Bitcoin Dominance letting Altcoins fly?
Right now a lot of people are ready to send BTC.D to anywhere from 50 to 60 %.
50 % would be and obvious level to get rejecting and for the chart to turn around.
I've said it before. I believe we will see Dominance go to 47-49 %.
One last $BTC drop to $24-26,000 sending Dominance up in that area. That dip won't be long and Bitcoin would be back around $30,000 in no time.
More and more will start believing Bitcoin has bottom -> Faith in Etherium and Altcoins will be restored -> Dominance falls.
Be careful out there.
Please share and comment.
50 % would be and obvious level to get rejecting and for the chart to turn around.
I've said it before. I believe we will see Dominance go to 47-49 %.
One last $BTC drop to $24-26,000 sending Dominance up in that area. That dip won't be long and Bitcoin would be back around $30,000 in no time.
More and more will start believing Bitcoin has bottom -> Faith in Etherium and Altcoins will be restored -> Dominance falls.
Be careful out there.
Please share and comment.
Comment:
So far so good!