watch for BTC dominance move up a bit and come back to the downside. Do not freak out, this does not mean the price will crash...it just means that some of the money will come out of BTC and be moved into the Alt-coin market...which will make the Alt coins scream bullishWhen Bitcoin Dominance gets to 39%-31% thats when ALT coins will absolutely RIP!
Not going to happen ....they talking for months about a altszn, partyszn
mohsin_mike007
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No offence bylerzone i respect your opinion but its my personal opinion
bylerzone
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@mohsin_mike007, no it’s fine, I don’t take offense…charts are only probability…charts have always worked for me…I’ve been trading for nearly a decade and investing…the more you study, the more you change time frames for your planned trade…but BTC dominance, when you study the previous runs, when BTC grinds, and Dominance goes down, alts go up…that’s just common with the last 5-6 years of data… I post and send charts to people and they message me constantly with there entry and exits and profit big, as have I…it’s an art…that’s why only 1% of common people make a profit in trading…
mohsin_mike007
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Charts are just lines it dont work in crypto market tbh it just give you a hope mostly a fake hope and charts are the reason behind all the traps bull trap bear trap happen coz of fake chart
mohsin_mike007
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For alt season we need other top 10 coins to perform well while btc dump its all about market cap btc losing market cap and alt gainging market cap then alt season happen otherwise no altseason
mohsin_mike007
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For all this we need eth to hold its ground otherwise no alt season mention this too please So far recently btc trying hard to crush eth and if eth fall more then btc then I don’t expect any alt season
btaylorrunner
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What are the odds we get to that lower level by mid May??
bylerzone
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@btaylorrunner, I believe that zone is where we will be headed… by end of May if not sooner…the Fed has to stop bashing Digital Assets and raise interest, that way it can be left alone to do what it’s going to do…remeber too, you make $ when there’s fear and sell your asset when there’s greed…