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xbenjaminsx
Jan 8, 2021 6:44 AM

BTC.D wants to drop... not the big one just yet. 

Market Cap BTC Dominance, %CRYPTOCAP

Description

We failed to touch the top of our rising wedge around 74.2%

On the weekly looking like we will come down to retest our break out around 66%. From there I’m thinking it may head up once more to finish the top touch of the rising wedge around 74%.

After that, the real alt season may start.

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Hit ~71% resistance and rejected perfectly. Coming back down to earth.

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Comments
Zenter
Dominance may dump so hard no over seen since 3 yewrs.
ilmi89
@Zenter, and if it drops so hard, pray you're holding alt...
mmiller4255
Lets hope. Btc maxis pushing a 94 percent dom gonna be crying when this massive alt season hits, bigger than last cycle... lets hope were not the ones crying however 😂
xbenjaminsx
@mmiller4255 Totally agree. I see some people thinking it’s an ascending triangle and not a rising wedge... 94% would be absurd and change the time table of alts but that would really just sling shot them into the next dimension when BTC cools
xbenjaminsx
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