BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hello!
Bitcoin have already 4 months of uptrend, RSI is at 70 same as 2015 followed with downside.
Dominance at 61% same as on sept 2018 followed with downside.
I believe it will follow same patterns with -40% down, with 4200$ target, also a great support! ( Bitcoin have a lot of -40% corrections)
Bitcoin shorts are starting to get closed witch will lead more on downside, possible 50% drop on shorts (32k to 16k)

Get READY for MONDAY! it will be fun!
Comment:
Comment:
In the btc domination picture, do you think that it just formed a upside down Head and Shoulders?
+1 Reply
CaramelSpaceFrog TWIMARKETCAP
@TWIMARKETCAP, i think bitcoin can go back to 90% of dominance, altcoins will literally dont move or will die,
+1 Reply
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