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CryptoParadyme
Jun 6, 2022 11:02 PM

Dominance rises  

Market Cap USDT Dominance, %CRYPTOCAP

Description

TA on dominance charts is always unpopular, but there's a large ascending triangle for now that is looking to move up further. My guess is when this measured move complete, crypto markets firmly bottomed.

We seem to be prepping for a bounce on crypto, but traditionally Bitcoin needs to go -80% for a macro bottom.

Until the fed provides more favorable policy, crypto is an ugly scam.
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