Bitcoin Dominance is again above 200MA while hitting the resistance area. We might see some relief in Alts for the short term. However, the trend for Altcoins will be confirmed when it hits the upper resistance trendline. Breakout will result in more blood in altcoins. This will be the fourth time dominance will be hitting this 1 year + resistance trendline.
What do you think? Let me know in the comment section. Thank you for your consistent support.
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There are no particular signs now that speak in favor of one or the other event. I just got out of the alts (fixing losses) and am waiting to see what happens with the domination. After determining the route I will buy something back.