altan.cankaya.9

BTC D Btc dominance need to break below 67.5 first

Short
altan.cankaya.9 Updated   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
For the altcoin season we have short term 67.50 barrier and later on the main trendline 63.xx level standing. On the weekly chart its clearly showing. According to the current way we are slowly dropping and altcoin season is becoming closer.
Comment:
68 level well reacted... Still holding the ground but nobody knows how long it can. Normally dominance is rising with when btc rising but during last days oppositelly standing or rising with btc drop. So need to follow 68. If it break below clearly on daily charts it can open the way for altcoins
Comment:
68 is too strong and dropping btc is helping dominance. Halving issue will be on the table soon and waiting for weakness at dominance

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.