Big cap coins are pumping and pulling the bitcoin dominance index down. We are closer and closer to the white line(support) if ur are heavy in low cap coin watch out when we get there. we might get short-term bounce back to 59% area.
secure profit when we get there or update ur stop loss.
if we do break it however the party continues ofc.
It's been over 3 years holding small cap altcoin that have 90x potential. To many it's a nerve wrecking ordeal.
Ain't gonna repeat the same mistake for the 4th time. Because they knew when you gave up and sell it off. They would just get it pumped and broke the roof so they could celebrate and LOL at you..
rmoorer
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Appreciate your analysis. One question: I know it is impossible to predict how much each altcoin will dump if BTC bounces back. However, what is - in your opinion - a reasonable average 'correction' percentage for altcoins when BTC indeed bounces back?
Udibaba660
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@rmoorer, atleast 30% correction in alts... If dominance increase from here