JamesRennie

BTC.D is the chart to watch right now.

Long
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Yesterday I posted about the Daily and Weekly chart. With BTCUSD going down but slower then other cryptocurrencies since yesterday we have seen some dominance gains buy Bitcoin. By watching both BTC.D and BTCUSD to get a picture is this a dump of the crypto market least felt by Bitcoin of a rally of Bitcoin the leads the market forward. Also price was clearly rejected at 60 today on BTC.D . Looking for higher highs and higher lows on hourly chart now. Also watching Gold vs USD , Silver vs USD, and USD vs other currencies. If dollar become deflationary everything will liquidate to pay debts. Also watching for any possible over reaction in M2 printing.

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