BTC.d is bouncing from big support when BTC is starting a new wave with a double button trading low market cap alts is not a good idea at this moment only big altcoins like ETH BNB ADA ... can hold against this. stay safe
updated chart to show BTC.D looking for that bounce here as Bitcoin starts taking the leadership role back from alts, but i dont expect alts to pullback much if at all. They will most likley slow down with few names popping hard each day. That alt season type of rally that will happen as soon as bitcoin chills out after this current move and begins going...
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Reached support zone 63-62%
From here more likely is dominance to move up
Which mean bleeding and correction for alts
If dominance breakdown this Support can lead to alts season but this is less likely here
Next week is very important for all the market
Take care because big move soon and dont overtrading
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Bitcoin Dominance chart on the daily , Bitmex on the weekly and Bitfinex on the 6 Hour . Interesting patterns forming , which way will they break .
Bitcoin halvening has past , how will this make btc react now
The dominance of BTC is slowly falling.
A decrease in BTC's dominance does not necessarily mean that BTC's price falls.
When the dominance of BTC falls, we need to see where the money goes.
Funds should not move to stablecoins, but should move to altcoins to start the bull market everyone wanted.
BTC's dominance should fall and Alt's dominance will rise until...