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Bestzaid
Jan 15, 2021 6:19 PM

BTC Dominance - Is it going to keep dropping? (Alt Season) Short

Market Cap BTC Dominance, %CRYPTOCAP

Description

BTC Dominance moving inside this pattern for some time now, Since alts are pumping at the moment, do you guys expect the BTC Dominance to keep dropping? I personally do.
Comments
Berkley101
what the heck, this big time frame... what is with the alt season? this chart means to me alt season will be at the earliest in june 21? more like march 22? no way....
Bestzaid
@Berkley101, Alot of alt coins are outperforming BTC already, so technically some alts are already having their season
Berkley101
@Bestzaid, i know, what are your favorites? i'm trading SUSHI and CELR right now, I also have an eye on BAT ;)
solidMoth13
@Berkley101, RFI and SMARTKEY all the way man
Bestzaid
Do you guys expect it to break down or up? after all, it is a bearish pattern since the incoming move inside this triangle is a downward move. Does this confirm the alt season?
solidMoth13
@Bestzaid, imo alt season has already started, it's just that inatitutional capital inflated btc mcap ans dominance towards total crypto mcap and curetly alt season is in warm up phase at about 15-20%it should take no more than 1-2 weeks to warm up and give us 2-3 weeks alt season and them small one month cool down perios for crypto markwt.
Bestzaid
@solidMoth13, I share the same thoughts, thanks for your opinion!
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