Guapeva

BTC.D -> Long, but not much. When ALTSEASON? Here!

Long
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, % (CALCULATED BY TRADINGVIEW)
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Taking a look at Bitcoin dominance chart, we can see that last bull run, after Hash ribbon signalized, Bitcoin recovered some dominance and had a final pump alone, before the REAL altseason starts. Bitcoin is supposed to recover some dominance, but not much.

TA factors:

1- Hash Ribbon and Stock to flow indicators signalized bull run'
2- Stochastic oversold;
3- MACD is bearish , will move up, but not much.
4- Alligator crossed bearish .
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Comments

@Guapeva with all due respect, let's watch who's right? I say there won't be a rebound now. A small lateral movement at most.
+1 Reply
Guapeva averkieskila
@averkieskila, for sure bro, your analysis is great!!! I see some recovery on dominance at some point, but not much as I said. Totally favor on alts in my opinion
Reply
Best chart of the BTCD I have seen so far. Hope valid!
+1 Reply
Guapeva klimauk
@klimauk, thanks brother
Reply
Good analysis. Thanks.
+1 Reply
Guapeva iorthoami
@iorthoami, welcome
Reply
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