Bitcoin looks weak on the daily TF. The coin is ranging since many weeks and the volume looks weak too.
Along with this, BTCD got rejected from 200EMA a few days ago.
Bearish price action in BTC combined with a dumping BTC dominance means a pumps in alts is possible.
I expect btc to dump hard in the next few days to atleast 56617. Then we might see a relief rally and dump further down to 53200 area.
Massive rallies in alts are coming especially the top 50 coins.
Note: This is not financial advice. Your losses are YOUR responsibility.
Along with this, BTCD got rejected from 200EMA a few days ago.
Bearish price action in BTC combined with a dumping BTC dominance means a pumps in alts is possible.
I expect btc to dump hard in the next few days to atleast 56617. Then we might see a relief rally and dump further down to 53200 area.
Massive rallies in alts are coming especially the top 50 coins.
Note: This is not financial advice. Your losses are YOUR responsibility.