nagihatoum

BTC.d Mini ALTs season or crash

Short
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
BTC.d rises during and after market crashes and beginning of bullruns. Rarely does BTC outperform ALTs at the end of a bullmarket. In 2018 ETH reached ATH while BTC crashed 30%.
Currently BTC is out performing Alts, but BTC.d is reaching resistance and we can see BTC.d drop and Alts take off. If BTC.d keep rising I am afraid it is due to a crash.

The CCI is in overbought, BTC will keep outperforming Alts for some days until CCI drops out of Oversold.

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.