bitcharger

Bitcoin Dominance: Alts will suffer more

Long
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
I expect more traders shift to BTC instead of altcoins according to bitcoin dominance chart. this will cause more pain for alts in coming days. Better to trade in BTC/USDT instead of BTC/Alts in coming days. 49 - 50 is the S/R level and if it rejected we consider Wave "B" from ABC completed and will jump back to altcoins for better profit.
Alts will follow bitcoin if price moved higher but may not be able to outperform BTC till we reject from 50% level..

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