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Sparkster
May 29, 2020 10:18 AM

The Battle of Bitcoin Dominance 

Market Cap BTC Dominance, %CRYPTOCAP

Description

  • BTC.D remains compelling as the bulls and bears battle over bitcoin maximalism vs a new epic altcoin bull run.
  • If BTC can get ahead, it will trigger a surge of altcoin selling as the market floods bitcoin and fulfils the maximalist dream.
  • It altcoins as a whole maintain higher % gains than BTCUSD, then BTC.D will weaken, drop back away from the current major long-term resistance level (shown white) and BTCUSD holders will look in envy as altcoins surge this summer.


As of right now, we are neutral.
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