What do you think on such a scenario?))
1)Alts are going to make x3-10 next 2 month
2)Bitcoin is going to 300k+
3)Alt are going to make another x5-10 at the end of the bitcoin bull cycle
what are your thoughts
this would actually be healthy
and support my longer term views of increasing adoption
and many other #alts will continually chip away at the #godcoin
it still may reach insane #USD numbers including John McAfee's $1 million dollar prediction
But space is growing faster than Bitcoins inflation rate,...
"Alt season" has pushed BTC.D down to 40 area, but how low will it go. How long can this last. Weekly RSI is way down at 15 now and Bitcoin looks to have taken a first clumsy step down a big hill. I don't think BTC.D will get to 30 like 2018, but we'll see.
#Bitcoin Dominance Update:-
#BTC dominance currently 42%
Last time when I was posting chart that time Dominance was 46%
Good going as we expected.
39% is strong support so we can expect bounce back from this level.
And I also expecting altcoins dump possible at this level.
Keep an eye on My levels:-
Support:- 39% / 35%
Resistance:- 50% / 60%
I can expect...
okay to explain what is happening right now...
this is hard to have that corrections I know n maybe some of u have lost more than 70% of their wallet value, however its all really about risk management and how to deal with fear n greed.
BTC.D is the most clear indicator which says the condition of the bull run we have in 2021.
when BTC.D go lower n lower...
BTC dominance is falling more and more while the altcoins start to perform hot, especially Ethereum! We continue to make lower lows with us hitting low 42% dominance, came up a little bit since then but looking very bearish. However i do expect a short term bounce off the 40% dominance level due to it being strong historical support. Looking for a peak for alts...
Got a bounce so far hence why ALTs are bleeding could be coming back up. Btc should have a big move coming as it’s squeezed between daily 20 ema and daily 50 ema keep eye on this if your highly in ALTs. Could be some further bleeding for a while until this gets rejected somewhere above again
BTC Dominance continues dropping. Soon we'll see a lot of examples when coins will pump every day.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it...
#BITCOIN Dominance Update:-
Guys Altcoins Sessions end or not...?
I will update all information in this IDEA.
Now Dominance is trading at 46%
And this is below of support level so now altcoins is bullish.
But I am waiting for 39% dominance level.
If this comes then I will exit from all Altcoins and Also Update you what will you do for Safe your fund.
BTC.D H&S paterns target is almost reached
We might see a dominance bounce and suction of some overbought alts into papa soon
Rejection in the red zone in circle might cause a further dominance drop till end of...