BTC DOMINANCE PERCENTAGE... BTCSZN or ALTSZN?

Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)

Updated

CRYPTOCAP:BTC.D Market Cap BTC Dominance, %

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most of this will depend on BTCUSD, but Im watching to see if BTC.D percentage will break down from here or reverse up... BTC.D breakdown = possible altszn vs. BTC.D reverse up = possible btcszn .. all depending on BTCUSD... we will keep an eye to see what happens and can then better position BTC/Alts/USD accordingly

Comment:

I don't want to call it TOO early, but it looks like ALT SZN is coming soon... will update with chart once we get a clear direction

Comment:

WE ARE IN ALTSZN! 61.76% BTC Dominance when posted and currently hovering around 52.42% and watching for a break/bounce at 50%... will be targeting high 30's and low 40 percent for the Bitcoin Dominance bottom and a move towards a more BTC heavy and altcoin light portfolio. CHEERS!

Trade closed: target reached:

ALTSZN took us from 61.76% BTC.D to a low of 39% BTC.D and we are currently chopping in the 40's for Bitcoin dominance, but we should start thinking about allocation + end of cycle price moves now, before the SZN changes. I think we can see a new low for BTC.D with a sharp move up in alts before dominance ultimately reverses up. I hear all the narratives, ETH2.0 scaling/deflationary, venture backed SOL-szn, ADA in Africa to name a few.. even though these are all great long term, they really don't matter in the short/medium term.

Comment:

full BTC.D reversal begins... liquidity will soon dry up across alts with the remaining going into Bitcoin.

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