porterstone

Altseason now or 80% dominance first?

Long
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
INVERTED CHART TO REMOVE BIAS

Could go either way

Bitcoin dominance breaks falling wedge bullish before May 2021 (good for alts) - 60% liklihood
Bitcoin domiance tests lower section of wedge and goes to 80%+ before breaking out bullish after May 2021 (good for alts) - 30% liklihood
Bitcoin dominance goes back to 85% and this market is a BTC-maxi market with no major altseason - 10% liklihood


Betting on greed being as strong as fear, and greed taking over and going into alts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.