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MichaelL200

Bitcoin Dominance, Weekly, BTC as a crypto-safe-heaven

Long
Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)  
MichaelL200  
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Trend Analysis Supply and Demand btcdominance btcd BTC Bitcoin (Cryptocurrency) altcoins bearmarket choch Supply Zone
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trendanalysis supplyanddemand btcdominance btcd btc bitcoin altcoins bearmarket choch supplyzone
I think the recent bearish CHoCH on BTC.D is fake and it is only a liquidity grab of the previous bullish CHoCH. During the recent bull market, Bitcoin has lost its dominance. That's why I think that during this bearish market, the altcoin drops may still be ahead of us. Bitcoin dominance would continue to decrease after reaching the imbalanced zone before the 1st CHoCH.

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