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ViniciusBaccelli
Oct 19, 2021 12:04 PM

(Inverted graph) Stay alert on the dominance pull back Short

Market Cap BTC Dominance, %CRYPTOCAP

Description

(Inverted graph) Stay alert on the dominance pull back on the next days, maybe a good moment to start buying Alts with BTC.
The 200 Daily average is showing some support on the short term but we can still go test the bottom of that channel around 49%.
Bouncing early over the 200 EMA would be normal, because traders tend to anticipate moves. Even if BTC retests 58k, many o that BTC money will go to alts in the meanwhile if
we hold support in the dominance. Stronger Alts will do better now, forget low cap coins.

Comments
OldmanSachsS
Do you think BTC pullback will happen at 64K-65K level ?
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