JacintoMonteiro

Btc dominance drop cenario

JacintoMonteiro Updated   
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
As mentioned before, Btc might print a double bottom.
Check previous TA.

Coinmarketcap shows 49.9% btc dominance at the moment.
Its happening really fast!
Faster than what i draw before in those pink lines.

Will BTC hold the ground at 50% dominance, or continue droping?
A 50% drop from last top will create a double bottom at 37% btc dominance.
If we continue droping. I guess we can say that the alt season actually started in early January this year.

Anyhow, still bullish on BTC .
Bull run is still intact imo.
Trade active:
And it keeps falling.
48,5% today at coinmarketcap.com
Trade active:
39% hit today.
Comment:
I sold most of my alts a bit before 40%.
Things got just too wierd and messy to me.

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