CRYPTOCAP:BTC.D   Market Cap BTC Dominance, % (CALCULATED BY TRADINGVIEW)
Confirmation: 55.53
Invalidation: 52.87
Type of Trade: Cyclical
Pattern: Bullish Flag

How to interpret this data?

For longs: Altcoins (i.e., ethereum , litecoin, bitcoin cash , etc.) likely to underperform Bitcoin . Altcoin traders are likely to convert holdings to Bitcoin .

For shorts: Altcoins shorts likely to outperform Bitcoin shorts.
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Comment: BO!
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Comment:
NOICE
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Altcoin traders are likely to convert holding to BITCOIN? Really?
Which coin? ETH at 0.030? ADA at 1800 sats or zil at 477? :))))))))
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Agency CryptoC77
@CryptoC77, you absolutely right, you should spend all your money and BTC on shitcoins. Don't pay attention to the data.
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vx7777 CryptoC77
@CryptoC77, REKT
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Agency vx7777
@vx7777, XD
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-With MA CROSS indicator you can see ,after some months it s the first time when we have the MA monthly AS RESISTANCE.Which is powerfull.
-MACD(momentum) is going down in monthly chart. i m waiting for a bearcross at stochastic to confirm the drop 100%
-RSI rejected .
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Agency CryptoC77
@CryptoC77, rekt
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I disagree. There are other coins that will outperform Bitcoin - a lot of them actually.
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Agency astrologychick
@astrologychick, can you provide some data to support your assumption?
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@Agency, look at the BCH/BTC chart. You can clearly see a trend reversal and BCH is in a bull market against btc. However, you are right that btc is the reserve currency for crypto and the most dominant - unfortunately - since it has been taken over by the banksters.

On the intuitive level, I see a war taking place in crypto, and the thing with war is that the unexpected becomes the norm since that’s what military strategy is all about.
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