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CryptoPatel
Nov 20, 2022 4:04 AM

Altcoins Bloodbath Coming Soon..? Long

Market Cap BTC Dominance, %CRYPTOCAP

Description

#Bitcoin Dominance chart:-

#BTC dominance weekly Chart looking Dominance at bear Bottom Level.
Which is Not good For Altcoins in BTC Pairs.

We can see Strong bounce before one more Down.

Support:- 39%
Resistance:- 48% / 58% / 71%

Imo Altcoins will bearish in Coming Weeks/Months in BTC Pairs.

If You are trading Altcoins in BTC Pairs then wait Long for Best Entry.

Now Max BTC Pairs Altcoins near about ATH so Keep an eye that will be big Dump in coming days.

Please Like and Appreciate.
Comments
onelikeno1
btc can not get more than 50% before 2025
tvpgoldfish
Lol
AKULA123
you post this one month back also so many alts pumping hard 2 to 20 x
tosicsj
Dear trader, your chart is flawed, and not just yours, but other traders here are making the same mistake by including stable coins in this chart. Stable coins are stable, they don't fluctuate in price, and their market cap dramatically increased in last couple of years. Thy are around 150 billion in market cap, and if you include them in this chart, chart shall be distorted. Simple example: btc doesn't move, alt coins don't move, and in meantime stable coins increase for lets say 5 billion dollars, and your chart will show btc dominance went down, but it's actually flat in real life. More btc goes down in price, even if alt coins go faster down, btc dominance will go down because of the stable coins having stable price, and having big chunk of the crypto market cap.
s0ckchanhkute
Yes sir, 55% will be confirmed :D
UnknownUnicorn15614419
Beautiful chart, my friend! This idea should definitely work, I'm sure)
Solldy
I generally agree with the publication, but my targets are a little lower and I don't think it will happen that soon.
TheNewsCrypto
Nice Analysis, Thanks
ProjectSyndicate
so far so good, reasonable targets
SwallowPremium
We like your perspective, keep it up!
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