. However, if that happens it will be quick rebounding meaning that altcoins will top at the same time (TOTAL2TOTAL2). Bullish all around but altcoins set to outperform. Very similar to 2017 except it has been 1230 days since the 20k peak and a lot of new money is here. Exciting. Take profits in summer, buy the dips, and sell most altcoin holdings come 2022 :). BINANCE:MATICUSDT BINANCE:VETUSDT KUCOIN:API3USDT
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