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ruble
Jul 29, 2020 11:32 AM

Weekly Bitcoin dominance analysis Btc.D Short

Market Cap BTC Dominance, %CRYPTOCAP

Description

Bitcoin domination has not increased. But before domination rose, prices increased. The money is still floating in altcoins.

Need to trade carefully. Buying bitcoins from this point can be dangerous. I think it is necessary to wait for domination to rise.

This is an amateur work. It is not investment advice. Good luck to everyone.

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Bitcoin domination is still not heartwarming. The 1-week already broke the bullish trend down n' created a new trend channel. In 4-hour candles, when you look at the 2-month data, u can see that a lower channel is formed. I think we should protect the alt coins.
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