Hey there, nothing serious just a quick update on Bitcoin dominance (BTC.D)
This and upcoming month is very important for Bitcoin in way of its crypto market dominance. If it breaks and close below current zone which is possible because there is also H&S pattern formation then its very likely to keep bleeding but on the other hand there is possibility of BTC.D bounce in these zones and that could bring some nice turbulance,liquidity and lot of opportunities between alts and bitcoin in next weeks
ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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Altcoins will disconnect as the previous 2 market cycles. BTC just bouncing around until that happens. Everyone should have already bought their altcoins months ago. Don't chase the shiny green candle.
always always always when we had bullish trend for Btc after that we had serious jumps for altcoins
by the way we will see
shy_glizzy
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i would have to disagree. while btc is bearish, it certainly will keep its dominance. alts are weak. As seen today, btc barely dropped, and alts got wrecked.
aquario7s
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@shy_glizzy, Your disagreement has already failed. BTC dominance is ALREADY LOW. Go look at BTC.d. Also, go Google "is it altcoin season". Yes, most coins are beating BTC.