UnknownUnicorn1846081

Bitcoin dominance is showing a move on the RSI on a weekly scale

Short
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Bitcoin dominance is showing a weekly RSI cross. It is likely that Bitcoin dominance will increase. This could be as a result of a break up or down. If up then I would sell ALTS to Bitcoin. If down then I would go to a stable coin. Be very careful. Bitcoin is also showing a sequential 9 sell on the weekly. The confluence here is screaming for a swift sell off, and a resultant increase in Bitcoin dominance as ALTS dump violently. As we are so correlated to the S & P 500 I would watch for a break down in that market first, with Bitcoin to follow. Be careful. Take profits.

BTCUSD
BTC.D
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