Get started
MrCarstenF

Bitcoin dominance may just had top out at 70%

Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)  
MrCarstenF Updated   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Trend Analysis Chart Patterns BTC altcoins bitcoindominance Double Top
5
0
trendanalysis chartpattern btc altcoins bitcoindominance doubletop
Please see below.
Comment:
BTC dominance has just gone below its 21D EMA indicating short term bearish trend.

snapshot
Comment:
Altcoins which lead the spring reversal for the crypto market e.g. Litecoin, EOS and Cardano have just moved above their 21D MA against Bitcoin indicating short term bullish trend relatively against BTC. See below:

snapshot
snapshot
snapshot

Ethereum is currently lagging though:

snapshot
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.