JamesRennie

Alt coin accumulation phase

Long
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %

Look for long term holders to start to move to alt coins while new wave 3 money moves into Bitcoin. On the BTC.D chart I have marked a time window in 2016 that I think this could be very similar to. I don't think we are at a point yet where we will see a huge drop on BTC.D weekly chart. A large dollar spike on multiple alt coins is very possible as I have shown a near 200% gain on Bitcoin with alt coins likely keeping pace.

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