Hi Everyone
If you're into highly technical analysis, this one is for you.
The question/objective of this analysis for me was: "how far are we away from BTC top?"
In short - It seems likely for one more push from Bitcoin's side. By using fractals we get a probable percentage of around 12%.
During this time, alts other that ETH might bleed. Why other than ETH? Because we see a W-Bottom chart pattern on the ETHBTC chart, indicating ETH is warming up to gain some ground on Bitcoin. This usually signals the final moments of a BTC rally.
In this video, some of the things we discuss include:
- Bitcoin dominance chart, we use phoenix ascending fractals to get a percentage
- ETHBTC chart, we use fractals to determine when a rally is nearby and we see a W-Bottom
Follow here for daily updates
Best Regards
Ev
If you're into highly technical analysis, this one is for you.
The question/objective of this analysis for me was: "how far are we away from BTC top?"
In short - It seems likely for one more push from Bitcoin's side. By using fractals we get a probable percentage of around 12%.
During this time, alts other that ETH might bleed. Why other than ETH? Because we see a W-Bottom chart pattern on the ETHBTC chart, indicating ETH is warming up to gain some ground on Bitcoin. This usually signals the final moments of a BTC rally.
In this video, some of the things we discuss include:
- Bitcoin dominance chart, we use phoenix ascending fractals to get a percentage
- ETHBTC chart, we use fractals to determine when a rally is nearby and we see a W-Bottom
Follow here for daily updates
Best Regards
Ev
