CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Looking at BTC dominance on a 1 day chart vs 1 week chart.

Previously we have seen how BTC dominance has M' ed out on the weekly chart and failed. We have come to a potential reversal zone where it is met with resistance and creating an M top on the 1D. If BTC fails here we could see a nice flow of money into alts.

* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.