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Tolberti
Nov 7, 2020 11:03 PM

BTC.D Bitcoin Dominance - Alt season is here! 

Market Cap BTC Dominance, %CRYPTOCAP

Description

- Bitcoin is weak now, there is not enough fuel to continue parabolic for another weeks
- I think bitcoin will go sideways, and altcoins can experience a nice pump to the upside
- Better to buy ETHEREUM for massive gains

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Comments
alkuhawlik72
seems as bitcoin has started heading north again. just needed a small correction possibly?
Tolberti
@alkuhawlik72, Well, we will see soon.
alkuhawlik72
so when it breaks trendline thats a sighn that money is shifting from btc to alts? Do the numbers represent anything ? say its at 64,88 whats that mean?
Tolberti
@alkuhawlik72, It is a bitcoin dominance. 64% of total market capitalization is in bitcoin. 36% in altcoins. Usually, when the dominance going down, alts are performing better. So it's worth to hold alts.
II_godfather_II
Alt season MEAN 100X OR MORE !!
Tolberti
@II_godfather_II, Maybe it is time for 100x
averkie_skila
@Tolberti, Apparently, we should wait a little longer, it does not fall off.
Tolberti
@averkieskila, It's going down slowly, but the speed will increase
TAMEER_LY
Actually, you are a successful analyst, I hope that you add scalping deals with a small profit

thank you sir
Tolberti
@moadali, Thank you
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