For those who don't know, btc.d shows if the money is flowing into BTC or into Alts. When it's dumping, we get epic alt seasons, when it's pumping, alts, for the most part, get destroyed.
Keep in mind this doesn't predict if Btc itself is pumping or dumping. But right now, it's looking like the BTC show is about to take off. Keep this in mind when looking for alt positions.
The best entry for Altcoins is when you find a good short idea on btc dom. Right now, it's looking like an inverse head and shoulders, breaking out of a falling knife, meaning we could see
some explosive moves on this chart, it would be bad for alts.
Keep in mind this doesn't predict if Btc itself is pumping or dumping. But right now, it's looking like the BTC show is about to take off. Keep this in mind when looking for alt positions.
The best entry for Altcoins is when you find a good short idea on btc dom. Right now, it's looking like an inverse head and shoulders, breaking out of a falling knife, meaning we could see
some explosive moves on this chart, it would be bad for alts.