Alts have been pumping. Bitcoin has been lagging but relatively stable. Looking at btc dominance, support is about to be reached. This means either of 2 things is about to occur. Either btc will go up in price or alts will retrace. There is a chance that the first move will be a retracement in alts but I find it more likely that btc will raise in price as money...
Bitcoin dominance retracing as it tested multiple times the upper trendline of the ascending channel in the 2D chart This movement is fueling movements in the Alts Market and I think it wont stop at least till hitting the lower trendline, giving time "AltSeason" Enjoy it.
Bitcoin domination is growing but after we touch 3 time resistance line of this up trend channel and dont break up. I think domination is falling to around 67.5% - midle line of channel
TOTAL MARKET CAP was break the down trendline. Dominance, on the other hand, is at the top of the channel and is now heading to the bottom. If this trend takes place at the same time, a amazing rise in the Altcoin is expected. In order for this to happen, Bitcoin must continue its current trend.
I believe bitcoin will move in these yellow channels until October 2019. The white line is the support tend line. Will have to see what to do when we reach that area highlighted in yellow circle.
Not saying that's a tradable chart. But if it was I'd go long...
Is this the start of another alt season? Altcoin dominance needs to close above the 200 Week MA at 30.65%. Despite the downward trend of the 20, 50 and 100, the 200 remains in a bullish posture trending upwards. Is Bitcoin going to sell off and profits go towards altcoins finally? MACD is looking to bull cross soon, the RSI is leaving oversold territory after...
FOR EDUCATIONAL PURPOSES ONLY.
EW pattern looks like btc dominance could correct very soon.
Altseason coming soon 90% of all Altcoins are better than Bitcoin For those who wait for the BTC with dominance above 90% can take the horse from the rain because The alts it is already filled with big Holders holding the altcoins just waiting for a good bitcoin failure for Altseason to take action I believe dominance BTC is already stifled This factor has...
this actually makes more sense to me, maybe 75% Dom before BTC just dumps
BTC failing Altseason coming soon Buy a low coin to dominate her bitcoin is only for entering altcoins and not to stay still Heavy investor intelligent can buy the lowest Altcoins from real and good projects. So much smarter than buying such expensive and functionless BTC except to be standing guard waiting for who knows what kkkk Smart investor takes a very...
BTC failing Altseason coming soon Buy a low coin to dominate her bitcoin is only for entering altcoins and not to stay still Heavy investor intelligent can buy the lowest Altcoins from real and good projects. So much smarter than buying such expensive and functionless BTC except to be standing guard waiting for who knows what kkkk Smart investor takes a very...
BTC dominance is in support (Golden line), if broken, I see a big dump. Also, RSI have broken the uptrend. We can see a Little relief before the dump. First around 67%, later 64%. Today, if feels like alts season just have begun. Lets see...