#Bitcoin Dominance Pump Incoming? Alts in Danger!
Let's get straight to the chart.
It's been a while since I posted this chart on BTC .D,
BITCOIN Dominance is currently facing the triangular resistance.
The rejection would lead to some rally in BTC pairs.
Unless we see a confirmed breakout or a breakdown it's better to wait for now.
IMHO Bitcoin looks prime at this point so if the current money in the market flows in BTC we won't see much change in ALTS/USDT pairs. Instead, we will see a dump in BTC pairs because of an increase in BTC dominance.
What's your thought on this? Do share in the comments section.
More updates coming up.
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