CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
If we see btc bottom here we could see a reversal of btc.d. A rejection of the rsi at 50 and the .5 fib would be a confirmation that alts are ready to move. Although we have the ribbon giving support to btc. As long as btc.d doesn't retest 70 this and we get rejected at 67.50..... I believe alts could rise.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.