BTC Dominance - Grandpa BTC falls under 40%. Altcoin kids party!
When Grandpa BTC is not paying attention, the altcoin kids start partying.
BTC has lost the 40% market dominance. The last two weekly candles under this key level are plenty of confirmation.
What does that mean? It means more money is flowing into... altcoins, some of which are pumping nicely, like Chainlink in the past week (+30%).
If BTC does not wake up from its handover, then it can fall to the next key support level at 35%. I'd be surprise to see that fall as well. Then things can turn real crazy.
Until then, scout the alts that can rally or started already and enjoy the ride!
Like and follow if you liked my idea!
BTC has lost the 40% market dominance. The last two weekly candles under this key level are plenty of confirmation.
What does that mean? It means more money is flowing into... altcoins, some of which are pumping nicely, like Chainlink in the past week (+30%).
If BTC does not wake up from its handover, then it can fall to the next key support level at 35%. I'd be surprise to see that fall as well. Then things can turn real crazy.
Until then, scout the alts that can rally or started already and enjoy the ride!
Like and follow if you liked my idea!
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