A GOOD DAY FOR ALTS????
Good day EVERYONE .....
welcome again for another classic analysis....
we all were giggling and all happy with alts after spike in btc price except you were in the other side of the market like me....
but before that spike something weird really happen the #btc.d was very strong and alts still pumped really hard that only tells you that the money inflow didnt just go to btc but it also went into alts massively now i suspect the dominance is bearish on the shoter term as we are still in a uptrend on the daily and its just and healthy correction this will give room for alts to grow more but once its becomes bullish again it might be dangerous for alts given the condition of btc even if we see some correction on btc price now as long as btc.d is still bearish alts will hold well.
Thats my two cents..... if you like this pls share and like thanks.
welcome again for another classic analysis....
we all were giggling and all happy with alts after spike in btc price except you were in the other side of the market like me....
but before that spike something weird really happen the #btc.d was very strong and alts still pumped really hard that only tells you that the money inflow didnt just go to btc but it also went into alts massively now i suspect the dominance is bearish on the shoter term as we are still in a uptrend on the daily and its just and healthy correction this will give room for alts to grow more but once its becomes bullish again it might be dangerous for alts given the condition of btc even if we see some correction on btc price now as long as btc.d is still bearish alts will hold well.
Thats my two cents..... if you like this pls share and like thanks.