Get started
outbreeak

BTC.D weekly support. RSI oversold - 28/04/2021

Long
Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)  
outbreeak  
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Technical Indicators Trend Analysis
3
4
indicator trendanalysis
Support at previous support range and 0.618 fib. In my view it means that Bitcoin will fall and altcoins will fall faster than Bitcoin. However, it can also mean that Bitcoin will rise with money flowing from altcoins to it. As I am bear in relation to the S&P 500 I bet on the first option (due to the correlation of the assets).
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.