Bitcoin dominance its at the lower end of its current wedge. Altcoins have had their time in the sun. We have flushed to 30k. Adoption is growing. Time to get long and strong the king. Long live the king.
You think it will bounce from the bottom of the triangle? To me it looks like BTC.D keeps falling and falling while BTC keeps trading between 35K and 40K.
pocketsquare
⋅
@Funfunction1, Yeah I think alts alts have had a huge run (NUs up 40% today!). GRT, LRX, ZRX etc all the microcaps are running. Thats usually the last stage. Think we see that money rotate back to BTC soon.
@mmiller4255, Well last stage of the BTC --> ETH/LTC --> Smaller cap Altcoin rally. Then it either shifts back to BTC to start over, or the market tanks.