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Babenski
Apr 5, 2024 12:38 PM

BTC DOMINANCE UPDATE 

Market Cap BTC Dominance, %CRYPTOCAP

Description

BTC DOMINANCE UPDATE

The relationship between BTC dominance & Altcoins growth is Inverse relationship

Good time to accumulate altcoins when dominance of BTC is about to drop/ breakdown

Here in chart we can see 2 potential scenarios :

Scenario 1: start to drop near current level

Scenario 2: sharp rise to 59% - 62% before dropping ..

The real altseason will start when we drop
So Keep an eye on this chart …
Comments
Setupsfx_
agree with your analysis
Xanrox
60% seems to be a strong resistance, I agree
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